Fiscal Year 25
View the 
Month-End Deadlines_EN Échéance de fin de mois_FR for the submitting of financial transactions and reporting schedule for Fiscal Year 25 (May 1st, 2024 to April 30th, 2025)
Fiscal Year and Fiscal Period
The Operating ledger runs on the Universities Fiscal Year - from May 1st to April 30th.
The Fiscal Year is represented by the last two digits of the calendar year in which the 'fiscal' year ends. The table below lists the calendar months with their equivalent fiscal periods as well as the current (or upcoming) fiscal year.
Fiscal Year 25 - May 1st, 2024 to April 30th, 2025
| Calendar Year | Calendar Month | Fiscal Year | Fiscal Period | Quarters |
|---|---|---|---|---|
| 2024 | 05 (May) | 25 | 01 | |
| 2024 | 06 (June) | 25 | 02 | |
| 2024 | 07 (July) | 25 | 03 | End of Q1 |
| 2024 | 08 (August) | 25 | 04 | |
| 2024 | 09 (September) | 25 | 05 | |
| 2024 | 10 (October) | 25 | 06 | End of Q2 |
| 2024 | 11 (November) | 25 | 07 | |
| 2024 | 12 (December) | 25 | 08 | |
| 2025 | 01 (January) | 25 | 09 | End of Q3 |
| 2025 | 02 (February) | 25 | 10 | |
| 2025 | 03 (March) | 25 | 11 | |
| 2025 | 04 (April) | 25 | 12 | End of Q4 |
Fiscal Periods
- Once a fiscal period is opened, documents with a transaction date within that period may be submitted.
- Once a fiscal period is closed, incomplete documents with a transaction date within that closed period may no longer be submitted.
- Once a fiscal period closes and the data warehouse is updated, financial statements are available for pick up.