Financial Services Manual (FIN)

Effective: 4/15/1986

Revised: 11/1/2013

FIN 207: Closing of Agency/Orgs

Purpose

To discuss reviews to be performed when a university department desires to close an agency/org

Source

University policy

Policy

To close an agency/org, an authorized account signer must submit a request to their Financial Services accountant.

Before an account can be closed, the department must:

1. deactivate any unnecessary PeopleSoft positions and/or re-map any active, necessary PeopleSoft positions to another agency/org
2. deactivate P-Card(s) or contact pcard@asu.edu to re-map active P-Card(s) to another agency/org
   
   

   and

3. confirm that all external and internal purchase orders have been fully expended and/or modified to zero.

   Note:

   If a surplus exists, the department must indicate the agency/org to which the surplus should be transferred, or if a deficit exists, indicate a funding source from which to clear the deficit.

  skip navigation bar

---

FIN manual | ASU policies and procedures manuals | Index of Policies by Title | FIN manual contact | Financial Services Web site

Back to Top