Financial Services Manual (FIN)

[horizontal rule]

Effective: 4/15/1986

Revised: 11/1/2013

[horizontal rule]
[ASU logo]

FIN 207: Closing of Agency/Orgs

[horizontal rule]


[horizontal rule]

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

[horizontal rule]


[horizontal rule]

University policy

[horizontal rule]


[horizontal rule]

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 to re-map active P-Card(s) to another agency/org


  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

Valid HTML 4.01 Transitional