USAS-R Fiscal Year End Checklist

This document is a guide that outlines the procedures necessary to close the USAS for the month, quarter, and fiscal year-end. It details pre-closing procedures that can be completed prior to the fiscal year-end, such as updating Central Office square footage, building profiles, and running various reports to ensure account validation and accuracy. The guide specifies steps for month-end closing, including entering transactions, reconciling with the bank, and completing cash reconciliations. It also describes the fiscal year-end closing process, which involves verifying cash reconciliations, entering federal assistance information, and generating necessary extract files for data collection. The document emphasizes the importance of completing these steps in a specific order to ensure accurate financial reporting and compliance with district requirements. Additionally, it mentions the scheduling of AOS extracts for audits and provides instructions for creating files for the Web-GAAP system.