Faculty and Staff Information

Important Reminders: Fiscal year end is approaching!

The end of the fiscal year is approaching. Remember that all supplies, materials, etc., must be physically received by Sunday, May 31, 2026 to be expensed to the fiscal year 2025-26 budget.

Items for deposit should be sent to Tallulah Campbell at studentaccounts@luther.edu by Friday, May 29, 2026.

Outstanding accounts payable travel expense reports, original invoices, supporting purchase orders, and payment vouchers should be sent to Amy Wagner at accountspayable@luther.edu by Friday, June 5, 2026.

Account adjustments, journal entries, and budget transfers should be sent to Amy Wagner at budgeting@luther.edu by Friday, June 5, 2026.

Outstanding credit card expense reports should be reviewed and approved via the JP Morgan website by Monday, June 8 2026.  Please contact Lisa Hadacek at finservccard@luther.edu for any assistance.

Thanks for helping the Office for Financial Service (OFS) close out the year in a timely manner.

JP Morgan Credit Card Fiscal Year End Reminder

The June 2026 JP Morgan credit card billing cycle covers the period 5/3/26 – 6/4/26, while the fiscal year ends on 5/31/26. As a result, some charges in the June 2026 billing cycle should be allocated to fiscal year 2025-26, and other charges should be allocated to fiscal year 2026-27.

Charges for services performed on or before 5/31/26,  or for goods received on or before 5/31/26 should be allocated to fiscal year 2025-26. Charges for services performed on or after 6/1/26, or for goods received on or after 6/1/26 should be allocated fiscal year 2026-27.

Unless notified before June 6th, OFS will assume charges with a transaction date in May should be charged to fiscal year 2025-26, and charges with a transaction date in June should be charged to fiscal year 2026-27.

If you have charges that are an exception to the assumptions described above, please email finservccard@luther.edu.