Staff can close an account in the Account section of the Chart of Accounts page in Kuali Financial Systems Financials (KFS).
- A closed account is more permanent than an expiring account. This is because no transactions can use a closed account, and a closed account can only be re-opened by the Enterprise Applications department.
- Note that accounts cannot be closed from July 1 through the hard close of the UC Chart in August. After the hard close in August, accounts can be closed through the following June 30th.
- To close a grant account (sub-fund = RSTSP), please contact SPS.
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