Year-End Fact Sheets
Overview
Fact Sheets are a year-end tool used to report information related to accrual, deferral, and/or inventory adjustments as of June 30 for self-supporting funds (fund types 3E, 3J, 3M, and 3Q), trust – other restricted funds (fund type 4N), and health service plan funds (fund types 4S, 4T, 4U, and 4W) to ensure proper financial reporting at year-end. University Accounting & Financial Reporting (UAFR) will review each Fact Sheet and post the appropriate year-end adjustments to Banner.
A separate Fact Sheet is required to be completed and submitted for all self-supporting funds, trust -other restricted funds and health service plan funds. Any accrual, deferral, and/or inventory adjustments which are not recorded in the unit's normal accounting processes must be reported on the Fact Sheet to ensure that Banner accurately reflects the fund's financial condition as of June 30.
Critical Dates
| Fact Sheet Webinar |
Beginner Course June 23, 2026
Advance Course June 25, 2026 |
| Last Day of FY26 |
June 30, 2026 |
| Period 12 Close |
July 11, 2026 |
| Period 12 Financial Statements Available |
July 13, 2026 |
| Fact Sheet Due |
July 15, 2026 at 5:00 p.m. |
Year End Fact Sheet Application
As stated previously, a separate Fact Sheet must be submitted for all self-supporting funds, trust – other restricted funds and health service plan funds.
To create, complete, and submit a Year-End Fact Sheet for your applicable self-supporting, trust – other restricted and/or health service plan funds, log in to the Year End Fact Sheet Application via the link below:
Fact Sheet Application
Note: You must be logged into a Virtual Private Network (VPN) to access this application, similar to Banner.
Fact Sheet Excel Attachment
The Fact Sheet Excel Attachment has separate tabs for the various types of accrual, deferral, and/or inventory adjustments which may be needed for your fund. These include accounts receivable, inventory for resale, prepaid expense, accounts payable, and unearned revenue.
If your fund requires any accrual, deferral, and/or inventory adjustments for year-end, then:
- Download the FY26 Fact Sheet Excel Attachment
- Review each tab of the attachment to obtain an understanding of the type of information required
- Complete the tab(s) applicable to your fund and save the file for your records
- Upload the completed attachment in the Fact Sheet Application
- Save your changes
- Submit the completed Fact Sheet
The Fact Sheet Excel Attachment is able to properly calculate any accrual or deferral adjustments which cross fiscal years, so keep this in mind when entering in your applicable data. There is no need for you to try and calculate the split between the two years on your own. The Fact Sheet Excel Attachment will do this for you, as long as the appropriate date ranges are entered.
Each fall, UAFR uploads the new fiscal year’s Fact Sheet Excel Attachment to this page. The updated attachment can be used to track information related to these accruals and deferrals as they occur throughout the year (for example, when unearned revenue is received or when prepaid expenses are incurred). We strongly encourage tracking these items throughout the year as this helps make year-end reporting for the Fact Sheets more efficient and effective.
See below for a downloadable copy of the Fact Sheet Excel Attachment for the current fiscal year.
FY26 Fact Sheet Excel Attachment