State agencies must reconcile SPA ending balances with their annual financial reports (AFRs) each year. The deadlines for submitting fiscal balances in SPA and certifying Note 2 in the Capital Asset Note Submission System (CANSS) are:
- Oct. 20 – SPA balances entry for full reporting agencies.
- Nov. 1 – CANSS certification for consolidated university systems.
See SPA Fiscal Year-End Close Process (FPP N.008) for more information.