The purpose of this Chapter is to explain the procedures for contracts, purchase orders, voucher payments, journal entries, and expense reports against appropriations scheduled to lapse pursuant to Sections 40, 99-d and 99-e of the State Finance Law.

Agencies are responsible for ensuring that all transactions affecting lapsing appropriations are posted in SFS prior to the lapse date as no further payments or adjustments are permissible from appropriations after their lapse date.

During the lapsing process, SFS will make appropriate changes to any transaction still referencing lapsed appropriations to ensure these appropriations are not used by those transactions after the lapse date.

For additional instruction on this topic, visit job aid "Lapsing Action by Transaction Type" published to SFS Coach. SFS Coach is accessible from the SFS home page after logging in with your SFS user ID and password.

Guide to Financial Operations

REV. 06/19/2019