$25,000 Threshold to Prorate Across Fiscal Years

UT Austin has established a $25,000 or more threshold to prorate amounts across fiscal years (UT-Austin Only):

If service dates of an invoice cross fiscal years, you should prorate the amount between fiscal years on the transaction page of the VP document only if the amount to prorate is $25,000 or more. If an invoice is less than $25,000, it is not necessary to prorate across fiscal years. Also, if an invoice is $25,000 or greater, it is not necessary to prorate if this results in less than $25,000 per fiscal year (For example, $100,000 subscription but only $10,000 is prorated to a different fiscal year). Examples of service invoices that might cross fiscal years are membership dues and subscriptions.