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The deadline for submitting changes to your Balance Statement is noted in the eResources Calendar. You may have other action items or decisions to make depending on whether your statement shows a surplus or deficit. To summarize:

  • If your statement forecasts a deficit, OCLS will issue a top up invoice.

  • If your statement forecasts a surplus, you may choose to spend it on new acquisitions, request a refund, transfer the surplus to the next fiscal year, or request that an upcoming expense currently set to be paid by separate invoice is paid with Deposit Account funds instead. Unless requested otherwise, OCLS will subtract your year-end balance from your April invoice.

FOR MORE INFORMATION