General Accounting

The mission of the General Accounting Department is to maintain and ensure the accuracy and integrity of the University’s General Ledger through account reconciliations and other analyses, provide timely and reliable financial and accounting services to management and the University community, maintain a knowledgeable staff who understands various accounting processes from start to finish, provide accurate and timely customer service, and utilize technology effectively in the operation of accounting functions.

Services

• Reconcile designated University bank accounts
• Invoice non-research, non-student tuition accounts receivable
• Establish, maintain, and disable Entity 02, 03, 04 , 07, 09, and 47 accounts
• Identify miscellaneous ACH and wire transfers (EFTs) and record to PRISM General Ledger
• Prepare annual Reports of Unclaimed Property
• Establish and maintain Petty Cash and Working Funds
• Investigate check forgeries
• Monitor restricted (Entity 04) account activity
• Pursue resolution of restricted (Entity 04) and agency (Entity 09) account deficit balances
• Establish and maintain University endowments and quasi endowments
• Transfers to/from the principal and income accounts of endowment and quasi-endowment gifts
• Monthly and quarterly endowment reports
• Individual endowment information upon request