Latest Financial Reporting and Accounting News

FY 2011 Beginning Balances – **UPDATED**

Posted July 15, 2010 in Financial Reporting and Accounting, Grants and Contracts Accounting, Management Accounting and Analysis and tagged .

Beginning balances for FY 2011 have now been posted to the General Ledger and are reflected in the July Management Reports. The June accounting month has been successfully closed. However, we have experienced a problem with the process which rolls … Continue reading →

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New Fiscal Year Management Reports **UPDATED**

Posted July 13, 2010 in Financial Reporting and Accounting, Financial Services Technical Support and tagged , .

The presentation error described below has been corrected (as of 7/13/2010). Thank you for your patience. If you have questions or concerns, please New Account Codes were assigned to the budget for State Appropriations (Fund 1001). As an unexpected result, the … Continue reading →

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Year End Capital Equipment Tasks

Posted June 4, 2010 in Financial Reporting and Accounting, Property Accounting, Surplus & Slavage and tagged .

Start your equipment housekeeping early and avoid the Year-End rush! Please do the following to successfully resolve your outstanding equipment issues as early in June as possible. • Approve payment of recently delivered equipment. • Review departmental capital equipment accounts to resolve all … Continue reading →

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Customer Site Visits

Posted May 28, 2010 in Accounts Payable, Controller, Financial Reporting and Accounting, Grants and Contracts Accounting, Income Accounting, Management Accounting and Analysis, Payment Card Acceptance/E-Commerce, Property Accounting, Tax Services.

The Controller’s Office is pleased to announce the launch of a new outreach effort – Customer Site Visits. Visits provide an opportunity for the departments of the Controller’s area to learn more about the various programs and initiatives on campus … Continue reading →

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Endowment Projections – Q3 FY 2010

Posted May 13, 2010 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for March 31, 2010, is $191.97 per unit. This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FS News. All other factors in the instructions … Continue reading →

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Journal Entries Created in the NEW e-Journal Entry Web Application

Posted March 22, 2010 in Financial Reporting and Accounting, Grants and Contracts Accounting, Property Accounting and tagged , .

Limited use of the new e-Journal Entry application has begun! Central Administration is now entering some internal journals, as well as paper pdf journal forms submitted by departments, using the new system. (A scanned image of the paper pdf journal form will be attached … Continue reading →

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Endowment Projections – Q2 FY 2010

Posted March 12, 2010 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for December 31, 2009, is $190.12 per unit. This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FS News. All other factors in the instructions … Continue reading →

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New General Administration Policies as of Feb. 9

Posted February 19, 2010 in Financial Reporting and Accounting, Property Accounting and tagged .

On February 9, 2010, the Board of Trustees approved one revision to existing policy and one new policy.  We encourage departments to review these new policies, and share among your colleagues: Policy 3-011 (Revision) Petty Cash Funds This revision of … Continue reading →

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New General Administration Policies

Posted February 4, 2010 in Controller, Financial Reporting and Accounting, Grants and Contracts Accounting and tagged , .

On January 12, 2010, the Board of Trustees approved two revisions to existing policy and one new policy.  We encourage departments to review the new policies, and share among your colleagues: Policy 3-002  (Revision), Administration of State Appropriated Funds Revision … Continue reading →

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A new round of Financial/HR Information Library (FIL/HRIL) enhancements

Posted December 10, 2009 in Financial Reporting and Accounting, Grants and Contracts Accounting, Payroll and tagged , .

The Financial & Human Resources Information Library continues to improve! A new round of enhancements allows users to see all Queries published to the Library. So now you can match your Financial and Human Resources data needs to the information available and … Continue reading →

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