Financial Records

• The financial statements are to be reconciled each month.
• Any incorrect entry is to be reported to the Controller's Office, Accounting Section immediately.
• The accounts, excluding sponsored projects, which have one subsidiary ledger for one general ledger account (usually a sales and service Restricted Fees and Service Clearing type accounts) need to ensure the General Ledger Claim on Cash agrees with the Subsidiary Ledger Budget Balance Available plus any commitments.

The Financial Records System policies and procedures are in Chapter 6030 Financial Record System of the University Policies and Procedures Manual.

For more information and assistance, please contact the Division of Financial Services, General Accounting Section 785-532-6202.