Accounting Procedures and Supporting Documents

Procedure Name Description Supporting Documents
ACCOUNTING FOR EDUCATIONAL OPPORTUNITY FUND

The purpose of this procedure is to outline the process for best practices for accounting and reporting of EOF following state guidelines. 

Released 03/15/2019

EOF UDOs – Valid.xlxs

Presentation to EOF Directors and Business Officers

ACCOUNTING FOR EXPENSE RECOVERY 

Expense recoveries must only be used for internal transactions and either facilitated by an Internal Purchase Order (IPO) in RU Marketplace or a general ledger journal entry. Expense recoveries must net to zero. 

Released 07/01/2018
 
IPO Account Mapping
ACCOUNTING FOR FACULTY FUNDS 

Faculty Funds are resources that are allocated by University leadership. They may consist of start-up funds, revenue generated by the faculty, incentive funding, internal research awards or any other discretionary funding available to the faculty member. 

Released 07/01/2018

 
ACCOUNTING FOR FUNDING TRANSFERS 

Ensures that internal transfers of funds do not increase the total University revenues or expenses, or misstate the operating results of any University unit.

Released 06/26/2018

 

 Transfer Matrix

ACCOUNTING FOR INTERNALLY DESIGNATED FUNDS- FUND 165

Records more accurate details about Unrestricted Net Position balances to support internal and external financial reporting.

Released 04/01/2019

Webinar PPT

Webinar video

ACCOUNTING FOR PRIOR YEAR BALANCES 

Addresses reporting and accounting requirements to reclassify net position balances following year-end close.

Released 07/01/2019

Webinar PPT

Webinar video

ACCOUNTING FOR SALARY & WAGE, FRINGE MANUAL ACCOUNTS

Defines circumstances under which it is appropriate to create manual transactions, which impact Salary and Wage, Fringe and FICA/Medicare accounts directly in the general ledger or Projects.

Released 04/15/2019

Webinar PPT

Webinar video