Review of Expenditures Reminder

Posted on 4/8/2016 3:03:23 PM

While the Financial Operations staff makes every effort to ensure all expenditures of the University are properly classified and recorded in the correct cost centers, no one knows the accuracy of expenditure accounting better than the financial manager responsible for their specific cost centers.

Please set aside some time in the near future to review the Fiscal Year 2015–16 expenditures recorded in your cost centers to ensure the expenses are properly assigned, with particular attention to student payroll expenditures, as these are usually among the most significant costs. As any such corrections must be recorded in the accounting system prior to June 30, 2016, and typically require significant processing time, please notify the Financial Operations staff of any necessary corrections as soon as possible.

Thank you in advance for your attention to this request.