Office of General Accounting
Financial Reporting prepares the Annual Financial Report (AFR) for the State Comptroller Office, Sources and Uses report for The Coordinating Board (THECB), Integrated Postsecondary Education Data System - Finance (IPEDS) report for National Center for Education Statistics, Integrated Financial Report System (IFRS) and internal monthly financial reports and budget to actual reports for management.
State Accounting ensures the University complies with the State of Texas Comptroller Office accounting and financial reporting rules and regulations. The area is responsible for reconciling Uniform Statewide Accounting System (USAS) cash and expenditures state balances to Banner state cash and expense accounts and assisting Appropriation Control Officer (ACO) with state transactions.
General Accounting is responsible for preparing, reviewing, and approving departmental journal vouchers, reconciling general ledger accounts receivables, capital asset accounts, bond liability accounts, and balancing the GL month-end close process. The accounting department aids administrative and academic departments with financial matters and compliance with state-regulated account codes.
The Bank Reconciliation is responsible for reconciling the University’s Local Operating Bank, Payroll Bank, and Cashier Bank for student receivables, accounts payable, auxiliaries, deposits, and wire transfers.
The System Administrator is responsible for Financial System maintenance, involving chart of account updates, assisting the Office of Information Technology with production critical issues, administers financial system security, providing support to administrative and academic personnel with general ledger matters, updating approval queues, reporting, and database set-up for interfaces with Banner.