General Accounting is responsible for managing the University’s unrestricted general ledger accounting. Accounting staff provide guidance, education and training to departmental personnel regarding the form and content of unrestricted accounting transactions posting to the general ledger accounting system as well as to the owners of subsystems which feed transactions into the general ledger. This group along with the Grants and Contracts group also maintain the policies and procedures relating to financial transactions and internal controls. These responsibilities promote regular interaction with department administrators and key financial staff throughout the University.
General Accounting also manages the month-end and fiscal year-end closings of the unrestricted general ledger. Staff members serve as the data stewards for the unrestricted general ledger information, functional managers of the applications used for financial transactions and reports, and are responsible for the unrestricted accounting structure.