The General Accounting section of the Office of the Comptroller is a service support unit that offers assistance to the community and ensures compliance with established policies and procedures.
The section performs the following main functions:
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Provides overall budget control for unrestricted funds to ensure that expenses are within policies and guidelines established by the University alerting management of the possibilities of over-expenses so that remedial actions may be taken
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Ensures proper and timely reconciliation of bank accounts
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Ensures proper and timely posting of the stores supply system to the ledger, and coordinates with Internal Audit department for the disposal of expired store items.
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Reviews travel and other advances accounts to ensure that outstanding balances are closed
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Processes custom and clearing invoices
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Prepares and develops financial reports and statements
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Monitors the monthly closing process among all sections to ensure that all transactions are posted
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Maintains the chart of unrestricted accounts and cost centers
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Assists departments in understanding and handling their financial issues
Kindly check the following important sub-pages:
You can also download a list of the frequently used accounts in here 