1. Welcome

2. Department Reorganization
Accounting & Financial Reporting
Budget & Resource Planning

3. Accounting & Financial Reporting

4. Accounting and Financial Reporting Staff
Danielle McDonald, Accounting & Financial Reporting Manager
STE 340
Brenda Golemon, Budget & Reporting Analyst II
STE 341
Esteici Licea, Budget & Reporting Analyst II
STE 342

5. Accounting and Financial Reporting Staff
Brenda Golemon, Budget & Reporting Analyst II
STE 341
Areas of expertise:
Capital Projects
Reconciliation Monitoring

6. Accounting and Financial Reporting Staff
Esteici Licea, Budget & Reporting Analyst II
STE 342
Areas of Expertise:
Requests for adds/changes to Departments, Cost Center, BA’s
USAS (Uniform Statewide Accounting System) – processing/reconciling expense reimbursement of appropriations
IDT’s- Interdepartmental revenue/expense transfers

7. What is Accounting & Financial Reporting responsible for?
Reviewing/Processing Monthly Journals
Annual Financial Report (AFR)
Monthly Financial Report (MFR)
Monitor Account Reconciliations
Internal and External Financial Reports
Quarterly Expenditure Reports
USAS to ABEST recon
Sources & Uses Report
IFRS (Integrated Fiscal Reporting System)

8. What services do we provide?
List of cost centers and projects under a budget authority
Process requests for new/updates to cost centers, departments, and budget authorities – submitted via Docusign
Process journals - submitted via to:

9. What services do we provide?
Assistance with Account Reconciliation questions, including training
Capital Projects
Ad Hoc Reporting

10. Account Reconciliation Training

11. Purpose of Reconciliations
Confirm all the expenses charged, journal entries processed, and revenue booked are all appropriate for your cost center/project.

12. Monthly Process
Accounting & Financial Reporting office sends an when the month is closed.
Account Reconciliation Report instructions will be attached.
Report can be produced for multiple periods or one period.
Fiscal year and period are used when processing the report.
Process the report by department. This will ensure all cost centers and projects associated with the department are included.

13. Report Output
Summary Report – This is the report to be signed and dated by the reconciler along with the budget authority after the detail report has been reviewed.
Detail Report - This report will have all the transactions by account type for all cost centers and projects in the department.

14. Reconciling
A1000-A These are all related to payroll and benefits.
Verify all employees belong in the department.
Verify the amounts look reasonable and there are no amounts that look abnormal or items that were not expected.

15. Reconciling A4000 – M&O and travel accounts.
Review source documentation for all transactions (receipts, invoices, etc.)
Verify all expenses were authorized for payment against the cost center, department, grant or capital project.

16. Reconciling
A7000 – Expense Transfers (when a cost center transfers funds out).
Verify transactions with the Budget Transfer Documentation.

17. Reconciling
RTRFS – Revenue Transfers (when a cost center receives funds from a Budget Transfer)
Verify transactions with the Budget Transfer Documentation.

18. Reconciling TOTRV – Total Revenue (true deposits of money)
Verify expected revenue by source and reasonableness of amount. (example DOC ID beginning with SSF are Student Service Financial journal)

19. Documentation Maintained
Expenses
Department initiated expenses:
Detailed Invoice/Receipt
Procurement Card
Procurement Statement
Detailed Receipts

20. Documentation Maintained
Travel Card
Travel Card Statement
Detailed Receipts
Bookstore
Receipts/

21. Documentation Maintained
Postage
Interdepartmental Postage Charge
Copy Center
Request Form/receipt
Telephone Charge
with breakdown of charges

22. Documentation Maintained
Transfers
Transfer Request
General Ledger Entry
Documentation (journal entry attachment / )

23. Documentation Maintained
Income
Cash / Check received
Copy of check
Copy of Deposit Receipt from Cashier
Credit Card Machines
Settlement Reports

24. Documentation Maintained
Direct Receipts from Students thru SBS
Reasonableness
# of students at $ per lab, ticket, etc.
Can request detail if needed

25. How to Run Reconciliation Reports for UT Tyler
1) Login to PeopleSoft. From the main screen, click on UTZ_Customizations > General Ledger > Reports > Reconciliation Report. From here, click on search, and it will bring you to the following page:

26. You will need to fill out the following boxes in order to run the report.
Business Unit – Always UTTYL.
Fiscal Year – The fiscal year you are running the report for.
Acct Period – Account Period (1 – September, 2 – October, etc.)
Report Format – We recommend changing this to XLS to be able to pull the information into an excel spreadsheet. This allows for easier data manipulation, output, and overall usability.

27. You will need to fill out the following boxes in order to run the report.
e. Parameters (Department/Project ID/Cost Center ) – We recommend running this field by Department or Project ID (depending on your scenario). This will separate out the individual charges and make the overall output much more efficient to read. You do, however, have the option to run by Cost Center.

28. 3) Once you have entered your information, select “Run” at the top right hand corner.

29. 4) Once you get to the next screen, you do not need to change any parameters. Just Click “OK”.

30. 5) This will take you back to the main screen
5) This will take you back to the main screen. From here, click on “Process Monitor”.

31. 6) This will bring you to the Process List page
6) This will bring you to the Process List page. You are looking for the most recent report to read “Success” and “Posted”. This normally does not take any longer than 1-2 minutes, and you can click on the Refresh button until it displays this. Once the report has posted, click on “Go back to Financial Reconciliation Rpt”.

32. 7) From the main page, click on “Report Manager”, or you can go to your home screen and it will be listed under Reports.

33. 8) This will bring you to the Report List Page
8) This will bring you to the Report List Page. You will notice that there are two reports that have been created, both which end in .xlsx.

34. 9) Click on the first report. It will bring you to the following page
9) Click on the first report. It will bring you to the following page. You will need to click on the document ending in .xlsx. This will open a prompt for you to download the excel file.

35. 10) Once you have opened the spreadsheet, click on the back button in your browser to take you back to the Report List Page. Click on the second report, and you will find the .xlsx document here as well.
Once you have opened this excel sheet, you will have two different sheets to work with. You will need to click on “Enable Editing” at the top of both pages.

36. 12) The first excel document will be the Monthly Financial Certification sheet. You can view this as a cover page for your monthly reconciliations. This page is a snap shot of all transactions that happened during the period that you specified, as well as the transactions year to date to the end of this period (not the current year to date. Example: if you run this for November, it will only show you year to date to the end of November, nothing past). It will also show you the revenues at the bottom of the sheet. You will likely need to expand your column widths in order to be able to view all of the detail

37. 13) The second excel document will be the Detail Financial Report
13) The second excel document will be the Detail Financial Report. This will give you all necessary information to complete your reconciliations. Note that the report will separate ALL of your accounts into different tabs (Ex. A1000, A2000, A3000, A4000, A7000, etc.). However, it will ONLY create an account tab if there was activity on that account tab during the period that you specified. If you did not have any transactions on the A4000 line during the period, you will not see a tab for it. The tabs will generate as Sheet 1, Sheet 2, etc. We recommend renaming them to the appropriate accounts. As with the previous report, you will need to widen your column widths in order to see all information.

38. 14) For your payroll accounts (A1000, A1200, A3000), the report will list each employee and their id number, the associated transactions, and the detail on these transactions as well.

39. 15) For your A4000 account, the report will list the document type (voucher, requisition, purchase order, etc.), the document ID, the vendor, the related documents (ex, if your voucher was related to a requisition, etc.), the descriptions, and the amounts.
16) If there is something that you do not understand, or need assistance with, please contact the Accounting & Financial Reporting office at (this is journal_request NOT journal (space) request)

40. Questions to ask yourself for corrections
Why are we doing this correction?
Should this be corrected via Voucher/Deposit Correction
A voucher can only be corrected one time. After that it would have to be fixed by a journal.
Where do these numbers come from?
Who is approving this?

41. Journal Corrections
When submitting journals to all journals must have proper approvals and supporting documentation.
Example of insufficent request:

42. Items to Remember
Submitted to individual, not
Insufficient journal description
Insufficient line description
No explanation as to why it’s being done
No approval (BA)
No Supporting documentation

43. Helpful Queries UTT_GL_DEPT_CC_LIST
List of all departments with Cost Centers and Projects by Budget Authority for UTTYL
UTT_GL_TRANSACTIONS
List of all transactions in a Department or Cost Center
UTT_PO_PROCARD_DPT_TRANS_DTL
UT Tyler Procard Departmental Transaction Detail
UTZ_GL_ACCTLIST
Active Accounts with Descriptions

44. Definitions

45. Fund vs Function What is a Fund code?
The Fund Code determines the type of monies being accounted for
What is a Function code?
The Function code tells the purpose the monies are being used for

46. Fund Codes 21xx – Educational and General Funds (E&G)
31xx – Designated Funds
3100’s are self-funded
3105’s are Designated Tuition
32xx – Service Center Funds
4xxx – Auxiliary Funds
5xxx – Restricted Funds

47. Fund Codes 5100 – Federal Contracts & Grants
5200 – State Contracts & Grants
5400 – Local Contracts & Grants
5500 – Gifts (we get full amt)
5600 – Endowments (we get interest off of investment
All are restricted funds

48. Function (NACUBO) Codes National Assoc
Function (NACUBO) Codes National Assoc. of College University Business Officers
100 – Instruction
200 – Research
300 – Public Research
400 – Academic Support
500 – Auxiliary
600 – Student Services
700 – Institutional Support
800 – Operations & Maintenance
997 – Scholarship

49. Account Categories 1xxxx – Asset Accounts 2xxxx – Liability Accounts
3xxxx – Fund Balance Accounts
4xxxx – Revenue Accounts
5xxxx – 8xxxx – Expense Accounts

50. Expense Account Categories
5xxxx – Salaries & Wages
6xxxx – Various Categories (ex. Professional Fees, Dues, Travel, etc)
7xxxx - Transfers
8xxxx - Depreciation & Capital Purchases

51. Departmental Forms

52. Things to Consider
When requesting a new cost center, if the funding is coming from an existing cost center the funds have to be the same.
Example – if the new cost center is a 3100 fund it has to be funded from a 3100 fund.
If a new cost center requires a new department, request the new department first. Once you have the new department number, then request the cost center.
Any department/cost center change which impact a position, will require an e-form.

53. The University of Texas at Tyler
Request to Add/Change Department and/or Budget Authority in UT Share
Chan
Effective as of Date
Department Request
New
Current
Current Department Number (If Applicable)
New Department Number
For Financial Reporting Use Only
Current Department Title
New Department Title Current Budget Authority
Name
Employee ID
New Budget Authority
Name
Employee ID
Other pertinent information:
Requestor Name:
Requested Date:
Budget Authority Signature:
Provost or Vice President Signature: Financial Reporting Review Signature: Financial Reporting Manager:
VP for Budget & Finance & CFO: Financial Reporting Creator Signature:

54. Add/Change Department & BA

55. Add/Change Department & BA

56. The University of Texas at Tyler
Request to Add/Change a Cost Center in UT Share
Chan
Effective as of Date
Cost Center Request
New
Current
Current Cost Center Number (If Applicable)
New Cost Center Number For Financial Reporting Use Only
NOTE: If budget needs to be moved to the New Cost Center, prepare a Budget Transfer form and submit
Current Cost Center Title
New Cost Center Title
Fund Code
Function
Current Function
New Function
Current Department
Budget Authority
Name
Employee ID
New Department
Budget Authority
Name
Employee ID
Describe the sources of funds that are deposited in this Cost Center: (Required for all new cost center)
Describe how the funds are going to be used (spending restrictions): (Required for all new cost center)
Other pertinent information:

57. Add/Change a Cost Center

58. Request to Add/Change a Cost Center

59. Request to Add/Change a Cost Center

60. Final Items
Look for earlier month end close dates beginning with the April close.
All requests for Financial Reporting need to come through our office to verify accuracy, consistency, and reliability to our AFR
Coming soon we will have a new website containing this presentation and other helpful information.
This presentation, along with Q&A will be ed next week.

61. Q & A