Presentation is loading. Please wait.

Presentation is loading. Please wait.

Budget 101 Fiscal Year 2018.

Published byDevi Hermawan Modified over 6 years ago

Similar presentations

Presentation on theme: "Budget 101 Fiscal Year 2018."— Presentation transcript:

1 Budget 101 Fiscal Year 2018

2 Account Types by Funds Account begins with: 1- State appropriations & Statutory Tuition 2- Designated Tuition & Fees 3- Auxiliary 4- Grant funds

3 Canopy Budget Pools 1100 Salaries 1700 Wages 1900 Benefits
3000 Other Expense Canopy is web version of FAMIS- Financial Accounting Management Information System

4 Traintraq has Canopy training courses

5 Reconciling Accounts

6 Budget Transfers

7 Responsibilities of Account Managers
Reconcile accounts monthly Review account balances PRIOR to attempting to make purchases or payroll payments Do not consider wage & benefit allocations as operating funds- they are not! Spend responsibly

8 Priority Order Funding Process
Priority Order of funding: Personnel Costs (salaries & benefits System Assessments & Debt Service University Contracts Operations(Other Expense Pool) & Wages

9 Funds Types Designated Tuition State funds Fees
State Funds are primarily used for Salaries & Benefits. Operations & Wage budgets allocated in both designated & fee accounts

10 Travel

11 Purchasing Cynthia Henderson, Director of Purchasing / HUB Coordinator / Payment Card (P-card) Administrator *Registration fees -If paid via P-card and a state account will be used, forward copy of invoice to Accounts Payable *Advance Payments -Must meet specific criteria, Please contact Purchasing *Alcoholic Beverages -State funds may not be used to purchase alcohol or for personal consumption or entertainment. (See System Policy - *Flowers State funds may not be use to purchase flowers, floral arrangements, or for decorative purposes. *Plants Plants can be purchased with local funds for common areas only (foyer), not for individual offices.

12 Purchasing *Purchases - See System Policy - Food for any purpose other than lab use (i.e., Human Sciences or Biology) require a request to purchase that answers the 5 W’s (who, what, when, where, and why) before it can be approved for payment. “Who” must be the names of the individuals attending the event. Sign-in sheets are required; exception is events attended by members of governing boards or dignitaries (a membership list or roster list must be attached) or for events attended by the general public *Gifts/Service Awards – See System Policy - *All System Policies located at:

13 Questions?

14 Budget Office Contact Information Budget Website:

Download ppt "Budget 101 Fiscal Year 2018."

Similar presentations

MURC Purchase Card (P-Card). Policy & Procedure Manual Read thoroughly Covers most questions P-cards are a privilege that may be revoked for violations.

MURC Purchase Card (P-Card). Policy & Procedure Manual Read thoroughly Covers most questions P-cards are a privilege that may be revoked for violations.
Account Types and Funding Information.. You will be able to… Define Types and Sources of Accounts Define Purpose and Use of Funds Give Examples of the.

Account Types and Funding Information.. You will be able to… Define Types and Sources of Accounts Define Purpose and Use of Funds Give Examples of the.
UAA Department Scholarships and Academic Tuition Waivers Knowing the difference between the two and using them appropriately Charlene Robertson and Heather.

UAA Department Scholarships and Academic Tuition Waivers Knowing the difference between the two and using them appropriately Charlene Robertson and Heather.
FY 2014 EMPG Local Awards Administered by the Office of Homeland Security (OHS).

FY 2014 EMPG Local Awards Administered by the Office of Homeland Security (OHS).
Financial Budget Training FY15. Budget ComponentsBudget Components State Appropriations - Biennial Legislative Appropriation Request (LAR) Tuition - Student.

Financial Budget Training FY15. Budget ComponentsBudget Components State Appropriations - Biennial Legislative Appropriation Request (LAR) Tuition - Student.
Disbursement Process for Foundation Spendable Funds.

Disbursement Process for Foundation Spendable Funds.
Accounts Payable Training Vendor Information & Voucher Preparation Revised 10/16/2014.

Accounts Payable Training Vendor Information & Voucher Preparation Revised 10/16/2014.
Fall 2010.  Allocation & Re-Allocation Process  Financial Paperwork/Forms  New for 2010-2011  Reminders.

Fall  Allocation & Re-Allocation Process  Financial Paperwork/Forms  New for  Reminders.
Account Types and Funding Information.. You will be able to… Define Types and Sources of Accounts Define Purpose and Use of Funds Give Examples of the.

Account Types and Funding Information.. You will be able to… Define Types and Sources of Accounts Define Purpose and Use of Funds Give Examples of the.
Our Mission Our Mission: To process vendor payments in a timely manner while maintaining a high level of accuracy. Remember, transactions using state.

Our Mission Our Mission: To process vendor payments in a timely manner while maintaining a high level of accuracy. Remember, transactions using state.
Financial Overview of Center and Institute Q&A Session 9-7-2010 Kathleen Bradley-LockhartKathleen Bradley-Lockhart.

Financial Overview of Center and Institute Q&A Session Kathleen Bradley-LockhartKathleen Bradley-Lockhart.
Year-End Closing of the Books Fiscal Year 2014. Dates to Remember: June 30 Last day of FY14 July 8 Period 12 closes at 5:00 p.m. July 15 FY14 campus Banner.

Year-End Closing of the Books Fiscal Year Dates to Remember: June 30 Last day of FY14 July 8 Period 12 closes at 5:00 p.m. July 15 FY14 campus Banner.
Associated Students, Inc. (ASI) Finance Committee “It’s your Student Government” Presented By Navdeep Kaur Vice President of Finance.

Associated Students, Inc. (ASI) Finance Committee “It’s your Student Government” Presented By Navdeep Kaur Vice President of Finance.
Institutional Memberships November 2010. Institutional Memberships New Operational Guideline: Memberships Paid by University Funds can be found at

Institutional Memberships November Institutional Memberships New Operational Guideline: Memberships Paid by University Funds can be found at
Reimbursement Procedures for Title I Charter Schools School Year 2012-2013 Department of Federal and State Programs.

Reimbursement Procedures for Title I Charter Schools School Year Department of Federal and State Programs.
HOW TO WRITE A BUDGET…. The Importance of Your Budget Preparation of the budget is an important part of the proposal preparation process. Pre-Award and.

HOW TO WRITE A BUDGET…. The Importance of Your Budget Preparation of the budget is an important part of the proposal preparation process. Pre-Award and.
Financial Management How Can I Spend Award Dollars.

Financial Management How Can I Spend Award Dollars.
Foundation Financial Services Post Award Nancy Gomez Post Award Analyst.

Foundation Financial Services Post Award Nancy Gomez Post Award Analyst.
Budget Update August 12, 2014 Mary Simon Senior Director, Budget Development & Planning Mary Simon Senior Director, Budget Development & Planning 1.

Budget Update August 12, 2014 Mary Simon Senior Director, Budget Development & Planning Mary Simon Senior Director, Budget Development & Planning 1.
T RAINING FOR P-C ARD U SERS E FFECTIVE 4/1/2014, YOU WILL LOSE YOUR P - CARD IF YOU VIOLATE PURCHASING OR P - CARD POLICY AND PROCEDURES THREE (3) TIMES.

T RAINING FOR P-C ARD U SERS E FFECTIVE 4/1/2014, YOU WILL LOSE YOUR P - CARD IF YOU VIOLATE PURCHASING OR P - CARD POLICY AND PROCEDURES THREE (3) TIMES.

Similar presentations

Ads by Google