1. Auxiliary Accounting Michael Lewis – Auxiliary Accounting Managerlewisma@indiana.edulewisma@indiana.edu Anna Jensen – Director of Auxiliary Accountinganjensen@indiana.eduanjensen@indiana.edu

2. Auxiliary Accounting Dept. Responsibilities: Review approx. 90+ material organizations Approve month-end accrual entries Consult with auxiliary unit fiscal personnel to ensure proper accrual accounting and accurate financial statements Perform a quarterly Variance Analysis of all material auxiliary organizations Maintain the financial reporting tool

3. Documents Auxiliary Voucher Accrual Voucher (AVAE) –Reverses Adjusting Voucher (AVAD) –Does not reverse Recode Voucher (AVRC) –Acts like an Adjusting Voucher, but used for transactions between accounts

4. Example Accrual Voucher

5. Resulting Transactions:

6. Example Accrual Voucher

7. Resulting Transactions:

8. Example Adjusting Voucher

9. Resulting Transactions:

10. Example Recode Voucher

11. Resulting Transactions:

12. Auxiliary Reports Available Reports: –Income Statement –Balance Sheet –Cashflow Statement