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Balance Transfers

Balance Transfers. GALC is clearing accrual balances Departments move cash balances GL accounts can be closed when all balances are cleared. Account Conversion. Year End Calendar. Currently being updated Accounting information needed: No change

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Balance Transfers

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  1. Balance Transfers • GALC is clearing accrual balances • Departments move cash balances • GL accounts can be closed when all balances are cleared

  2. Account Conversion

  3. Year End Calendar • Currently being updated • Accounting information needed: No change • Method for inputting YE entries: Will change. Most likely entries will be submitted to GALC on Excel templates.

  4. RCUH Advance Reclasses • Reclass adjustments should be processed as advanced funds are spent. • Use the DI to record reclassifications. • Enter RCUH project number in Org Ref ID field for each accounting line.

  5. GALC’s Role in eDoc Approval • Appropriate use of Object Code: YES • Availability of Funds: NO • Appropriate use of Funds: NO

  6. Note on Workflow • Changes made to a document that is in enroute status do not route back to the initiator. • Please note changes made in the Notes and Attachementssection and adhoc route to affected individuals.

  7. FMIS ARS Tax Setoff • File removed as of January 31, 2013 • Rely on other collection strategies • Collection agency • Financial responsibility

  8. FMIS Stale Dated Checks • All outstanding FMIS checks have all been cancelled • Procedures distributed on Feb. 6 to uhfo-l

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