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HEKTOEN ACCOUNTING DEPARTMENT. Providing Financial Services and Support. Accountants aren't boring people. They just get excited over boring things. There are just three types of accountants: those who can count and those who can't. Hektoen Accounting Department.
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HEKTOEN ACCOUNTING DEPARTMENT Providing Financial Services and Support
Accountants aren't boring people. They just get excited over boring things.
There are just three types of accountants: those who can count and those who can't.
Accounting Functions: • General Ledger Functions: • Aretha Tatum (Accounting Manager) • General Ledger Accounting Inquiries • Month End Adjusting and Closing Entries • Salary Reallocation & Payroll Adjustments • Internal Cost & Revenue Transfers Between Funds • Historically – Produced GL Reports & Trial Balances • Presently – HECTOR Online Reporting • Cost Reimbursement Preparation for all Federal Grants • Quarterly 272 Reports • Annual Financial Status Reports – (FSR 269) • Advance Clearing & Daily Cash Deposits • Sandra Coronado (Staff Accountant) • Cash Receipts Entries (Inquiries) • Accounts Receivable Journal Entries • Indirect Cost Allocations • Maintain Payroll Advances & Cash Advance Clearing Accounts
Accounting Functions: • Accounts Payable Functions: • Alicia Jones (Accounts Payable Manager) • Process All Check Requests and Vendor Invoices • Produce 1099 Year End Tax Forms • Stop Payments, Void, and Cancelled Check Inquiries • Maintain Grant Files For All A/P Submitted Documentation • Lavenia Bell (Accounts Payable Specialist) • Purchase Orders • Vendor Invoices & Check Requests • Establish New Vendor Files • Process Vendor Credit Applications • Answer Inquiries Related to Purchase Order Requisitions
Accounting Functions: Reporting & Billing Functions: Renee Brown (Accounting Reporting & Billing Manager) Responsible for Processing All Billings & Financial Reporting (Except: City of Chicago Grants & Direct Federal Funded Grants) Nicole DeJoris (Temporary Assistant)
Types of Accounting Reports • Expanded General Ledger Detail • Year To Date Trial Balance (Summary) • Budget To Actual Report (Hector Online Reporting)
Policies & Procedures Cash/Check Advance Policy Purchase Order Policy Check Request Policy Cost/Revenue Transfer Policy
Summary • Structure of the Accounting Department • Staff Responsibilities • Policies & Procedures • Contact Information
Hektoen Accounting Department • Financial Information • Financial Service and Support • Serving the Medical & Research Community