Cash Management Services
Maintenance of Cash Position
Analyzing daily banking activity to maximize interest earnings
Monitoring appropriated funds to insure accurate and timely posting
Implementation and Maintenance of New Legislation
Working with technical staff to comply with legislative requirements
Communicating new procedural changes to The University community
Management of Operations
- Credit cards
- Petty cash
- Lockbox
- System profiles
- Appropriations
Banking
- Daily administration of banking activity
- Management of ACH and wire transfer activity
- Administration of petty cash accounts
- Credit card operations (incl. equipment setup, personnel
training, reconciliation)
- Lockbox activity
- Short-term investments
- Interest allocation
- Account reconciliations
- Relationship management with banks, investment firms
and credit card companies
State Appropriations
- Implementation of Uniform Statewide Accounting System (USAS)
(includes working closely with other State agencies, UT components,
higher education institutions, and UT Austin personnel)
- Vendor payments (including warrant processing, research, correspondence)
- Cash reconciliations
- State Treasury deposits
- Facilitate reimbursement from Treasury for state expenditures paid
from local cash in bank
- Maintenance of funds considered unclaimed property
- Process legislated accounting entries on behalf of all UT components
- Keep abreast of State Appropriations Bill and other regulatory media
affecting higher education (including implementation of changes for
reporting, voucher processing, and audit purposes).
Forms
Training
Frequently Asked Questions
Contact Cash Management
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