Office of Accounting

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

Wire Transfers & Foreign Drafts**

Contact Cash Management

* Note: PDFs are best viewed with Adobe Acrobat Reader 6.0 or later. Earlier versions may result in incomplete rendering of information. A free update of Adobe Acrobat Reader may be obtained from Adobe.

** Note: This document requires that you be able to view PowerPoint documents. A free PowerPoint viewer may be obtained from Microsoft.