Survival Guide
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 FINANCE
Accounts Payable
Baseline Standards and
  Cash Handling

Budget Journals
Business Continuity Planning
Credit Card Services
Getting Started
Gifts/Endowments
GL Journal Entries
Grant Reports
Misc. Responsibilities
Property Management
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Reports
Requests/Work Orders
Tax Information
Understand Cost Centers

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 HUMAN RESOURCES
Benefits
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Ethical Conduct of
Employees

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 PAYROLL
Direct Deposit
Direct Deposit and P.A.S.S
Hard Check Distribution
Payroll Deductions
Payroll Encumbrances
Payroll Reconciliation
Run Trial/Final Payroll
Suspense/Reallocations
Time and Effort
University Pay Glossary
University Pay Statement
Verification Report
W4s and P.A.S.S.
Payroll Forms



Budget Journals

Check Budge Balance Available
Budget Account/Actual Account Cross Reference
Sample Budget - Budgeting Fund Equity
Sample Budget - Funding New Recurring Position (mid-fiscal year)
Sample Budget - Funding New One-Time Position
Sample Budget - Transferring Budget From M&O to Capital
Process for Transferring Budget to a Plant Operations Project
How to Correct Budget Journals
Using the Worklist to Review Budget Journals
Budget Checking Process & Errors
Document Imaging for Budget Journals
 

Budget Checking Process & Errors

No Budget Exists
What this means: No budget exists in the cost center in the appropriate budget node. This type of error cannot be overridden.
What to do: Communicate to the department what the error means.

Often times the department may have budget in the cost center but not in the correct node. (i.e. B5009 M&O has budget; B5008 CAPITAL does not)

Often times the department may have fund equity in the cost center but it is not budgeted to spend.

In either case, the department can process a budget journal to move budget to the correct node or budget fund equity or the department can opt to change the funding source.

Exceeds Budget
What this means: Not enough budget exists in the cost center in the appropriate budget node. This type of error cannot be overridden.
What to do: Communicate to the department what the error means. (See above options)

Project/Grant Errors
In addition to the errors listed above, Project/Grant cost centers can have other budget checking roadblocks such as budget status beginning and end dates.

What to do: Regardless of the type of error, the department will have to resolve the issue through the Research Office.