Bank Reconciliation Update

July 20, 2020

Thank you to all offices that helped with this short turn-around time for getting June 30th external checking account balances to the treasurer’s office- we made our deadline. Now the process is to check that deposits show on eReports for reducing the checking balances and that our offices are keeping well under the $20K annual balance. In January, we expect to begin a monthly reporting process that will keep an accurate balance of our accounts on the University’s general ledger in WorkDay. More information on this process will be shared this fall.