General Accounting

The General Accounting section of the Office of the Comptroller is a service support unit that offers assistance to the community and ensures compliance with established policies and procedures.

The section performs the following main functions:

Provides overall budget control for unrestricted funds to ensure that expenses are within policies and guidelines established by the University alerting management of the possibilities of over-expenses so that remedial actions may be taken

Ensures proper and timely reconciliation of bank accounts

Ensures proper and timely posting of the stores supply system to the ledger, and coordinates with Internal Audit department for the disposal of expired store items.

Reviews travel and other advances accounts to ensure that outstanding balances are closed

Processes custom and clearing invoices

Prepares  and develops financial reports and statements

Monitors the monthly closing process among all sections to ensure that all transactions are posted

Maintains the chart of unrestricted accounts and cost centers

Assists departments in understanding and handling their financial issues

Kindly check the following important sub-pages:

• Petty Cash Processing

• Travel

You can also download a list of the frequently used accounts in here