Resources

Policies and Guidelines

The following internal and external policies and guidelines provide guidance on the requirements and purpose of reconciliations.

• External Policy
  • UT System policy UTS142.1 requires department managers to certify annually that reconciliations were performed for each month of the fiscal year.
• Internal Policies
  • Financial Guideline: Departmental Financial Reviews, assists department managers and reconcilers with reconciliation of the MFR.
  • Financial Guideline: Monitoring Plan for Segregation of Duties and Review of Financial Activity, establishes the monitoring plan for internal controls to ensure that funds are expended and recorded appropriately within PeopleSoft.

• Departmental Financial Reviews
• Monitoring Plan for Segregation of Duties and Review of Financial Activity

Training

View the following reconciliation process training classes on the Accounting Services Training website:

• Introduction to the Chart of Accounts
  • You will get an overview of the PeopleSoft Chart of Accounts structure, terminology and concepts.
• Introduction to Monthly Reconciliation Training
  • You will learn the definition, purpose and requirements for reconciling and get an overview of the SAHARA application and reconciliation process.
• SAHARA Reconciliation Application Training
  • You will get an overview of the SAHARA application and learn how SAHARA supports the reconciliation process.
• SAHARA Annual Financial Certification
  • Job aid for department managers responsible for annual financial certification.