The following journal entry types are processed by Financial Records Services and are posted to the General Ledger on a monthly basis.
Form submission deadline is the first working day of each month at 5:00 p.m.
Non-Salary Cost Transfer (NSCT) is a journal entry to correct a transaction that has been posted to an incorrect account and/or subcode. The original transaction MUST NOT be in a compensation subcode (5000 through 59991).
Interdepartmental Charge (IDC) is a journal entry used by approved cost centers and other operational units to charge (debit) expenses to other University departments for goods and services rendered and to record (credit) authorized interdepartmental cost recovery subcodes. IDC's are processed by each department.
Direct Deposit (DD) is a journal entry used by departments who utilize a direct deposit service to record the receipt of cash, credit card, or lockbox to the appropriate University bank account and to credit revenue (or expense if a refund) in their departmental account(s). These journal entries must be submitted to General Accounting (3700 CL) for approval.
Journal Entry (JE) is used by Budget & Controller areas and by certain authorized departments to record all other regular manual journal entries not included above.