Office of Financial Management Services


Office of Financial Management Services Auxiliary Accounting

Auxiliary Standard Operating Procedures
pertaining to Auxiliary and Service Units

1.0	Definition of Auxiliary & Service Center Accounts
2.0	Definition of a Reporting Auxiliary & Service Center
3.0	Accruing vs. Adjusting Entries--Auxiliary Voucher Use
4.0	Cash in Transit
5.0	Non-student Accounts Receivable
6.0	Allowance for Doubtful Accounts and Write-offs for Non-Student Accounts Receivable
7.0	Annual Reporting Requirements for Non-reporting Auxiliary Units
8.0	Accounts Payable
9.0	Automated Payroll Accruals
10.0	Inventory
11.0	Prior Year Balance Sheet Adjustments (4999)
12.0	Assessment of Interest Charges
13.0	Monthly Budgeting
14.0	Auxiliary Voucher Timeliness
15.0	Balanced Scorecard Data Collection and Reporting
16.0	Year End Closing Process
17.0	Quarterly Variance Analysis
18.0	Deferred Revenue
19.0	Deferral or Prepayment of Bursar (SIS) Student Charges
20.0	Prepaid Expenses
21.0	Recording Transactions between University Accounts
23.0	Internal Controls
33.0	Accrued Interest Expense on Long-term Debt
35.0	Closing an Indiana University Account
44.0	Balance Sheet Backup for Year-End
47.0	Bursar Accounts Receivable Small Balance Write-off