Accounting Operations

Accounting Operations is responsible for the following functions:

  • Maintaining BEN Assets, the University's property managment system which tracks capital assets purchased by University departments
  • Directing the two-year cycle moveable equipment inventory process
  • Reconciling BEN Assets to BEN Financials on a monthly basis
  • Reconciling the University's various operating cash accounts on a monthly basis
  • Accounting for transactions between the University, related entities and affiliates
  • Commonwealth of PA appropriations reporting
  • Reviewing the University's Financial Policy Manual annually for necessary updates