The accounting system of the College requires the use of journal entries. Journal entries shall be made in accordance with College procedures.
The accounting system of the College requires the use of journal entries. Most journal entries are computer generated and occur with each transaction, such as payments to vendors, receipt of revenues, fixed asset additions, depreciation expense, etc.
Some journal entries are made manually. All manual journal entries shall be made by the Associate President of Finance or an individual authorized by the Associate Vice President of Finance, or the Vice President for Administrative Services.
Adopted July 19, 1989
Revised May 25, 2000
Reformatted April 19, 2010
Revised June 13, 2013
Revised August 10, 2017
Reformatted December 10, 2020