Rutgers logo
University Finance and Administration
  • Home
  • Financial Services

Recording cash payments with calculator and laptop

Accounting

What We Do

University Accounting provides accounting services for the Rutgers community, prepares external financial reports, and helps units understand the financial accounting system. We also oversee the Chart of Accounts and manage the year-end closing.

 

Facts and Figures

1,400
Total Vehicles in Fleet

250 state registrations and manufacturing recalls

$41.5M
Value of New Equipment

350 pieces of equipment

300
People Trained Virtually

in 12+ courses

Financial Transactions

Learn how to take various financial actions that might be relevant to you in your business with the university, such as credit card chargebacks, wire transfers/electronic fund transfers (EFTs), requesting petty cash, recording cash transactions via cash journal templates, and the merchant request process.

Multiple credit cards

Non-Sponsored Projects

The department of Restricted and Endowment Funds manages restricted/endowment projects, or funds provided to Rutgers that are restricted for a particular use by an outside party (and in some cases, by Rutgers). The department of Unrestricted Operations oversees unrestricted internally designated projects including faculty funds and internally designated general funds that are not subject to these restrictions. The Internal/External Reporting department manages restricted Federal and State Student Aid projects, and the department of Plant Funds manages capital projects.

Exterior of Livingston apartments

Plant Funds & Property Management

Information on maintaining fiscal, accounting, and reporting control over funds used for Rutgers facilities, construction projects, capital equipment, and other moveable assets. 

Ambulance outside the Child Health Institute in New Brunswick

Financial Information Systems

Financial Information Systems supports financial system literacy across the university. The work we do ensures that the Rutgers community understands the functional requirements of financial systems modules used across Rutgers’ three campuses such as General Ledger, Accounts Receivable/Payable, and Inventory.

Graphs displayed on computer