ESTABLISHING OPERATING ACCOUNTS

1.   No expenditure of University funds may be made unless there is a currently established operating account in which the
      expenditure may be recorded.

2.   To open an account, please contact the Controller.You will be provided an account set-up sheet where you must provide

a.   the date,
b.   the account name,
c.   the administrator’s name,
d.   the administrator’s signature,
e.   the administrator’s campus address,
 f.   the title of the senior administrator,
g.   the source of funding, and
h.   the college the account is associated with.

You will also need to provide an explanation of the purpose and any restrictions of the account. Once the form is filled out the administrator will need to return it to the Controller’s Office for processing.

3.   The Business Office will not establish a new account until approval has been received from the Vice President for Business
       Affairs and Finance.Upon approval, the department will be notified of the new account number.