General Accounting ensures the accuracy of the University's financial statements, maintains accurate accounting records and is responsible for the following:
- Reconciling all University bank accounts
- Ensuring that information contained in the University's Banner system matches information communicated to the Commonwealth's accounting system
- Reconciling all General Ledger accounts and University investments
- Grant Accounting
- Cost and Fixed Asset accounting
- Preparation of financial reports
- Daily cash management
- Month-end and year-end closing
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ODU's Fixed Assets Accounting manage equipment and capital assets. Use our forms and procedures for physical inventory and capital equipment tracking.
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The office of General Accounting primarily deals with monitoring, reviewing, accounting, reporting and compliance of post-award activity.
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