Finance News

Jun 26, 2025

The Finance Division Knowledge Base Has a New Home

Searching for finance-related information just got a whole lot easier! What was once the Finance Division Knowledge Base has evolved into the Finance Division Service Portal, and it’s officially moved into the university’s family of service portals. This exciting move was driven by the Finance Division’s commitment to our campus partners. Our goal was simple:…

Jun 24, 2025

Supporting Incoming Students

Written by Zeryn Macklin. Every summer, the University Cashier’s Office (UCO) plays an active role in welcoming incoming students and their families through NC State’s Orientation program. As we gear up to welcoming the newest members of the Wolfpack, it’s a great opportunity to highlight how we support financial preparedness for the fall semester.  Money…

Jun 24, 2025

OMAR as a Reconciliation Tool

Written by Stefanie Keto, Assistant Director Post Award (CNR). Recent discussions about the importance of account reconciliation within the realm of contracts and grants highlight the Online Monthly Activity Reconciliation (OMAR) tool. As an avid user of OMAR for over a decade, I can attest that this tool offers transparency and efficiency to the reconciliation process. I know…

Jun 24, 2025

Streamlined Travel Advances

Written by Ruthie Fairbanks. NC State has transitioned to a fully digital travel advance process through the Travel Center, making it more transparent, efficient and user-friendly. Travel advance requests and reconciliations are now handled entirely within the Travel Center, eliminating separate forms and simplifying administrative steps. Travel advances will be charged to the project listed…

Jun 24, 2025

Year-End Foundation and Endowment Fund Project Balances

Written by Erin Delehanty. Did you know that Balances in Foundation (Ledger 6) and the Endowment Fund (subset of Ledger 7) projects roll forward annually? The process of rolling these balances forward at fiscal year end is different from other fund sources at the university.  The beginning balance roll forward is a manual process completed with…

Jun 24, 2025

A Customer Service Focus

Written by Bill Carlson. The Material Support Warehouse plays a crucial role in ensuring the smooth operation of university activities. From handling surplus property to freight logistics and campus storage, it’s a bustling hub of activity. And now, there’s a new addition that makes accessing these services easier than ever—the Warehouse Services and Surplus Customer…

Jun 24, 2025

Announcing the New Accounts Receivable Manual

Written by Maria Fister. The new Accounts Receivable Manual has been developed to provide guidance for non-student accounts and non-contracts and grants receivables. This comprehensive resource covers the invoicing, collection and reporting for accounts receivables within the Financial System Accounts Receivable (FSAR) module, as well as billing outside of the module. In pre-approved cases, divisions…

Jun 24, 2025

July 2025: What’s New in the Knowledge Base?

In the Finance Division Knowledge Base, you can find instant answers to your most frequently asked finance and business questions. This month, we published the following articles based on your recently searched topics:

Jun 24, 2025

July 2025: Announcements, Reminders and Tips

New Digital Travel Advance Process The University Controller’s Office has moved the travel advance process to a fully digital experience through the Travel Center, making it more transparent, efficient and user-friendly. Requests and reconciliations are now handled directly in the system, eliminating separate forms and simplifying steps.  Advances are charged to the project listed on…

Jun 24, 2025

July ’25 Events

Take a look at the following events and important due dates for the month of July: