Intra-University Charges and Credits
Accounting and Financial Reporting
View Official Policy: Intra-University Charges and Credits
When University departments buy and sell goods or services from other University departments, the transaction is recorded and processed on a journal in the UGA Financial Management System. The revenue (credit) side of the entry should also; use account code 471100 for all funds; this account code is specific to intra-university transactions. The account code for the expense (debit) side of the entry should properly classify the type of goods or services being purchased.
Responsibilities
Responsible University Senior Administrator: Vice President for Finance & Administration
Responsible University Administrator: Associate Vice President for Finance Division
Policy Owner: Accounting
Policy Contact: Terri Akers
Phone Number: 706-542-6868
Date Issued: 07/01/2018
Last Reviewed/Updated: