Tips and FAQ's

Tip Sheets(pdf):

• Cash Handling - Revenues, Reconciliations, and Inventory)
• How to Issue a Check
• How to Request/Reconcile a Cash Advance
• How to Balance an Account
• How to Purchase Items (On-Campus and Travel Card)
• How to Transfer Funds (Between and Within Organizations)
• How to Pay for a Contract

FAQ's

• What type of account do I have?
• How do I create a subaccount?
• How do I prepare receipts?
• Who can conduct a raffle?
• My organization awards scholarships. What kind of back up do we need to award scholarships?
• Why is there a one-day turn around for checks?
• Why does money have to be deposited within 24 hours?
• Why can’t we have an off campus bank account?
• Can my organization become non-profit; how do we do this?
• Can I be reimbursed if my advisor writes a letter saying I spent the money for one of our organizational projects?
• Why is it necessary to know your SOFC account number?
• Where may I find my organization’s Federal ID number?
• When should an officer or advisor sign Request Forms?
• How does FAMIS record income and expenses?
• How do you obtain Signatures from Student Activities Staff?
• What happens to Cash Advances that are not reconciled?
• Are scratch-outs permitted on Forms?
• Are scholarships taxable?
• What happens if the invoice exceeds the estimate on the On Campus Approval to Charge Form?