The Uniform Revenue Accounting System (URAS), established and monitored by the University Controller's Office, provides the basis for our campus financial accounting. Distribution reports and transfers of all revenue collected are prepared and transmitted to SUNY System Administration biweekly.
Quarterly reporting requirements to System Administration include the submission of a Trial Balance and reconciliations of revenue collections and accounts receivable for the period. Monthly reconciliation of URAS financial data is prepared to ensure accurate quarterly reporting. A reconciliation of Fredonia's State bank accounts is prepared on a monthly basis.