Kentucky State University Business Policies and Procedures Manual
Recommended structure:
010 – Education & General
020 – Research
030 – Public Service
040 – Auxiliary Enterprises
050 – Allocated Support
011 - Instruction
012 – Academic Support
013 – Student Services
014-Scholarships
041 – Residence Halls
042 – Dining Services
043 – Other Auxiliaries
051 – Institutional Support
052 – Operations and Maintenance of Plant
053 – Depreciation and Amortization
054-Interest
Procedures
Responsible position(s):
Controller
Required documents and access:
Banner finance, system maintenance class
Frequency and timing:
As needed for new reporting requirements
Annual review and maintenance
Steps:
Set up an initial chart of accounts in accordance with defined structure to support required reporting needs including:
GAAP/GASB financial statements
IRS Form 990 tax filing
IPEDS reporting
NCAA/EADA financial reporting
Kentucky CPE FD reporting
Financial management reports
Other required reporting as identified