To describe the process in which the AUI reclassifies expenditures in order to ensure that expenditures are charged to appropriate business unit account number or object code.
- On a monthly basis the AUI/NRAO Chief Accountant and AUI Controller review the General Ledger to ensure that costs have been recorded and classified properly.
- If noted through email or other documentation a miscode was found in the general ledger a journal entry is created by AUI/NRAO Chief Accountant and entered into the JD Edwards Accounting system to reclassify the amount to the appropriate account code. AUI/NRAO Chief Accountant
- The updated General Ledger is given to the AUI Controller for review and approval.