The department of Current Unrestricted Funds is responsible for the enforcement of University policies and procedures to maintain accountability and control over all Unrestricted Funds of the University. Current Unrestricted Funds maintains accounting control over Designated Funds, Regular Auxiliary Funds (i.e. Housing, Dining) and Miscellaneous Auxiliary Funds (i.e. Student Centers, Recreation Centers). The department is also responsible for the portion of the University financial statements, schedules and analyses that pertain to Current Unrestricted Funds.

Other Departmental Information and Responsibilities

• Current Unrestricted Funds Account Types (more)
• Monthly reconciliation of all University bank accounts
• Other bank-related responsibilities (i.e. -WOLP, merchant accounts, credit card chargeback notifications, discount fee allocations, receipt of electronic funds, cancelled checks) (more)
• Distribution of college fee revenues (more)
• Distribution of Summer and Winter Session surplus (more)
• Recording of Academic Support Fees (more)
• Maintenance of the University Chart of Accounts, Budget Responsibility and established Organization Codes in the University's financial accounting system
• Maintenance of Rutgers' Online Financial Information System (OFIS) (more)
• Petty Cash Funds (more)
• Travel Advances (more)
• Foreign Drafts (more)
• General University non-student accounts receivable (more)
• Cash management of Federal Appropriations for Smith-Lever and Hatch programs (more)
• Opening New Designated and Auxiliary Accounts (more)
• Reconciliation of University Travel Direct Billing Option (more)
• Inventory observations and valuations (more)
• Account Number Transition Project http://univcontroller.rutgers.edu/accounttransition/