Banking Reconciliation Group

Photo by rawpixel.com on Unsplash

Banking Reconciliation Group

The Banking Reconciliation Group within the Controller’s Office is responsible for reconciling the University’s bank account deposit and payment transactions to its Workday revenue and accounting transactions involving cash.  This group has multiple, ongoing responsibilities in carrying out their cash reconciliation responsibilities including the following:

  • Assisting department and colleges through education to assist them in understanding how to post their deposit/revenue transactions in a timely and accurate manner within Workday and how their transactions impact the reconciliation process.
  • Working with the Modernization team to develop, streamline and automate reconciliation processes for ongoing Workday transactions directly posted into Workday or being posted through various integrations such as MyWSU and Touchnet/Heartland.
  • Assisting the Treasury Office in performing administrative duties (maintaining user access, fielding questions) for University’s bank accounts.
  • Maintaining daily and monthly files and documentation related to bank account reconciliations.
  • Reporting and remitting annual Accounts Payable unclaimed property to the State of Washington.