Comptroller's Office  Policies and Procedures Manual
Effective: 01/01/2000	Revised: 01/11/2007

CMP 210: Business Manager Responsibilities

To describe business manager responsibilities for reviewing financial reports

University policy

Business managers and others performing business manager functions

Monthly Budget Reports

Business managers must review the monthly reports for their areas, including lower-level operating units. The monthly reviews typically should be done within 30 days of the report preparation date (in the upper left-hand corner of the report). Business managers should:

1. use the procedures provided below in their review of the monthly reports

   or

2. develop their own written procedures for identifying significant financial variations

In addition to reviewing the monthly reports, business managers must also fulfill any Unit Manager responsibilities assigned to them, e.g., reviewing the monthly reports for Dept/Units of their direct supervisor.

Upon request, the Comptroller's Office provides assistance to business managers on the accounting data reflected on the monthly reports and on accounting techniques useful to business managers.

Payroll Verification

Business Managers should also verify payroll data prior to each pay day using the Payroll Register report. The Payroll Register report is available on Business Objects;  a Jan account and password are required. The reports are available the Wednesday of each payroll week prior to the actual payday.  The reports should be checked for the following:

Pay amount

Correct Department (Dept/Unit)

Employee status: 

        Is this individual still employed by the University? 

        Has the employee transferred to another NAU department?

        Is the payee a temporary employee who is no longer being utilized?

        Is the payee a part-time (adjunct) faculty who is no longer teaching?