Cash Management Services

Maintenance of Cash Position

  • Analyzing daily banking activity to maximize interest earnings
  • Monitoring appropriated funds to insure accurate and timely posting

Implementation and Maintenance of New Legislation

  • Working with technical staff to comply with legislative requirements
  • Communicating new procedural changes to The University community

Management of Operations

  • Credit cards
  • Petty cash
  • Lockbox
  • System profiles
  • Appropriations


  • Daily administration of banking activity
  • Management of ACH and wire transfer activity
  • Administration of petty cash accounts
  • Credit card operations (incl. equipment setup, personnel training, reconciliation)
  • Lockbox activity
  • Short-term investments
  • Interest allocation
  • Account reconciliations
  • Relationship management with banks, investment firms and credit card companies

State Appropriations

  • Implementation of Uniform Statewide Accounting System (USAS)
    (includes working closely with other State agencies, UT components, higher education institutions, and UT Austin personnel)
  • Vendor payments (including warrant processing, research, correspondence)
  • Cash reconciliations
  • State Treasury deposits
  • Facilitate reimbursement from Treasury for state expenditures paid from local cash in bank
  • Maintenance of funds considered unclaimed property
  • Process legislated accounting entries on behalf of all UT components
  • Keep abreast of State Appropriations Bill and other regulatory media affecting higher education (including implementation of changes for reporting, voucher processing, and audit purposes)