Washington State University
BUSINESS POLICIES AND PROCEDURES MANUAL

RECORDS
90.01
Revised 1-08
Procedures, Records, and Forms
335-2005

All-University Records Retention Schedules:
Accounting/Fiscal Records

PDF link

Title
Accounting/Fiscal Records

Record Series Title--Function/Purpose

Location
(*Official Copy)

Cutoff

Retention
Period

Disposition
Authority No.

Remarks

ACCOUNTS RECEIVABLE
Documentation of charges and billing process for goods and/or services rendered. May include "determination of fees" documentation, work orders or service requests--could be in the form of field orders or invoice vouchers, logs of goods/services provided, receipts, billing statements, etc.

Department* (OPR)

FY

6 yrs

GS 01016

Essential
BANK ACCOUNT REQUEST
Requests authorization to establish a commercial bank account.

Controller*

Dean

Department

FY

FY

FY

3 yrs

1 yr

2 yrs

WSU--GS 04

WSU--GS 04

WSU--GS 04

 
BANKING RECORDS
A record of University transactions with banks. Includes deposit slips, bank statements, check registers, reconciliation statements and other related documents.

Department* (OPR)

FY

6 yrs

GS 01013

 
BILLING RECEIVABLES SYSTEM (BRS)
Automated system (database) provides a record of charge transactions by non-University clients from University departments. Includes receivables, past-due and delinquent accounts, uncollected receivables, and write-offs. Departmental records include copies of invoice forms sent to clients.

University Receivables*
(Computer output microfiche)

University Receivables
(magnetic media)

Department

FY



FY


FY

6 yrs



6 yrs


2 yrs

WSU--GS 04



WSU--GS 04


WSU--GS 04

Essential







BUDGET STATEMENT
Used to communicate financial status of University accounts.

General Accounting* (OPR)
(microfiche)

Department

FY


admin purpose served

6 yrs



0

WSU--GS 04



WSU--GS 04

 
CASH ADVANCE REQUEST (WSU 1060)
Used to document a cash advance for work on grants or contracts.

Controller*

Department

FY

FY

2 yrs

2 yrs

WSU--GS 04

WSU--GS 04

 
CASH DEPOSIT REPORT (WSU 1223)
Used to deposit monies into WSU accounts.

Controller* (OPR)

Department

FY

FY

6 yrs

2 yrs

WSU--GS 04

WSU--GS 04

 
CASH REGISTER RECONCILIATION RECORDS
Provides a record of comparison and balancing of cash register receipts and adjustments with payments received. Includes daily reconciliation sheet, cash register tape, and all supporting documents.

Department*

FY

6 yrs

WSU--GS 04

 
CASHIER RECEIPTS
Documents transactions of money received by the WSU Controller. Includes Student Loan and Accounts Receipts and Accounts Receivable.

General Accounts* (OPR)

Department

FY


FY

6 yrs


2 yrs

WSU--GS 04


WSU--GS 04

Essential



COMMUNICATIONS AND NETWORK SERVICES BILLING REPORT AND USAGE REPORT
Notifies computer and telephone users of costs, allocations, and usage of each telecommunication and network service.

Information Technology* (OPR)
(magnetic media)

Department

FY




FY

6 yrs




1 yr

WSU--GS 04




WSU--GS 04

Possibly
Essential



CONTRACTS FOR PURCHASES, PURCHASED SERVICES, LEASES OR RENTALS
Agreements for the purchase of goods and services, or the lease or rental of vehicles or other equipment. Includes back-up documentation for the contract award process and contracts not entered into. Also includes pre-signed contracts.

Controller's Office* (OPR)

TOC

6 yrs

GS 01050

Essential

CREDIT CARD REFUND VOUCHER (WSU 1381)
Used to record all refunds (except internal) for purchases charged to a credit card.

Department*
or
Controller*

FY

6 yrs

WSU--GS 04

 
CREDIT CARD TRANSACTION RECORDS
Provides a record of credit card payments and refunds from non-University clients. Includes electronically-processed swipe-transfer credit card machine transaction tapes, manually-processed credit card imprint forms, and original individual sales receipts (for refund documentation).

Department*
or
Controller*

FY

6 yrs

WSU--GS 04

 
DUPLICATION SERVICE JOB FILES
Records of duplication services provided by outside vendors or by WSU copy services. Includes copy requests, production activity logs, copy machine activity logs, and related records.

Vendor Department*

FY

6 yrs

GS 15005

 
EXPENDITURE TRANSFER REQUEST (WSU 1048)
Used by budget administrator and Principal Investigator to transfer identifiable direct charges between funding sources.

Controller*

Department

FY

FY

6 yrs

2 yrs

WSU--GS 04

WSU--GS 04

 
FEDERAL EXCESS PROPERTY FILE
Provides a record of requests for federal excess property, using the temporary (for use during the course of a grant contract) or permanent transfer of federal property to WSU. Includes the Federal Excess Property Request (WSU 1303) and SF-122, Transfer Order -- Excess Personal Property.

Sponsored Projects Finance Office*




Department

item disposed of (permanent transfer)

TOC (temporary transfer)

FY

6 yrs


3 yrs


2 yrs

WSU--GS 04


WSU--GS 04


WSU--GS 04

 
GENERAL LEDGER WEEKLY AND MONTHLY DETAIL
Weekly and monthly printout lists for specific subfunds of each transaction of current month that affects the general ledger.

General Accounts*

Department

FY

FY

0 yr

2 yrs

WSU--GS 04

WSU--GS 04

 
GIFT TRANSMITTAL AND ACKNOWLEDGMENT FILES
(WSU 218, WSU1442, WSU1443, WSU1444, WSU1445, WSU1446)
Provides documentation regarding the nature of gifts and their donor(s) and accompanies gifts routed from WSU units to WSU Foundation--Gift Accounting. Transmittal forms may include monetary and noncash gift transmittal and acknowledgment forms, golf tournament and auction monetary and noncash gift transmittal forms, and courier service process documentation. Copy of gift transmittal form is submitted to Controller when an in-kind gift.

WSU Foundation--Gift Accounting* (OPR)

Department

Controller

FY


FY

FY

6 yrs


2 yrs

2 yrs

WSU--GS 04


WSU--GS 04

WSU--GS 04

 
INFORMATION TECHNOLOGY COMPUTING INVOICE
Provides a record of university server usage by user departments, including usage units, rates charged, and cost of each computing service.

Information Technology* (OPR)
(magnetic media)

Department

FY




FY

6 yrs




1 yr

WSU--GS 04




WSU--GS 04

 
INTERDEPARTMENTAL STATEMENTS
Provides a record of interdepartmental charges.

Department*

FY

2 yrs

WSU--GS 04

 
INVOICE RECEIPTS (WSU 1054)
Used to record all sales (except internal) and all collections of cash.

Cashier/Revenue* (OPR)

Department

FY

FY

6 yrs

2 yrs

WSU--GS 04

WSU--GS 04

 
JOURNAL VOUCHER
Provides a means of entering an accounting transaction into the University's accounting system. May include affidavits of lost or destroyed warrants.

Department* (OPR)
or
Controller's Office* (OPR)

FY

FY

6 yrs

6 yrs

GS 01006

GS 01006

Possibly
Essential

MERCHANDISE CREDIT MEMORANDUM
Credits a non-University customer account.

University Receivables* (OPR)

Department

Customer

FY


FY

n/a

6 yrs


2 yrs

n/a

WSU--GS 04


WSU--GS 04

WSU--GS 04

 
PAST-DUE AND DELINQUENT ACCOUNTS NOTICES
Used by vendor departments to request immediate payment of outstanding balances from non-University clients and notify debtors of additional actions which may be taken if debts are not paid.

Department*

FY

3 yrs

WSU--GS 04

 
PERSONAL SERVICE CONTRACTS
Contracts with individuals or firms for specialized services.

Controller's Office* (OPR)

TOC

6 yrs

GS 01051

Essential

PETTY CASH RECORDS DOCUMENTATION
Records activity of revolving imprest accounts used to make miscellaneous or emergency purchases.

Controller* (OPR)

Department

FY

FY

6 yrs

2 yrs

WSU--GS 04

WSU--GS 04

 
PROCEDURE NUMBER APPLICATION
Assigns computing service procedure numbers to identify customers and bill for computing services.

Information Technology*

termination of number

1 yr

WSU--GS 04

 
REQUEST FOR POSITIVE PAY REPORT (WSU 1289)
Used to request pay for hours or pieces missed on Unit Pay Report.

Payroll*

Department

FY

FY

2 yrs

2 yrs

WSU--GS 04

WSU--GS 04

 
REQUEST FOR SHIPMENT OF MERCHANDISE
Documents returned merchandise to vendors, outgoing shipments, and misdirected parcels returned to Receiving and Delivery.

Controller's Office* (OPR)

Receiving

Department

FY


FY

FY

6 yrs


3 yrs

2 yrs

WSU--GS 04


WSU--GS 04

WSU--GS 04

 
REQUEST TO SERVE FOOD AT MEETINGS AND TRAINING SESSIONS
Authorizes the use of University monies for the purchase of meals, coffee and light refreshments at meetings and formal training sessions that are official University business.

Controller*

Department

FY

FY

2 yrs

1 yr

WSU--GS 04

WSU--GS 04

 
REQUESTS AND APPROVALS FOR WRITE-OFF OF UNCOLLECTIBLE ACCOUNTS
Provides a record of requests by vendor departments for approval to write off uncollectible accounts and signature approvals from appropriate appointing authorities for the write-offs.

University Receivables*

Department


FY

payment received or write-off

6 yrs

0

WSU--GS 04

WSU--GS 04

 
RISK ASSESSMENT CHECKLISTS
Provides a record of identification, review, and management of risks that potentially affect University assets and resources. This documentation includes checklists from areas and supporting spreadsheets and/or calculations.

Business Services--General Accounting*

FY

3 yrs

WSU--GS 04

 
RISK ASSESSMENT DOCUMENTATION
Provides a record of identification, review, and management of risks that potentially affect area assets and resources. This documentation includes checklists from departments and supporting spreadsheets, calculations, and/or documentation. These records provide the data for the checklists submitted to Business Services--General Accounting.

Area Administrator*

FY

3 yrs

WSU--GS 04

 
SERVICE CENTER APPLICATION (WSU 1272)
Used to request approval to charge for goods, services and/or use of equipment.

Controller*

Department

FY

FY

2 yrs

2 yrs

WSU--GS 04

WSU--GS 04

 
SOFTWARE INVENTORY AND REGISTRATION FILE
Provides a record of computer software programs with version, manufacturer, and purchase order information updated as needed, and software license registration cards for proof of purchase.

Department*

software disposed of

0

WSU--GS 04

 
SPECIAL COURSE FEE REQUEST (WSU 1224)
Used to request establishment of special course fees to pay for goods and services not provided by state appropriated funds or general student fees.

University Receivables*

Department

fee termination

fee termination

2 yrs

2 yrs

WSU--GS 04

WSU--GS 04

 
SUBCODE ACTIVITY AND BALANCE DETAIL
Provides a record of accumulative receivables balances for the fiscal year. Reports are run from the Billing Receivables System (BRS) database and sent monthly to each vendor department as requested by the department.

Department*

US

0

WSU--GS 04

 
UNCOLLECTED ACCOUNTS
Provides a record of accounts over 90 days past due and at least $50, which are sent to the University Receivables Collection Desk for action.

Collection Desk (University Receivables)* (OPR)

Department

payment received or write-off

payment received or write-off

3 yrs


0

WSU--GS 04


WSU--GS 04

 
WASHINGTON STATE UNIVERSITY INVOICE
Records charge sales to non-University customers.

University Receivables* (OPR)

Department

Customer

FY


FY

n/a

6 yrs


2 yrs

n/a

WSU--GS 04


WSU--GS 04

WSU--GS 04