Sponsored Programs Foundation
Accounts Payable
Legal Manual
HSU Accounting
Accounting Vocabulary
100
a record of the financial activities of a person or business entity where all related financial information are presented in an orderly manner and can be easily understood.
What is financial statement
100

The term in PeopleSoft Accounts Payable Module for a vendor or employee who will receive a payment

What is Supplier

100
Transferring information from a journal entry to a ledger account
What is posting
100

When does the fiscal year begin and end

July 1st through June 30th

100
A decrease in owner's equity resulting from the operation of a business
What is expense
200
provides information on the change in a corporation's cash and cash equivalents during the same period of time as the income statement.
What is cash flow statement
200

Software used to check funds before vouchering an HMSPF Payment Request form

What is OBI

200

Forwarding totals and amounts recorded in special amount columns

What is journal entries that are not posted individually

200

What basis of accounting is used by the University

Modified Accrual

200
An accounting device used to analyze transactions
What is T account
300
reports a corporation's assets, liabilities, and stockholders' equity as of a point-in-time (e.g., as of midnight of December 31, 2010).
What is balance sheet
300

The three pieces of information needed when indexing a document in Nolij

What is Doc type, supplier/vendor number and business unit

300
write the date, journal page number, column total in credit amount column,new account balance in the balance credit column, and then return to journal and write the account number in parentheses
What is the steps to posting the total of a sales credit column
300

How many Auxiliary Organizations are there

Four (SPF, AS, UC and ADV)

300
A form for recording transactions in chronological order
What is journal
400
provides information that is designed to satisfy the needs of external users. Such reporting is usually done in the form of financial statements.
What is financial accounting
400

If an HMSPF Nolij document is missing information or a fund is over spent, name the folder the documents are "moved to" in Nolij

What is AA6 (Auxiliary Analyst 6)

400
Previous Balance + Credit Column Amount = New Credit Balance
What is the accounting equation for posting a credit account
400

Who prepares Campus Financial Statements

The Chancellor's Office for the entire CSU System

400
Determining that the amount of cash agrees with the accounting records
What is proving cash
500
provides information that is useful in running a company by internal users. Such reporting is usually accomplished through custom-designed reports.
What is managerial accounting
500

A/P can know the Business Unit for an invoice based on the PO number. Name one Business Unit and the corresponding "start" to the PO number.

What is 112 = HMCMP, 8 = ADV, 7 = SPF

500
Previous Balance + Debit Column Amount = New Debit Balance
What is the accounting equation for posting a debit column amount
500

What is another term for Discretely Presented Component Unit

Auxiliary Organization

500
The difference between total revenue and total expenses when total revenue is greater
What is net income
M
e
n
u