An account receivable (A/R) exists when a person,
company, or organization owes money directly to your department. They
may owe your department for services provided, goods, fines, fees,
property damage, or for many other reasons. This right to receive payment
must be timely reflected in the accounting system. Therefore, if your
department has accounts receivable, it must report them to the Office
of the Comptroller.
Reporting requirements and a reporting template are available by clicking
below:
Also, a department with receivables must make efforts to collect the
amounts due and must comply with University policies regarding the
placing of registration holds, the processing of delinquent accounts,
and the writing-off of uncollectible accounts. Policies and procedures
related to these topics can be obtained by clicking below:
If you have any questions, or if you need assistance with these policies
and procedures, please contact Laura G. Silva in the Office of the
Comptroller at lgsilva@utpa.edu.
