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Standard Accounting Resource Manual

  • Home
  • Part I: UNM Finance - a Framework 
    • Introduction
    • Instructions
    • Basic Concepts
      • 1-A. What is Banner?
      • 1-B. The Reasons for Financial Management
      • 1-C. Tools for Managing Funds
      • 1-D. Financial Services
      • 1-E. Banner Concepts and Definitions
    • Reporting
      • 2-A. What is MyReports?
      • 2-B. What is ePrint?
      • 2-C. Banner System Queries
      • 2-D. Shadow System Reports
  • Part II: UNM Accounting Basics 
    • Revenue
    • Expense
    • Purchasing Cards
    • Purchase Requisitions/Purchase Orders
    • Petty Cash
    • Banner Security and Access
    • Core Office Duties
    • Departmental Duties
    • The Budget Process
      • Requirements
      • In General
      • Original Budget
      • Revised Budget
      • Report of Actuals
    • Safety in Numbers
      • Introduction
      • Validation
      • Accuracy
      • Completeness
      • Maintenance
      • Physical Security
    • Purchasing and AP-Policies and Procedures
      • Purchasing and Accounts Payable Overview
      • The State Purchasing Act
      • Payment Documents
      • Purchase Requisition-"PR"
      • Purchase Orders
      • Purchase Order Modifications/Change Order Requests
      • Authorizing Vendor Payments
      • Prepayment
      • UNM Tax Status
      • Allowable & Unallowable Expenditures
      • Laws and Regulations Impacting UNM Purchasing
      • University Central Accounting Offices
      • On-Campus Providers
      • Request for Direct Payment
      • Purchasing Card
  • Part III: UNM Finance: Practical Applications 
    • Introduction
    • Lobo Web Self Service
    • Internet Native Banner
      • Internet Native Banner (INB)
      • Key Forms and What They Do
    • Journal Entry - General Information
      • Journal Entry: Introduction
      • Lobo Web
      • Internet Native Banner (INB)
      • Correcting Index-Account Posting Errors
      • Create the JV on a JV form
      • Document Need for JV
      • Selecting Journal Type
    • Journal Entry - Revenue
      • Allocations
      • Allocation Entry
      • Transfers
      • Transfer Entry
      • Summary of Transfer vs Allocation Process
      • 1900 - Reserves
      • 1901 Budgeted Use of Reserves
      • 1903 Change in Reserves Entry
      • Reserves Entry
      • 8045 Interdepartmental Support
      • 8045 Interdepartmental Support Entry
      • Budget Entries
      • Related Budget Entries Reminders
    • Banner Expense Account Codes
      • Clarifying Those Codes
      • Basic Account Structure
      • Operating Ledger Account Categories
    • Classifying Expenses - Guiding Principles
      • Is the Expense Allowable? Introduction
      • Reasonable Person Standard
      • Reasonable Expenses - Guidelines
      • Supply or Service
      • Is the Expense Excludable?
      • Foreign Students, Visitors, and Vendors (taxation related)
      • Relocation (Moving) Expense
      • Travel or Food Expense
      • Computer (or related) Expense
      • Furniture, Fixture, and Equipment Purchases
      • Gifts and Awards
    • Prior Year Transactions
    • Terminating an Index
    • Reports
      • MyReports
      • EPrint Reports
      • Extracting Data
    • Salary Expenditures
      • Labor Distribution
      • Creating an EPAF in Lobo Web
      • Labor Redistributions in LoboWeb Self Service
      • Labor Redistributions in Banner (PHAREDS)
      • How Labor Redistributions are Approved
    • Procurement
      • Introduction to Procurement
      • LoboMart Purchase Requisitions
      • LoboMart - Placing an Order with the P-Card
      • Purchasing Cards (PCards)
      • Direct Payment Invoices
      • Viewing Documents
    • Contract and Grant File Set Up
      • Contract and Grant Learning Objectives
      • About Contracts and Grants
      • Department Responsibilities
      • Pre Award Documents
      • Post Award Documents
      • Closeout Process
      • Reporting
      • Appendix 1A-FRRGLDS - Contract and Grant Ledger Transaction Detail Report
      • Appendix 1B - FRRGLDS Contract and Grant Ledger Summary Report
      • Appendix 1C-Contract and Grant Ledger Executive Summary Report
      • Appendix 1D-FORFAPI - F&A Generated by PI Report
      • Appendix 1E-FRGGR90 Closeout Workflow for Funds Ending on C&G Report
      • Appendix 1F-FNRSLBE Salary Labor Benefits and Encumbrance Report
      • Appendix 1G-FNRLDST Labor Distribution Report
      • Appendix 2-Department Closeout Checklist
      • Appendix 4A-Main Campus Closeout Reconciliation Sheet
      • Appendix 4B-HSC Campus Closeout Reconciliation Sheet
    • Contract and Grant Banner Forms
      • Banner Research Accounting Module
      • Deferred Grant Process
      • Banner Contract and Grant Accounting Forms
      • FRIPSTG
      • FRIORGH
      • FRAGRNT
      • FGITBAL
      • FRIGITD
      • FRIGTRD
      • FTIFATA
      • FRIBILL
    • Contract and Grant Effort Certification
    • Index Reconciliation
      • What Does Reconciliation Mean?
      • Definitions and Explanations
      • Document Organization
      • What do you need to know to Reconcile an Index?
      • How do you Reconcile an Index?
      • Associated Reporting
      • Finding and Resolving Payroll Discrepancies
      • Accessing Payroll Information in MyReports
      • Resolving Payroll Discrepancies
      • Finding and Resolving Other Expense Discrepancies
      • Source Documents
    • NSF Checking
      • Who and What are affected by NSF Reject
      • How Does Banner Calculate NSF?
      • Transactions subject to NSF checking
      • Transactions NOT subject to NSF checking
      • Account codes do not affect NSF
      • How to tell you are in NSF status
      • Tools to assist you in checking for NSF
      • How to avoid NSF Situations
    • Budget Tips
      • Budget Tips
      • Reports That Help with Budget & NSF
    • Forms and Documents
    • Inventory
      • Inventory
      • Inventory Control and Reporting
      • University Equipment Inventory
      • Physical Inventories
      • Adjustments to Inventory
      • Inventory Control and Maintenance Best Practices
      • Banner Inventory Form
      • Common Issues and Errors to Avoid
    • Business Purpose
      • Business Purpose
      • Staff Responsibility for Business Purpose Clarity
      • Requisitions
      • Requisition Examples
      • Chrome River
      • Chrome River Examples
      • Petty Cash Reimbursements
      • Petty Cash Examples
      • Correcting Entries
      • Journal Voucher Examples
      • Labor Redistributions
      • Labor Redistribution Examples
      • In Summary
  • UNM
  • Home
  • Part II: UNM Accounting Basics
  • The Budget Process
  • Revised Budget

Revised Budget

Modifications to the Original Budget are submitted to the HED on May 1st for the current fiscal year. Mid-year reviews and projections are accumulated by the Budget Office. Budget Adjustment Requests are presented to the Regents after approval and then sent to the HED.

Part II: UNM Accounting Basics

  • Revenue
  • Expense
  • Purchasing Cards
  • Purchase Requisitions/Purchase Orders
  • Petty Cash
  • Banner Security and Access
  • Core Office Duties
  • Departmental Duties
  • The Budget Process
    • Requirements
    • In General
    • Original Budget
    • Revised Budget
    • Report of Actuals
  • Safety in Numbers
    • Introduction
    • Validation
    • Accuracy
    • Completeness
    • Maintenance
    • Physical Security
  • Purchasing and AP-Policies and Procedures
    • Purchasing and Accounts Payable Overview
    • The State Purchasing Act
    • Payment Documents
    • Purchase Requisition-"PR"
    • Purchase Orders
    • Purchase Order Modifications/Change Order Requests
    • Authorizing Vendor Payments
    • Prepayment
    • UNM Tax Status
    • Allowable & Unallowable Expenditures
    • Laws and Regulations Impacting UNM Purchasing
    • University Central Accounting Offices
    • On-Campus Providers
    • Request for Direct Payment
    • Purchasing Card

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