PURPOSE

University Fiscal Policy FI0305 – Accounts Receivable outlines in detail the policies and guidelines governing accounts receivable and should be utilized as the official reference in all matters regarding accounts receivable, except for the notations below which are specific to the Health Science Center.

Throughout the fiscal policy references are made concerning the Treasurer’s Office or the Controller’s Office. At the Health Science Center (HSC), the Executive Vice Chancellor (or Designee) has overall administrative responsibility for accounts receivable matters and should be contacted unless otherwise noted.

MISCELLANOUS PROCEDURES

• The HSC Finance Office will notify departments with accounts receivable regarding fiscal year- end reporting.
• At the HSC, a service charge of no more than $30 is assessed for returned checks.
• All HSC medical services account receivable write-offs are subject to this policy.