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Accounting & Finance

Resources

We provide accounting and financial services to the ASUC/GA student governments,

and over 1,500 student groups.

ABOUT US

HELPFUL LINKS

Our Finance Team supports both the Student Union-a University Department – and the ASUC and GA Student Governments. The ASUC and GA are a 501(c)3 (non-profit) entity distinct from the University. Our Finance Team reports to the Student Union at UC Berkeley and frequently makes reports to the Student Union Board and Finance Committee which oversees all commercial activities for the Union.

ACCOUNTING AND FINANCIAL SUPPORT FOR STUDENT GROUPS INCLUDES:

  • CalLink Finance
    • Process all Purchase Requests
    • Reconcile ASUC credit cards
    • Accept deposits
    • Provide training for CalLink Finance Agents; update role in CalLink
    • Publish and update processes, procedures, trainings and forms
    • Ensure internal controls and compliance; document storage
  • Accounting (MIP, accounting system of record)
    • Issue all payments (direct deposit, checks, wire transfers, etc.)
    • Process stop payments
    • Process accounting transactions, ensuring transactions are timely, appropriate, and accurate
    • Ensure use of funds is in accordance with relevant covenants
    • Ensure proper internal controls and compliance
    • Reconcile and issue all IRS 1099 forms
  • Financial Reporting
      • Monthly reporting for ASUC, GA, Ethnic Studies
      • Ad hoc as necessary
  • Bank Accounts & Investments
    • Facilitate updates for signature cards
  • Fiscal Close (Summer)
    • Reconcile CalLink and MIP
    • Process all necessary journals to close out the year
  • Annual Audit (Fall)
    • Work with auditors to complete all audit requests
    • Distribute audit report
    • Submit annual federal and state tax returns
    • Renew ASUC non-profit status
  • Our Finance Team DOES NOT
    • Provide financial advising or financial management (including investments)
    • Provide funding
    • Make funding decisions

ACCOUNTS PAYABLE / RECEIVABLE WINDOW HOURS:

CONTACT US

The window is located on the 4th floor of Eshleman Hall, 2465 Bancroft Way

Monday: Closed

Tuesday: 10am-Noon

Wednesday: 1pm-3pm

Thursday: Closed

Friday: 1pm-4pm