- Homepage
- Administrative Units
- Finance Strategy & Analytics
- Internal Controls, Anti-Fraud, and Advisory Services
- Tiers of Fiscal Responsibility
- Tier 1 Resources
- Tier 1 Reconciliation Checklist
Tier 1 Reconciliation Checklist
- Internal Controls, Anti-Fraud, and Advisory Services
- Tiers of Fiscal Responsibility
- Quality Assurance
- Internal Controls
- FAQs
- Antifraud Framework
- Fiscal Training & Resouces
- Financial Data Solution Center
- Finance Fridays
- Continuous Improvement Resources
- Continuing Professional Education Programs for CPAS
Overview
This checklist is designed to assist Tier 1 reconcilers with performing the reconciliation of the Monthly Financial Reports (sometimes called MFRs or departmental ledgers). Monthly reconciliation is a key internal control that compares the transactions posted in the myUFL General Ledger to source documents, either electronic or paper, to:
- determine if transactions are complete or outstanding
- confirm accuracy of the transactions
- identify any erroneous transactions that need to be corrected
For questions, suggestions, or updates to this checklist, please e-mail controller-office@ad.ufl.edu.
Toolkits
UF HR Toolkit – Reconciliation
Training
PRO303 – Internal Controls at UF
PST130 – Reconciliation
Contacts
University Controller’s Office: (352) 392-1321
Last Reviewed
Last reviewed on 03/20/2024