{"id":4759,"date":"2025-11-26T10:50:03","date_gmt":"2025-11-26T15:50:03","guid":{"rendered":"https:\/\/www.qc.cuny.edu\/budget-and-finance\/?page_id=4759"},"modified":"2026-03-20T15:36:17","modified_gmt":"2026-03-20T19:36:17","slug":"accounts-payable","status":"publish","type":"page","link":"https:\/\/www.qc.cuny.edu\/budget-and-finance\/accounts-payable\/","title":{"rendered":"Accounting & Accounts Payable"},"content":{"rendered":"

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” Discimus ut Serviamus: We learn so that we may serve”<\/p>\n

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Mission Statement<\/h3>\n

Accounts Payable<\/h4>\n

The Mission of the Accounts Payable Department is to support the College faculty and staff by processing the payments required for their travel expense and goods and services purchases necessary to meet the goals of the College. The Department strives to process payments and resolve problems within the prescribed time limits, guidelines, and format mandated by the Comptroller’s Office of the state of New York and the City University of New York.<\/p>\n

Accounting<\/h4>\n

The Accounting Department is responsible for providing efficient and effective financial and administrative services relative to the needs of departments on campus while still assuring that all transactions adhere to The City University of New York policies and procedures and generally accepted accounting principles. To maintain accurate financial accounting records according to Generally Accepted Accounting Principles (GAAP) by compiling monthly and annual financial reports.Unlike other departments, Accounting has two year-ends. For taxes reporting, there is a calendar year-end (December).<\/p>\n

Fiscal Year starts July 1 and ends June 30.<\/strong><\/p>\n

Deadlines – Tax Levy and Non-Tax Levy<\/strong><\/a><\/p>\n

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