Accounting
General Accounting
General Accounting is responsible for the verification and maintenance of transactions processed through the Oracle Fusion system from external sources. The department handles the processing of month-end close, year-end close, journals and check deposits.
- Accounting Month-End Deadlines
- Year-End Information [PDF] (Link coming in Apil 2026)
- Frequently Asked Questions
Departmental Information
Mailing Address:
275 Administration Building
ÃÛÌÒµ¼º½, TN 38152
Office Hours:
Monday thru Friday, 8 a.m. to 4:30 p.m.
Phone: 901.678.2271 | E-mail: accounting@memphis.edu
Frequently Asked Questions (FAQs)
What should I send to the accounting@memphis.edu inbox?
- Journals Inquiries
- Check Deposit Inquiries
- Month End Close Inquiries
- Year End Close Inquires
When do I create a journal in Oracle?
To reclass expenses from one COA to another or to allocate expenses for cost that has occurred but is shared among different departments. To reclass internal department revenue.
What is the difference between a journal and spreadsheet journal?
A journal is a manual entry of records of debit and credit transactions in the accounting books to reclass or allocate expenses between departments.
A journal spreadsheet is an automated entry of records of debit and credit transactions in the accounting books to reclass or allocate expenses between departments.
Create both manual journals and spreadsheet journals in Oracle.
If you discover an error that needs to be corrected while creating journals, who should you reach out to for assistance?
Please submit a help desk ticket at and select Oracle Fusion and General Ledger/Accounting (RTR).
What is the timeframe for submitting a journal?
Request must be within date range of current fiscal year. Reclasses for prior or subsequent fiscal years are not allowed except PGM. All journals are due on the first business day of each month to be considered approved and posted in that period.
Why can I not reclass a Salary Expense Account on a Journal Form?
Salary Expense Accounts except for Employee Discounts and Fee Waivers (62601, 62602, 62604, and 62605) must be submitted on a Salary Redistribution Form in Oracle.
Please send request to Financial Accounting and Reporting email at bffin@memphis.edu.
Can Budget Pool Accounts be used on a Journal Form?
Posting cannot be made to Budget Pool Accounts (71000, 74000, 78000). Please contact Financial Planning regarding a Budget Revision for Budget Pool Accounts at fprevisions@memphis.edu.
How do I deposit a check?
Please bring the completed Deposit Authorization Form with the check to the Accounting Office at 275 Administration Building, ÃÛÌÒµ¼º½, TN 38152. The Accounting Office will approve the form and submit it to the USBS Office for deposit. The USBS office will not accept a Deposit Authorization Form without the Accounting Office approval.