To review a list of known issues we are working on please visit our Workday Finance status page. Have something additional to report? Contact askfinance@virginia.edu
To review a list of known issues we are working on please visit our Workday Finance status page. Have something additional to report? Contact askfinance@virginia.edu
The report Details for Account Certification can help.
In Workday, type Details for Account Certification in the global search. Select the Worktags that match your Account Certification. This will give you a report with all the details. You can export to Excel. Pro tip: Keep the Details for Account Certification open in Workday to drill into transactions you need more information on.
Recon@UVA System Administrator
Reconciliation Training Administrator
Functional Administrator for Sponsored Projects
Functional Administrator for Non-Sponsored Projects
The Welcome Screen is displayed when you login to Recon@UVA. At your initial login (and annually after that), you will be asked to certify your compliance with the policies, procedures, and guidelines governing the reconciliation process.
Users may assign an “Alternate” (Preparer, Examiner, or Approver) in the Recon@UVA system to facilitate reconciliation. Alternates must be knowledgeable of the relevant policies, procedures, and guidelines for reconciling departmental records. The assignment of an alternate does not alleviate the fiscal responsibility of the Person of Record.
Reconcilers must retain all supporting documentation related to financial transactions.
Note: Signed and dated packing slips should be maintained when appropriate.
Exceptions:
Visit our Assigning an Alternate webpage for step-by-step instructions on completing this process in Recon@UVA.
Yes, all 3 roles in the reconciliation workflow (Preparer, Examiner, and Approver) can assign an Alternate.
In Recon@UVA, roles are used to restrict users' access to data and identify one's position in the reconciliation workflow. For each project, the following roles are used:
Preparer: The person responsible for the detailed reconciliation, including maintenance of source documents to verify all transactions are legitimate. This role is known as the “Fiscal Contact” in the Integrated System and is a required role in the Recon@UVA system.
Once your reconciliations have been prepared and/or examined, log on to Recon@UVA.
Review the work of the Preparers and/or Examiners.
Review issues, record comments, and request corrections as appropriate.
Update reconciling items as appropriate.
Certify and approve the reconciliation. This step records the Approver’s signature and date. If changes are required, return to the Preparer for rework.
Recon@UVA is the University’s official reconciliation system of record that provides an electronic solution for the documentation of reconciliations for all organizational units at the University of Virginia (including all academic schools and departments).
Yes, use of the system is mandatory in order to electronically document the review and approval of each Project-Award combination.
A calculation of the budgeted amount minus expenditures and commitments/encumbrances. Note that this will be based on either a project to date or year to date budget, and does not refer to the amount of cash on hand.
Budget Balance Available (BBA) Reports are accessed from the Summary Screen by clicking the printer icon under the associated "Actions" for the Project-Award combination:
Labor expenditures make up greater than 60% of the University’s total expenses each fiscal year.
The ReconUVA team has received questions/concerns regarding the completion of reconciliations during the response to COVID-19. For now, reconciliations will still be due within 30 calendar days after month-end close. Should a reconciler (i.e., Preparer or Approver) in your workflow not be able to complete reconciliations during this time, they should assign an alternate to reconcile on their behalf.
If you have additional questions or concerns, please contact our team at recon@virginia.edu and we will be happy to assist.
The 4100: Federal Grants and Contract ledger account, is where grant revenue is posted. This will look different depending on Contract Line Type. If the Grant is a Cost Reimbursable grant, you will see the amount in the 4100 ledger account line match the total expenditures including the F&A expenditures because this is the amount that will be reimbursed by the sponsor when invoiced by OSP. If the grant is a Fixed Amount grant, you will only see revenue matching the amount of the payment we received from the sponsor.
Your focus when working on a Grant Account Certification should be on certifying that the expenditures in the expenditure ledger accounts are appropriate or marking a variance if they are not.