Financial Services

Financial services provides the university community with professional, accessible, customer focused and efficient processing of financial transactions and provides accounting and financial management reporting. Our mission is to provide the university community with a high level of service and financial protection through the exercise of cost effective internal controls.

NEWS AND UPDATES

We want to make you aware that financial services has revised the receipt transmittal form which is currently online. Please discard all other/older versions in your possession and download the revised Receipt Transmittal Form [PDF].  

When completing the receipt transmittal form, please follow the revised “Cash Handling Procedures for Salem State Departments [PDF]” when making deposits. As a reminder, some of these procedures from the attached are specific to the receipt transmittal form are enumerated below:

1)   Please fill in all the chartfield boxes including account, fund, department and
      program.
2)   Please fill in the description of the transaction that you received the money from and
      the date of event. If collection from people you must attach a list by name and
      amount.
3)   Please have two signatures on the form that verify the deposit total. (preparer and
      supervisor/other staff)
4)   Please bring two copies of the receipt transmittal form with your deposit - as one will
      be signed by financial services and given back to you once the deposit is received
      and verified.

IMPORTANT NOTE:  Deposits are NOT to be Dropped Off but remitted directly to the authorized general accounting staff. Since the deposit will need to be verified while the person making the deposit is present and signed off as having agreed with the total funds deposited. Please allow sufficient time to complete the process. Also, please distribute and print this e-mail for those who do not have access to email.

All deposits should be brought to financial services between 9 and 11:30 am or your deposit will be posted on the next business day.
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Financial Services consists of the following departments:

 

 

Tools & Resources