Frequently Asked Questions

All deposits are processed in the Student Accounts office. On the 1st and 16th of each month a revenue summary report is generated in Banner identifying the total of all deposits made to each account for the previous 15 days. Accounting reviews this report and subsequently enters the revenue information into the SUNY Financial System.

As this revenue summary report is only run on the 1st and 16th of the month, deposits will only be able to be viewed in your account after that time. For example, a deposit receipted into Banner on March 3rd will not be posted in your account until after the revenue summary report is run on March 16th. This is a system limitation and is not due to a delay by Accounting.

Contact either Student Accounts or Accounting to explain the error and indicate the correct account. A transfer between the accounts will be processed.

Fringe is applied on personal service and temporary service labor expenditures in IFR, DIFR-IFR, SUTRA (non-summer/winter session) and DIFR accounts. In the case of SUTRA instructional (summer/winter session) accounts, fringe benefits are assessed, at a much lower rate, on revenue. The SUNY Financial System posts fringe benefit assessments on a monthly basis on all eligible activity from the prior month. 

Please note:

• Fringe is applied to DIFR labor, but fringe assessment transactions do not appear in BI.
• Student payroll is generally exempt from fringe benefit assessments. These exemptions are applied on certain labor expenditure sub objects, which are determined by payroll data including title, earnings code, university class code, and account type.
• Additional information is available on the Budget Office website.