Projects - General Ledger (GL) Review System
Welcome to your information center for the UC Davis implementation of the General Ledger (GL) Review System. GL Review was implemented in the Summer of 2005, with mandated use taking affect on July 1, 2006 (campus) and January 1, 2007 (UCDHS).What is GL Review?
The General Ledger Review System provides an online, systematic way to satisfy the monthly ledger review requirements of UC Davis Policy & Procedure Manual Section 330-11. Features like auto-annotation and statistical sampling streamline the workload while still ensuring a satisfactory review. Reviews can be performed on or off-line, with online certification in either case.
Why an online GL Review?
UC Davis Policy requires departments to do a monthly review of the ledger to determine the validity of charges and credits to their accounts. The General Ledger Review System was developed to reduce the workload associated with the monthly review and demonstrate that reviews are being performed timely.
The policy also requires that the person reviewing the general ledger accounts must be someone other than the person with authority to approve the expenditures on those same accounts. This system makes certain that duties are properly separated enabling one person’s work to be a complementary check on another’s work and ensures that no one person has complete control over a transaction.
How Can I Learn More About GL Review?
Try these links:
- Benefits of GL Review
- Directive 06-055: Implementation of General Ledger Review Function in DaFIS DS
- GL Review Training Materials
This site maintained by UC Davis Accounting & Financial Services
Questions about this site? Contact us at afsweb@ucdavis.edu.
© UC Regents, Davis campus. All rights reserved.