UT policy FI0105, General Statement on University Fiscal Policy, grants the chief financial officer authority to issue exceptions for any UT fiscal policy or procedure.
To continue efforts to establish a process in DASH for what is currently referred to as ledger reconciliation in IRIS, effective Dec. 15, 2024, I am issuing a University-wide exception to Fiscal Policy FI0115—Reconciling and Reviewing Departmental Ledgers. FI0115 is suspended until further notice.
University department heads must ensure applicable staff members reconcile the November 2024 ledger. Under this exception, departments are not required to reconcile December 2024 ledgers in IRIS.
Additional details about reports and transactions available in DASH will be shared soon to help departments monitor financial activity during this interim period. Department heads remain responsible for managing expenses and budgets by reviewing approvals and maintaining communication with staff members to stay informed of fiscal activity.
The UT System Administration will work with campus and institute representatives to develop a standardized process in DASH that will be rolled out to all university employees at a later date.
This exception applies only to FI0115 and does not impact any other policies or procedures.
For questions, contact Blake Reagan at breagan@tennessee.edu.
David Miller
Senior Vice President and Chief Financial Officer
