Welcome to Financial Services (West Tower, 14th Floor)

Financial Services encompasses:
   Accounts Payable (AP)
   Accounts Receivable (AR)
   Procurement
   Travel Services
   Cashiering Services
   Information Systems

All areas within Financial Services use Parnassus for financial accounting.  Please contact Financial Services with questions regarding Parnassus, account access and setup, and journal entries.

Financial Services

  • Parnassus account set up and access
  • Account reconciliation and accounting
  • Coordinate College’s external financial audit
  • Financial report creation
  • Journal entries and approval
  • Maintain the requisition and budget approval hierarchies for Parnassus
  • Maintain ICFast and the Financials Reports page in Argus
  • Parnassus financials administration

Accounts Payable 

  • Administers EZpay and Purchasing card policies
  • Controls user access and management of Purchasing cards
  • Enters all suppliers into Parnassus
  • Enters EFT setup for Ithaca College students and employees for reimbursements
  • Sets up and processes all payments for the Purchasing Card, EZpays and invoices

Accounts Receivable 

  • Handles all non-student billings

Procurement 

  • Administers College purchases

Travel Services 

  • Administers Travel and Travel Card policies
  • Controls user access and management of Travel cards
  • Processes Expense Reports requiring reimbursement
  • Sets up and processes payments for the Travel card

Cashiering Services 

  • Accepts departmental deposits
  • Administers Petty Cash
  • Distributes Cash Advances for international and student group travel
  • Holds EZpay checks

Information Systems 

  • Training and support to the College and Financial Services end-users
  • Manage access to the Financial System
  • Report Writing
  • Managing ICFast and Financials reports in Argus