Financial Services
Welcome to Financial Services. Financial Services encompasses Accounts Payable (AP), Accounts Receivable (AR), Travel Services, Cashiering Services and Information Systems. All areas within Financial Services use Parnassus for financial accounting. We are located on the 14th floor of West Tower. Please contact Financial Services with questions regarding Parnassus, account access and setup, and journal entries.
Financial Services
- Account set up and access to Parnassus
- 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
- Administers EZPay and Procurement card policies
- Controls user access and management of the 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 College EZPays, invoices, and the Purchasing card
- Handles all non-student billings
- Administers Travel and Travel Card policies
- Administers the Entertainment policy
- Controls user access and management of the Travel cards
- Processes expense reports requiring reimbursement
- Sets up and processes payments for the Travel card
- Accepts departmental deposits
- Administers Petty Cash and travelers checks
- Distributes cash advances for international and student group travel
- Holds checks for EZPay payment