RIT previously used an Oracle-based Chart of Accounts structure for financial transactions, journal entries, and related accounting activities. With the implementation of Workday in January 2026, this ...
Income accounts track how money enters the business, while expense accounts show where it is spent. Asset and liability accounts record what the business owns and owes at any time. This structure ...
The university's decisions and business processes are dependent upon the flow of financial information. This flow of financial information is driven by the accounting and reporting system. At the ...