Financial Operations

Welcome to the University of Michigan Financial Operations website! Whether you're a faculty and staff member, student, parent, alumni of the university, or simply visiting the website to learn more about the institution, it was designed to help you easily and quickly get the information you need.

Financial Operations is comprised of a number of departments that provide a wide range of financial services on behalf of—and for— the university community. These departments include Accounting Services, Financial Reports, Payroll, Student Financial Services, Student Loan Collections, and Teller Services. You can access information about these areas and the services they provide through the navigation on the left side of our website.

Our entire organization is focused on providing our customers with outstanding service. And a robust, user-friendly website is an integral way that we provide you with useful information about Financial Operations and the breadth of services available through our organization. I encourage you to spend some time exploring the website to learn how it can best meet your needs. If you have any comments about the Financial Operations website, please e-mail them to me.

Cheryl L. Soper
Controller and Director of Financial Operations

September 2015 Business Closed

Monthend processing for September 2015 completed on Tuesday, October 6. The General Ledger and Procurement tables and MReports were refreshed early this morning.

Do you have questions concerning your student account?

If you have questions concerning your student account or your student eBill, please contact us! Our office may be reached toll free at (877) 840-4738 or by email at

Cutoff dates for fiscal 2015 year end closing

As you know, the university's fiscal year ends June 30, 2015.  In order for the following types of financial transactions to be recorded in your unit's fiscal year 2015 activity, they must be submitted by the cutoff dates noted below.  Please note that cutoff dates vary by type of transaction.

Endowment Distributions Easier to Find in your Statements of Account

Based on your feedback, we’ve modified the accounts used for quarterly endowment distributions so that they’re easier to find and understand.

Non-Sponsored Chartfield Request Forms Updated

The request forms for Project/Grant, Shortcode, and Endowments have been updated. The new forms can be found here:

Fiscal Responsibilities

Any University Department with transactions in the general ledger is responsible for following the Standard Practice Guide policy on fiscal responsibilities under

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