UITS Finance Office

Financial and administrative services

The UITS Finance Office doesn't just oversee budgets and payroll. It also manages funds for essential research, equipment testing and loans, travel reimbursement requests, and more.

A new financial reporting tool, the "Balance and Transaction Manager (BaTMan) – UITS" is now available via the Decision Support portal (ds.iu.edu) in two versions – one for 2017 and one for 2018. Please note that BaTMan replaces AMReT, which will be retired as of February 22.

BaTMan enables you to quickly and easily review consolidated income and expense balances for your accounts/subaccounts and to drill down to the underlying details. It is also provides significant flexibility and transparency—giving you a number of built in filters while allowing you to view all UITS accounts/subaccounts. To learn more about how to use BaTMan, please open it up and click the “?” box at the top right of the screen.

Services

Financial management and support are crucial elements in the day-to-day operations of any organization. At UITS, the Finance Office provides comprehensive services that support financial and administrative activities, including:

  • Budgeting and accounting
  • Financial analysis and reports
  • Financial systems
  • Activity-Based Costing (ABC)
  • Internal procurement
  • Travel arrangements

The Finance Office also oversees timekeeping and payroll for UITS employees as well as contracts and grants for researchers.

Activity-Based Costing (ABC) reports

Each year, the Finance Office creates ABC reports, which outline both the total and unit costs of UITS-provided services. The reports compare any increases in costs to growth in services.

These comparisons reveal the "bigger picture" of a service and find answers to questions beyond the bottom line: how many people are satisfied with the service? How many people are using it? ABC reports help the office make decisions based on different aspects of a service.

Costs measured on the reports can be directly incurred through providing organizational support or services, e.g., salaries, hardware maintenance, software licenses, etc.

Activity-Based Costing is a practice unique to UITS. The yearly reports are available both publicly and internally.

*Please note
Access restricted to Finance Office employees
Only available through Internet Explorer

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