NOTICE: The Finance Policies and Procedures Manual, along with the previous manual, is undergoing changes. These sites are continually updated to reflect changes in business processes. If you cannot find the information you are seeking in these policies, email financecomm@unc.edu for more information.
Policies and Procedures

Procedure 403.1 – Purchase and Liquidation of Investments in Money Market

Effective
January 1, 1999
Last Updated
January 29, 2010
Responsible University Officer
University Controller
Responsible Unit
Accounting Services

Procedure Statement

For appropriate accounts, participation in and liquidation of Money Market can be obtained by using the Money Market Request Module of the online Journal Entry System in Finance Central.

Money Market Requests are not appropriate for University-related foundations and accounts managed by the Office of Sponsored Research, as there are other guidelines for their participation. Select University departmental accounts participate in money market investment by default. For these accounts, there is no need to create a request to participate.

Forms and Instructions

To access the Money Market Request Module, log into Finance Central and select Inbox. Step-by-step instructions to access the Money Market Request manual can be reviewed to perform these tasks:

    • To purchase or increase participation in money market
    • To liquidate and reduce participation in money market

Related Data

For instructions on approving documents and other details regarding the Online Journal Entry System and FRED, view the Computer Based Training and Online Manuals on the Finance and Accounting Training webpage.

Training Manual for Money Market Request Manual

History

Revised:
January 29, 2010