Division of Financial Services
Accounting
External Organization or "Agency" funds are not university funds, and should not be recorded as revenue. Agency transactions are processed through the university accounting records as a means of assisting informally organized groups related to the university (e.g., student clubs). Agency activity is excluded from the university’s statement of activities, and agency balances are considered a liability. University Policy 3.16, External Organization Accounts is currently being updated to provide additional information.
