Cash and cash equivalents

Cash and cash equivalents include bank accounts, petty cash, and marketable securities with maturities of less than 90 days. At UVA, cash and cash equivalents are tracked and managed by Treasury at the enterprise level; balances in bank accounts should tie to the General Ledger. Said another way, no unit but Treasury and Accounting works with cash. Operating units do not hold cash.  Instead, they hold expendable fund balances (refer to the definition).
Functional Area