TAMU > Finance > FMO > About FMO
About FMO
Our Mission
As a part of the Division of Finance, Financial Management Operations is an employee-centric organization that provides accounting services in partnership with our stakeholders. By promoting high standards of efficiency, integrity, innovation and customer satisfaction, we ensure financial compliance and accountability to Texas A&M University and its constituents
Our Vision
We will exceed customers' expectations for superior performance and service through an employee-centric culture.
About Accounts Payable our home page
The mission of Accounts Payable is to serve the State of Texas, Texas A&M University and Texas A&M University at Galveston by processing payments to vendors in a prompt and efficient manner while ensuring compliance with laws, policies, procedures, rules and regulations. Provide prompt customer service and on-going education of policies and procedures to the University community and vendors. Accounts Payable consists of seven areas:About Purchase Audit our home page
- Purchase Audit - To serve the State of Texas, Texas A&M University and Texas A&M University at Galveston by processing payments to vendors in a prompt and efficient manner while ensuring compliance with laws, policies, procedures, rules and regulations. Provide prompt customer service and on-going education of policies and procedures to the Univeristy community and vendors.
About Travel our home page
- Travel - To serve the State of Texas, Texas A&M University and Texas A&M University at Galveston by processing payments to Employees and vendors in a prompt and efficient manner while ensuring compliance with laws, policies, procedures, rules and regulations. Provide prompt customer service and on-going education of policies and procedures to the University community and vendors.
About Vendor Setup our home page
- Vendor Setup
About Payment Cards our home page
The Payment and Travel Card Services Office goal is - To serve the State of Texas, Texas A&M University, Texas A&M University at Galveston and Texas A&M University System Office in administration of the Payment and Travel Card programs in a prompt and efficient manner while ensuring compliance with laws, policies, procedures, rules and regulations. We strive to provide prompt and courteous customer service and an on-going education of policies and procedures to the University community.
About Individual Payments our home page
- Individual Payments - Responsible for processing payments to individuals and foreign vendors. Also responsible for processing non-travel-related employee reimbursements and reimbursements for student travel.
About Imaging and Data Control our home page
- Imaging & Data Control - Responsible for receiving, sorting, importing and managing stored documents for Accounts Payable.
About Working Funds our home page
- Working Funds - Responsible for auditing all purchases and payments made with funds provided for student travel, research or special events.
About General Accounting Services our home page
This area of Financial Management Operations provides quality services that enable the institution to track and monitor fiscal operations. Our goal is to assist in developing and maintaining quality accounting records and processes. In conjunction with various TAMU departments and external customers, we strive to provide superior customer service. General Accounting Services consists of four distinct areas.About Departmental Budget Request our home page
- Departmental Budget Request - Initiated at the departmental level and created within FAMIS, a Departmental Budget Request (DBR) automates the process of funds transfers between budget pools from one account to another following embedded business rules.
About Corrections Office our home page
- Corrections Office - Responsible for making corrections for Accounts Payable (A/P) and Sales & Receivable (S&R) in FAMIS (and USAS when necessary). The objective is to provide prompt and courteous service for our internal and external customers.
About Sales & Receivables our home page
- Sales & Receivables - Responsible for auditing all Interdepartmental Transfers (IDT), Accounts Receivables (AR), Cash Deposits, and Cash Receipts. The primary contact for Sales Tax questions and Red Flag Rule questions.
About Gifts & Endowments our home page
- Gifts & Endowments - We provide internal financial reporting at the request of the department and external financial reporting at the request of the donor. We work closely with System Treasury Services concerning the System Endowment Fund and the Cash Concentration Pool. We also work closely with the Office of General Counsel concerning bequests and trusts, and with Texas A&M Foundation concerning gifts, donations, and transfers.
About Property Management our home page
- Property Management - • Property Management - The Property Management unit of Financial Management Operations is responsible for the overall accounting management of capital and controlled assets for TAMU and TAMUG. Any changes made to assets are submitted to the TAMU Property Management Department and those would be reflected in the Fixed Asset Module (FFX) of FAMIS. The job of Property Management is insure that correct procedures are followed, assist TAMU and TAMUG Departments in managing and accounting for their inventory by tracking assets from acquisition to deletion, and accurately reporting to the State of Texas Comptroller the required asset data.
About Financial Reporting/Reconciliations our home page
Financial Reporting - The Financial Reporting unit of Financial Management Operations is responsible for the Annual Financial Report and other financial reporting for the University. New Accounts, Account Maintenance and Signature Cards are also handled in the Financial Reporting unit. Additionally, we handle the Year End Close Out Process. The primary contact for each responsibility is listed on our contact list, however, anyone on our team will be happy to assist you with any questions that you may have.
About AggiE-Pay/Credit Card our home page
- Texas A&M facilitates the ability for departments to accept credit cards as a form of payment. FMO is responsible for establishing new merchant accounts and representing the department to the university's card processor. Procedures for establishing and maintaining a credit card merchant account are established in SAP 21.01.02.M0.03 Credit Card Collections. FMO also provides supplemental information to the above SAP on the Credit Card Procedures and Policies page. To begin the setup process for accepting credit cards in person or over the phone, contact Patti Ponzio at (979) 845-5209
- Texas A&M University provides units and departments with two methods of transacting online payments through a secure web payment gateway. All University departments conducting online payments are required to use either Aggie-Pay or Texas A&M Marketplace, unless an exception to this requirement granted in accordance with SAP 21.01.02.M0.01. To begin the setup process for conducting online transactions, contact Preston DuBose at (979) 845-8118.
About Training & FAMIS Security our home page
- Training & FAMIS Security
- This area of Financial Management Operations is responsible for the training and security of several accounting related computing systems utilized by Texas A&M University and Division of Finance employees. These systems include FAMIS, USAS, the Division of Finance Imaging System, EPA (Employee Payroll Action) among other internal systems.
Quick Links
Canopy
Mobius/DDRINT
Panagon/Workplace Imaging
About Accounting Processing Services our home page