Accounts Receivable

Steph Smith is the Managing Director of Accounts Receivable click here  for more information.

Accounts Receivable primary functions include:

  • Reconciliation of Texas Tech’s deposit and disbursement bank accounts
  • Track and record incoming wire transfers and ACH transactions
  • Reconciliation of unclaimed property accounts, performing due diligence and escheatment to the state of Texas
  • Reconciliation of University deposit revenue clearing accounts
  • Reconciliation of payments feeding from the student to the finance system
  • Receipt, verification and processing of TTU deposits and maintenance of cash and change funds
  • Facilitates ability for departments to accept credit cards
  • Assists with campus wide PCI DSS compliance standards