When it comes to watching out for your money, nobody does it better than VCE’s Accounting Department. Whether it’s collecting it, paying it or summarizing it in a variety of financial reports, Accounting touches every dollar of revenues and expenses. And not only that, our staff in Accounts Payable and Accounts Receivable provide critical customer service interfacing with our customers and vendors.

Summer Walls in Accounts Receivable performs collection duties, applies a variety of payment types to our customers’ accounts, sends out statements and dunning letters, issues invoices for and tracks deferred revenue balances and assists with fixed asset accounting.

Led by Tracy Davis, Maya Larson, Theresa Beckett and Lori Wright make sure the array of VCE’s bills get paid on time (vendor invoices, utilities, leases, sales tax, etc.). They process inmate payroll, travel reimbursements and our credit card invoice (which is really about 300 invoices in one)!

Oh, if that’s not enough, A/R and A/P not only have to process everything in our accounting system, they have to interface or process all payments and deposits into Cardinal, the Commonwealth’s system. Cindy Williams in Cost Accounting prepares the departmental budget statements, coordinates VCE’s daily cycle counts and physical inventory, reviews and updates standard labor and overhead rates and assists with VCE’s monthly financial statements by ensuring inventory is in accordance with Generally Accepted Accounting Principles.

We also produce monthly, quarterly and annual financial reports for the Department of Accounts, IRS and internal use.