Business Office

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Welcome

The mission of the Business Office is to provide accurate and timely financial services, with exceptional customer support for the college community, while acting as a steward of the college’s resources.

Business Office Departments

Accounting

Accounting

➤Maintains the financial reporting of the College. ➤Responsible for compliance with laws and regulations including Generally Accepted Accounting Principles (GAAP).
➤Develops and monitors internal controls.

Accounts Payable

Accounts Payable

➤Responsible for disbursement of funds to vendors, employees, students, and other constituents of the College.
➤Responsible for oversight and administration of the St. Olaf Purchase Card Program.
➤Maintains policies and oversight of travel for faculty, staff, and students.

Payroll

Payroll

➤Responsible for timely and accurate processing of the College’s staff, faculty and student payroll.
➤Maintains compliance with IRS, state, and other appropriate regulations.
➤Assists nonresident alien students and international visitors with proper taxation and reporting.
➤Generates the Wage and Tax Statement Form W-2 and Foreign Person’s U.S. Source Income Statement Form 1042-S.

Student Accounts

Student Accounts

➤Responsible for accurate reporting and billing of student tuition balances.
➤Coordinates the billing, waiver, and enrollment of the St. Olaf student health insurance program.
➤Processes tuition refunds requested by students.
➤Generates the IRS Form 1098-T for the appropriate students.

Policies & Procedures

Access important policies including tax exempt, travel and business, privacy, vehicle use, and more! Learn about campus accounting, purchasing, and fundraising procedures, too.
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Forms

Access all business forms, as well as a list of the most commonly used account numbers. While you may print, sign and scan all documents, online fill-in forms are only available for some documents.
Find More

St. Olaf Budget Guide

Access budget basics, budget management, financial software, cash management, purchasing and cash disbursements, endowment information, and budget resources.
Learn More

Lawson Web

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Learn more about the Web-based access to Lawson operating budget accounting reports. If you have any questions about the reports, please email Angie Mathews.

Login to Lawson Budget Reports ➤