Abstract

non-cash settlement has the inimitable advantages of high efficiency, low cost and high speed, compared with cash settlement. The non-cash settlement is the result in this era with rapid development of information society, an important way to improve financial management, and the inevitable trend of reforms for university financial management means. In this paper, the author discusses about various non-cash settlement patterns corresponding to different business types for university financial settlement, analyzes the advantages for universities to implement non-cash settlement, and makes in-depth thinking on precautions in the process of non-cash settlement of universities. In recent years, the running funding and research funding of universities are increasing as enrollment and scale continue to expand, the same with the volume of business financial settlement work, especially the amount of cash during settlement; the traditional cash settlement is difficult to meet the requirements from current socio-economic development and status of financial management in universities. Thus, it is urgent to create innovative financial management tools and to minimize the amount of cash used in financial settlement business of universities, thereby increasing work efficiency and reducing costs of financial management, and then fully realizing non-cash settlement in universities. I. Specific patterns of non-cash settlement in universities For specific business of university financial settlement, since different types of business involves different objects and business processes, different non-cash settlement patterns need be taken. Generally speaking, non-cash settlement patterns in universities can be achieved from the following aspects: (I) Income Aspect The income aspect of non-cash settlement in universities mainly include teachers ' vertical & horizontal subject income, students ' tuition & accommodation fees, sporadic payments and recharge money from Common-Card business.