Monthly Archives: December 2008

Improvements to Web Financial Applications – Going Red!!!

Posted December 23, 2008 in Financial Reporting and Accounting, Financial Services, Financial Services Technical Support, Grants and Contracts Accounting and tagged , .

Hyperlinks have been added to Management Reports and other web applications. These hyperlinks on column titles and labels, link to references explaining that particular topic and will help the user understand and use Management Reports as it was designed. How … Continue reading →

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2008 University of Utah Annual Financial Report

Posted December 17, 2008 in Controller, Financial Reporting and Accounting and tagged .

The 2008 University of Utah Annual Financial Report is available on the Controller’s website. Reports for prior years are also available. Printed copies of the 2008 report will be available early in January.

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EBT Queries removed from the HR Information Library

Posted December 17, 2008 in Financial Services Technical Support, Payroll.

A flaw has been found with two EBT queries in the HR Information Library (HRIL), resulting in their removal from the library: EBT by Employee and EBT by Home Dept. We discovered an issue where some transactions were not returned, … Continue reading →

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Copies of General Journal Entries

Posted December 16, 2008 in Financial Reporting and Accounting, Grants and Contracts Accounting and tagged , .

The University continues to invest substantial resources to provide web tools to assist departments in accomplishing their mission. One such tool, implemented some time ago, is the “spyglass” image on the web Management Reports which allows the user to view … Continue reading →

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Tax Rate Changes

Posted December 15, 2008 in Tax Services and tagged .

Effective January 1, 2009, the statewide general sales tax rate will increase .05 percent, affecting rates throughout Utah. Go to https://tax.utah.gov/sales/rates.html to see the new combined rate for all localities. The new Salt Lake City, in Salt Lake County general … Continue reading →

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Many Older Endowments Still Not Invested In Endowment Pool

Posted December 11, 2008 in Endowment & Investment Accounting, Financial Reporting and Accounting.

In 1991, the University created the Endowment Investment Pool (Pool). At that time, the University’s Board to Trustees (Board) required that all subsequently established endowments must be invested in the Pool. For endowments in existence when the Pool was created, … Continue reading →

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Endowment Projections – Q1 FY 2009

Posted December 9, 2008 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for September 30, 2008, is $187.62 per unit. This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FS News. All other factors in the instructions … Continue reading →

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Payment Card (Credit Card) Acceptance Policy – New Policy 3-070

Posted December 9, 2008 in Income Accounting, Payment Card Acceptance/E-Commerce and tagged .

The Board of Trustees has approved a new policy (Policy 3-070) which addresses both internal and external standards as they relate to the acceptance of credit cards for a variety of University services, such as tuition payment and ticket sales. … Continue reading →

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Financial Web Server Issues Resolved

Posted December 4, 2008 in Accounts Payable, Financial Reporting and Accounting, Financial Services Technical Support, Grants and Contracts Accounting, Income Accounting, Payment Card Acceptance/E-Commerce, Procurement and Supply Management, Property Accounting, Purchasing Card.

The Financial Web Server has experienced intermittent problems the last few weeks. Some of the applications affected by this were: Management Reports, Limited Purchase Checks, PO applications and others. Your patience while we attempted to solve the problems is appreciated. … Continue reading →

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Improvements to Transaction Detail Search-Journals

Posted December 2, 2008 in Financial Reporting and Accounting, Grants and Contracts Accounting and tagged , .

The Transaction Detail Search for journals has been improved. The page has been redesigned making it more informative and user friendly. Links have been added to the page to provide additional information, which will help the user obtain information necessary … Continue reading →

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