Author Archives: Carl Larson

Proper Account Usage for Cell Phone Reimbursements ***Updated***

Posted April 8, 2013 in Financial Reporting and Accounting, Financial Services Technical Support and tagged , .

As you may already be aware, in March the process changed for reimbursing employees for business usage of their cell phones. Instead of initiating and renewing these reimbursements using paper forms and manual processes, this is now to be done via … Continue reading →

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Fiscal Year-End Closing Information and Dates Document for Fiscal Year 2013 has been updated

Posted April 2, 2013 in Financial Reporting and Accounting and tagged , .

The Fiscal Year-End Closing Information and Dates document for fiscal year 2013 has been updated and is available on the FS pagelet on CIS. Please take a moment to review the dates to make sure all your financial documents are … Continue reading →

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Discover Credit Card Changes

Posted March 22, 2013 in Income Accounting, Payment Card Acceptance/E-Commerce and tagged .

CHANGES TO DISCOVER CREDIT CARD DEPOSITS Beginning April 1, 2013, the Discover credit card settlement will be combined with the Visa and Mastercard settlement, to make one deposit to the bank. You will need to combine the Discover settlement total with the … Continue reading →

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Crucial Purchasing Changes – Additional Session

Posted March 4, 2013 in Procurement and Supply Management, Purchasing Card and tagged , , , .

An additional Crucial Purchasing Changes training session has been scheduled on Tuesday March 12, 2013 at the Spencer Fox Eccles Business Building (SFEBB). There is also a session on Friday March 8, 2013 at the Film and Media Arts Building … Continue reading →

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Q2 FY 2013 Unit Market Value for Endowment Projections

Posted February 25, 2013 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for December 31, 2012, is $201.80 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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Crucial Purchasing Changes

Posted February 13, 2013 in Procurement and Supply Management and tagged , .

Changes in state law related to procurement will become effective on May 1, 2013. A new training will present these changes and how they will affect business for the University of Utah. There are still openings in some of the … Continue reading →

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Project Liaison Self Service Application back in service

Posted January 31, 2013 in Grants and Contracts Accounting and tagged .

We are pleased to announce that the Self Service application to update the Liaison for Projects is back in service! After searching for a Project or Projects in Project Lookup, in the upper left, you will see the “Change Liaison/Phone” … Continue reading →

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January 2013 Momentum Newsletter

Posted January 10, 2013 in Financial Services and tagged .

The Momentum Newsletter is published quarterly and is meant for the use and benefit of the University of Utah Campus Community. A full printable version of this newsletter is also available to forward to your colleagues.

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December 2012 Accounting Month Closed

Posted January 10, 2013 in Financial Reporting and Accounting, Grants and Contracts Accounting and tagged , .

All financial transactions have been successfully posted for December 2012.  The Accounting month is now closed.  This means that: PDF Management Reports can now be produced. After you have reviewed your Management Reports, you may provide Evidence of Review (EOR) by:  Use … Continue reading →

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Tax Rate Changes

Posted January 3, 2013 in Payroll, Tax Services and tagged .

Social Security Tax Rate Increase The two percent employee FICA Social Security tax cut provided in the Tax Relief Act of 2010 expired December 31, 2012. As a result the employee FICA Social Security tax rate will be restored to … Continue reading →

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