Author Archives: Carl Larson

2010 Financial Report

Posted January 12, 2011 in Controller, Financial Reporting and Accounting and tagged .

I am pleased to announce that the 2010 Financial Report for the University of Utah is available online.  Previous years’ reports (2003-2009) may be found on the Controllers website.  Limited numbers of hard copy 2010 reports will be available shortly and … Continue reading →

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Changes to employee tax withholdings

Posted January 7, 2011 in Payroll, Tax Services and tagged .

For 2011, beginning with the January 7th paycheck, employees may notice changes to their tax withholdings. Based on the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 there will be a two percentage point payroll tax cut … Continue reading →

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Links to Auto-Numbered Forms Changed

Posted January 5, 2011 in Financial Reporting and Accounting, Grants and Contracts Accounting, Income Accounting, Property Accounting and tagged .

Some FS auto-numbered forms have had their links changed.  The forms have been moved to a new location which will make updates and maintenance of the forms more efficient in the future.  All the links on the Financial & Business Services website … Continue reading →

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Accounts Payable Office Remodel

Posted December 14, 2010 in Accounts Payable.

Due to an office remodel, the Accounts Payable office will be temporarily relocated to room 416 Park (Travel Office). This temporary location will be used December 20 – 31. During this time, please come to Room 416 to deliver documents … Continue reading →

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Accounts Payable Needs Your Feedback! Please Take Our Survey!

Posted December 3, 2010 in Accounts Payable.

Accounts Payable is working to improve our service to YOU and we’ve created a survey that we’d like you to complete to help let us know how we’re doing. The survey will only take a few minutes to complete, and … Continue reading →

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Go Paperless, Sign up for electronic W2!

Posted December 3, 2010 in Payroll, Tax Services and tagged .

Meaningful and exciting changes have been made to the way W-2 forms are now available to University of Utah Faculty and Staff. Employees can elect to receive the Form W-2 electronically, in a paperless format which will be available year round. … Continue reading →

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IRS Regulations and W-2 Form Reporting

Posted November 18, 2010 in Payroll, Tax Services and tagged , .

Payroll Reporters, Please note that we are approaching the end of the 2010 calendar year. IRS regulations require us to report on the W-2 forms and pay and/or withhold any appropriate employment taxes on certain benefits provided during the year, including … Continue reading →

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Accounts Payable Under Construction

Posted November 17, 2010 in Accounts Payable.

The Accounts Payable office will be undergoing minor construction, starting Monday, November 24 and is expected to be complete by Monday, November 29. During this construction please continue to use the main office entry and drop documents for processing at … Continue reading →

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Endowment Projections for Q1 FY 2011

Posted November 15, 2010 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for September 30, 2010, is $192.86 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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Key Personnel Effort and Fiscal Responsibility Reminder for Principal Investigators

Posted November 10, 2010 in Grants and Contracts Accounting, Management Accounting and Analysis and tagged , .

November 10, 2010 EFFORT: Each department should ensure the appropriate level of effort of Key Personnel on projects. Key Personnel include all Principal Investigators and others specifically listed on the awarding document. Auditors of grants and contracts review Key Personnel to ensure the … Continue reading →

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