Latest Financial & Business Services News

Delivery of University Purchased Property to an Employee’s Home Address

Due to the COVID-19 pandemic, building closures, and resulting telecommuting for many University employees, a temporary exception has been made to the policy restriction for delivery of University orders to a non-University address. Orders delivered to an employee’s home or … Continue reading

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View Paycheck & Check/Advice Roster

The Payroll Processing for the April 7th, 2020 paycheck is completed, and the paycheck information is available on Campus Information Services. Signon to the CIS. In the employee section, Click the Payroll, Taxes and Salary link. Click View Paycheck and … Continue reading

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COVID-19: How FBS is Helping Campus Continue Business

Financial and Business Services has been working hard to accommodate the business needs of our campus users during this time of Stay at Home orders and in consideration of Social Distancing. Below, by department, you can read of these temporary … Continue reading

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February 2020 BPAG Minutes Available

The BPAG minutes from the February 14, 2020 BPAG meeting are now available on the Business Analysis & Support Services website. What is BPAG? BPAG stands for Business Process Advisory Group.  Business officers from across campus meet monthly with central … Continue reading

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Q4 FY 2019 UMV for Endowment Projections

The ending quarter endowment pool unit market value (UMV) for June 30, 2019, is $220.14 per unit. This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FBS News. All other factors in the … Continue reading

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New Policy and Rule for Financial Record Retention and Disposal

The Board of Trustees has approved both Policy 3-014; Financial Record Retention and Rule 3-014A; Financial Records Retention and Disposal. New Policy 3-014 and its associated Rule establishes a records retention policy, as well as outlines the processes and best practices for the retention and … Continue reading

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Revised Noncapital Equipment Account Codes

The Property Accounting Office wants to inform you of upcoming, and required changes to Noncapital Equipment Account Codes due to the recent revision of Policy 3-041: Accountability for Noncapital Equipment.  The revisions now include THREE CATEGORIES of assets, physical inventory … Continue reading

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Household Moves – New Moving Allowance Payment Form

Due to the Tax Cuts and Jobs Act of 2017, moving expenses paid by the University are taxable to the employee subject to the applicable tax withholding.  Therefore, the University has a new process for new hire household moves.  Instead … Continue reading

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2019 Procurement Updates

Please join the Purchasing Department for a session discussing several topics such as:  Utah Procurement Code and Review UShop eProcurement System PCard highlights Contract Management and TCM highlights Conflict of Interest Year-end Procurement Processes Electronic Payment Requests (ePR) in the … Continue reading

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FY 2019 Year-End Procurement Submission Dates

The last day of the University’s fiscal year is June 30, 2019. Procurement transactions required to be completed prior to the end of FY 2019 are subject to the due dates described below.  The dates shown below are estimates and not … Continue reading

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