Latest Accounts Payable News

Q2 FY 2016 Unit Market Value for Endowment Projections

Posted February 22, 2016 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for December 31, 2015, is $211.78 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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New Look and Functionality for Vendor & Voucher Search

Posted January 27, 2016 in Accounts Payable, Financial Services, Procurement and Supply Management, UShop.

We are pleased to announce that the web applications for Vendor & Voucher Search (available in CIS) have a new look as well as enhanced functionality. These changes are part of an overall UIT initiative to update and improve UofU … Continue reading →

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Sign up for Electronic W2

Posted December 15, 2015 in Payroll, Tax Services and tagged .

ATTENTION: Delivery change for 2015 W-2s and future years. If you do not consent to receive your W-2 electronically by January 14, 2016, then you will only receive a printed W-2 and you will NOT have access to an electronic … Continue reading →

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Q1 FY 2016 Unit Market Value for Endowment Projections

Posted November 23, 2015 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for September 30, 2015, is $211.21 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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FY 2016 Work-Study Funding is Available for Eligible Students in Eligible Positions.

Posted November 18, 2015 in Financial Services and tagged .

Not all student positions are eligible for work-study funding. Please see the Employer Work-Study Handbook for a description of Eligible/Ineligible Positions. If you desire to hire a work-study student in an eligible position, please post the position through Human Resources … Continue reading →

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New Training Available – Unrelated Business Income Tax (UBIT)

Posted October 19, 2015 in Financial Services, FS Training, Tax Services.

When contemplating University activities that are not specifically within our mission, departments need to consider the potential for unrelated business income. This course will provide an overview of unrelated business income by going over the basic concepts and exceptions to unrelated … Continue reading →

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Q4 FY 2015 Unit Market Value for Endowment Projections

Posted September 2, 2015 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for June 30, 2015, is $219.32.00 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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Tax Overview Training Session

Posted August 4, 2015 in Financial Services, Tax Services and tagged .

Tax Services will provide a Tax Overview training session on August 25th in the Park Finance Training Room 404 from 10:30am-11:30am.  This course will give an overview of common University tax issues that departments may encounter including: sales tax, unrelated … Continue reading →

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Momentum Newsletter – Summer 2015

Posted July 28, 2015 in Financial Services and tagged , .

“The Summer 2015 issue of Momentum is here! We have a lot of exciting news to announce – Updates on Ushop! Letter from John Nixon UShop Lite On-Boarding Training Info Sustainability Internal Controls Fact or Fiction UShop Wasn’t built in … Continue reading →

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Accounts Payable Year End Processing Schedule

Posted June 30, 2015 in Accounts Payable and tagged , , , .

Campus Orders for FY15 business must be received in Accounts Payable by 5:00pm, July 8, 2015. Invoices or Payment Requests for FY15 business must be received in Accounts Payable by 5:00pm, July 10, 2015. Please also refer to Financial Reporting … Continue reading →

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