Latest Accounts Payable News

Voucher and Payment Search – Improved

Posted January 6, 2012 in Accounts Payable and tagged .

We’ve made an improvement to the Voucher Payment Search tool to help you more easily locate processed payments. This tool now provides the following three search options when searching by document number; Matches – Results returned which exactly match the entered … Continue reading →

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Payroll Encumbrance Changes Coming January 6th

Posted January 4, 2012 in Financial Reporting and Accounting, Financial Services Technical Support, Grants and Contracts Accounting, Payroll and tagged .

Ever wish you could project payroll commitments through the end of a multi-year research grant? Tired of updating employee distributions only to wait (patiently) for the next payroll cycle before the changes are reflected on encumbrance reports? Then your time has come! Beginning Friday, January 6th, payroll encumbrances will … Continue reading →

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Updated: Payroll Encumbrance Issues Reported

Posted December 8, 2011 in Financial Reporting and Accounting, Financial Services, Financial Services Technical Support, Grants and Contracts Accounting, Payroll and tagged .

Affected payroll encumbrances have been recalculated and now show correct amounts in reports. Previous post… The calculation of some November 30th payroll encumbrances are incorrect due to a timing issue encountered during payroll processing this week. Encumbrances for payroll distributions ending prior to June 30, 2012 were erroneously projected through the … Continue reading →

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Important Direct Deposit Update

Posted December 2, 2011 in Accounts Payable.

While updating the Payroll records for Direct Deposit bank changes, please keep in mind that Accounts Payable also offers Direct Deposit. You can go here if you have not signed up for this option, and are getting scholarship/fellowship payments or refunds … Continue reading →

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Endowment Projections for Q1 FY 2012

Posted November 21, 2011 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for September 30, 2011, is $184.82 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 11, 2011 in Grants and Contracts Accounting, Management Accounting and Analysis and tagged , .

November 11, 2011 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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Financial System Downtime Planned November 11, 2011 through November 12th, 2011 ** Updated**

Posted November 8, 2011 in Financial Services and tagged .

Financial System Upgrade – Questions and Answers What is the upgrade about? This new version will help facilitate various PAM initiatives as well as get our maintenance up-to-date with the latest PeopleSoft delivered application fixes. In addition to maintenance and … Continue reading →

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Scholarship/Fellowship Form Processing Now Handled By Accounts Payable

Posted November 4, 2011 in Accounts Payable, Grants and Contracts Accounting and tagged .

Effective immediately, the responsibility for receipt and processing of Traineeship forms has been reassigned to Accounts Payable. The related forms are now located on the Accounts Payable website, under Payment Methods . These completed forms should now be delivered directly to … Continue reading →

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October Momentum Newsletter is now available

Posted October 3, 2011 in Financial Services.

The Momentum Newsletter is published quarterly and is meant for the use and benefit of the University of Utah Campus Community. Follow the links from this page to see the full articles… A full Printable Version of this newsletter is also available … Continue reading →

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Important update to the Accounts Payable’s purchase order invoice approval process

Posted September 23, 2011 in Accounts Payable and tagged .

After careful consideration of feedback from the campus community and recommendations from the Purchasing Department, purchase order invoices amounting to $50,000 or more still require the buying department’s review and approval-to-pay by a person authorized to sign on the purchase order chartfields. The … Continue reading →

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