Latest Accounts Payable News

Tax Rate Changes

Posted December 15, 2008 in Tax Services and tagged .

Effective January 1, 2009, the statewide general sales tax rate will increase .05 percent, affecting rates throughout Utah. Go to https://tax.utah.gov/sales/rates.html to see the new combined rate for all localities. The new Salt Lake City, in Salt Lake County general … Continue reading →

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Many Older Endowments Still Not Invested In Endowment Pool

Posted December 11, 2008 in Endowment & Investment Accounting, Financial Reporting and Accounting.

In 1991, the University created the Endowment Investment Pool (Pool). At that time, the University’s Board to Trustees (Board) required that all subsequently established endowments must be invested in the Pool. For endowments in existence when the Pool was created, … Continue reading →

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Endowment Projections – Q1 FY 2009

Posted December 9, 2008 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for September 30, 2008, is $187.62 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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Payment Card (Credit Card) Acceptance Policy – New Policy 3-070

Posted December 9, 2008 in Income Accounting, Payment Card Acceptance/E-Commerce and tagged .

The Board of Trustees has approved a new policy (Policy 3-070) which addresses both internal and external standards as they relate to the acceptance of credit cards for a variety of University services, such as tuition payment and ticket sales. … Continue reading →

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Financial Web Server Issues Resolved

Posted December 4, 2008 in Accounts Payable, Financial Reporting and Accounting, Financial Services Technical Support, Grants and Contracts Accounting, Income Accounting, Payment Card Acceptance/E-Commerce, Procurement and Supply Management, Property Accounting, Purchasing Card.

The Financial Web Server has experienced intermittent problems the last few weeks. Some of the applications affected by this were: Management Reports, Limited Purchase Checks, PO applications and others. Your patience while we attempted to solve the problems is appreciated. … Continue reading →

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Improvements to Transaction Detail Search-Journals

Posted December 2, 2008 in Financial Reporting and Accounting, Grants and Contracts Accounting and tagged , .

The Transaction Detail Search for journals has been improved. The page has been redesigned making it more informative and user friendly. Links have been added to the page to provide additional information, which will help the user obtain information necessary … Continue reading →

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Printing Services’ Images Now Available

Posted November 19, 2008 in Financial Reporting and Accounting, Financial Services, Grants and Contracts Accounting and tagged , .

Publication & Printing Services’ documents are now available for viewing via Management Reports located under ‘Financial & Business Services’ in CIS. Should you experience a ‘Document Not Found’ error message when using the spyglass to access a document, please wait … Continue reading →

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New WEB Server for University Financial Applications

Posted November 13, 2008 in Financial Services.

A new WEB Server now hosts the University Financial Applications (Management Reports, Chartfield Lookups, etc.). This change should be transparent to the End-User. Please contact someone in Financial and Business Services immediately if you experience any problems.

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Business Unit 03 GL Processing

Posted September 18, 2008 in Financial Services and tagged .

As a reminder, effective July 1, 2008, GL Business Unit 03 should not be used. All general ledger transactions for the University Neuropsychiatric Institue (UNI) are now being directed to new Orgids in Business Unit 02. If you need help … Continue reading →

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Endowment Projections – Q4 FY 2008

Posted September 3, 2008 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for June 30, 2008, is $208.16 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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