Latest Accounts Payable News

Exciting Addition to FBS Web Presence

Posted September 3, 2008 in Financial Services and tagged , .

Two new FORMS pages have been added to the FS web presence. This will enable visitors to have access to all the FS forms in one place. The forms are sorted alphabetically and by department. A FORMS link on the top row of the … Continue reading →

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Budget Amounts Listed on Management Reports

Posted August 7, 2008 in Financial Reporting and Accounting, Financial Services Technical Support and tagged , .

Budget Amounts Listed on Management Reports In connection with the implementation of the VISION budget system, budget amounts on monthly Management Reports may reflect budgeted amounts through the current month as opposed to an annual amount. This is a change … Continue reading →

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Steps to ensure that “Auto-numbered” forms work correctly in Internet Explorer 7

Posted August 4, 2008 in Accounts Payable, Financial Reporting and Accounting, Grants and Contracts Accounting, Procurement and Supply Management and tagged .

It has been discovered that when creating multiple Journal Entries, that the auto-numbering feature may not work correctly. If a user is creating Journal Entries and clicks “Reset Form” after the first form is complete, the next form does have … Continue reading →

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Easier to Read Documents in Management Reports

Posted July 28, 2008 in Accounts Payable, Financial Reporting and Accounting, Financial Services Technical Support, Grants and Contracts Accounting and tagged , .

Documents in Management Reports are now being displayed in PDF format. The PDF images are clearer and easier to read. A new added feature is the ability to view documents where there are duplicates. If a duplicate exists, more than … Continue reading →

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Credit Card Security Standards (PCI DSS)

Posted July 17, 2008 in Income Accounting and tagged .

All departments accepting credit card payments by any means, including third party software are subject to Payment Card Industry Data Security Standards. (PCI DSS) The Income Accounting and Student Loan Office along with the Compliance Office of OIT will be … Continue reading →

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Mileage Rate Increase: 58.5 cents per mile

Posted June 27, 2008 in Travel and tagged .

Due to rising fuel costs, the IRS has increased the mileage rate to 58.5 cents per mile for business related private automobile expenses incurred after July 1, 2008. Please refer to the Schedule of Allowable Rates.

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Annual Reminder for Principal Investigators and Key Personnel Charges

Posted June 13, 2008 in Grants and Contracts Accounting, Management Accounting and Analysis and tagged .

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. Recently the auditors of grants and contracts have been concerned that Key … Continue reading →

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Editorial Changes to PPM 3-7 – Please Review

Posted June 6, 2008 in Controller, Financial Reporting and Accounting and tagged , .

Financial & Business Services has made editorial changes to PPM 3-7, Authorizations and Approvals Required for Financial Transactions. We have made changes to the language of the policy to better reflect procedures of electronic approval and delegation that are beginning … Continue reading →

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Endowment Projections – Q3 FY 2008

Posted June 2, 2008 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for March 31, 2008, is $211.56 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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Learning Opportunity for Departmental Business Administrators

Posted May 20, 2008 in Financial Services and tagged .

WACUBO, the Western Association of College and University Business Officers, offers an annual learning experience for central and departmental business administrators. Participants play many different roles in their institutions; they are academic officers, staff and other mid-level personnel who perform … Continue reading →

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