Latest Accounts Payable News

CO and JE Document Images

Posted October 26, 2005 in Accounts Payable, Financial Reporting and Accounting, Financial Services Technical Support, Grants and Contracts Accounting and tagged .

A new feature is now available on the Management Reports. Images of General Journal Entries delivered to Financial Reporting & Accounting for input (Src = GA), Campus Orders (Src = CO) , and Thermidor Journals (Src = THM) are now … Continue reading →

Comments Off on CO and JE Document Images

Mileage Rate Increase

Posted September 13, 2005 in Travel and tagged .

The IRS has raised the mileage rate in response to the current gas prices. The increased rate of 48.5 cents will be reimbursed for all travel claims that occurred on or after September 1, 2005. This rate will remain at … Continue reading →

Comments Off on Mileage Rate Increase

Separate Checks

Posted September 8, 2005 in Accounts Payable.

As Check Requests are vouchered into PeopleSoft, the voucher is scheduled for payment based upon pre-existing settings from the Vendor and the AP Business Unit tables. PeopleSoft, like any other enterprise accounting system, takes on the perspective that it should … Continue reading →

Comments Off on Separate Checks

Airfare Costs Guidelines

Posted September 8, 2005 in Financial Services, Travel.

We have released guidelines to assist departments in making appropriate airfare reservations. Airfare costs should not exceed state contracted fares to any destination or connection city where the contract fares are available. Departments will be provided with contracted fares when … Continue reading →

Comments Off on Airfare Costs Guidelines

July Interest

Posted August 15, 2005 in Financial Reporting and Accounting.

Interest for the month of July is not recorded in the July Management Reports. There was a problem with the interest calculation. Rather than delaying the distribution of the July Management Reports it was decided to close the month of … Continue reading →

Comments Off on July Interest

Date Change for Scholarship/Fellowship Checks

Posted July 26, 2005 in Accounts Payable, Grants and Contracts Accounting.

Starting in September 2005, all Traineeship checks will be sent out on the first working day of the month, instead of the sixth day of the month. This change was requested by the departments to enable the Traineeship recipient to … Continue reading →

Comments Off on Date Change for Scholarship/Fellowship Checks

June Endowment Pool Income Distribution

Posted July 20, 2005 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The market value adjustments and posting of income for the Endowment Pool will be recorded in the Thermidor period and will be done in time to be reflected in the beginning balances for the July Management Reports. Actual year-end balances … Continue reading →

Comments Off on June Endowment Pool Income Distribution

Recurring Journal for FY2006

Posted July 7, 2005 in Financial Reporting and Accounting and tagged .

This is a reminder that recurring journal entries need to be renewed each fiscal year. Those who need recurring journal entries for fiscal year 2006 should submit them to Financial Reporting & Accounting as soon as possible to include them … Continue reading →

Comments Off on Recurring Journal for FY2006

Limited Purchase Checks

Posted June 2, 2005 in Accounts Payable and tagged .

The Limited Purchase Check Positive Pay system was made available for “live” production in February 2005. Accounts Payable has since evaluated problem situations related to the positive pay process. On June 6 a new processing fee structure will go into … Continue reading →

Comments Off on Limited Purchase Checks

Management Report Journal Detail Improvements

Posted April 28, 2005 in Financial Reporting and Accounting, Grants and Contracts Accounting and tagged .

The Line Reference link for Vouchers in the Management Report Journal Detail have been improved in the CIS. When you click the link you will now go directly to the Voucher and Payment Detail History instead of having to first … Continue reading →

Comments Off on Management Report Journal Detail Improvements