Debit or Credit Card Facility

…All What You Need to Consider Before Setting up a Debit/Credit Card Facility? Many departments have already put in place facilities to accept debit/credit cards via point of sale (POS)…

FIS Glossary

A Account Account Assignment Category Account no. Account No. Description AcctAssnCat Act. Costs Action Active Funds Only Actuals Allocation Amount Amount in doc. Curr. Amount in doc.curr. Amount in LC…

Payment Terms

…However, there are costs associated with debit cards or credit cards, including: the cost of the credit card tele-deposit equipment / POS equipment; commissions payable to the credit card companies…

Travel and Other Reimbursable Expenses – Policies and Guidelines

…travel suppliers. 1. Personal Credit Card Personal credit cards can be used to pay for travel-related expenses. Reimbursement of eligible costs can be requested as soon as these costs have…

Accounts Receivable, Collection Responsibilities and Uncollected Amounts

…Canadian and USD Accounts Receivable Invoice forms are used for invoices and credit invoices. A credit invoice should be used whenever an original invoice needs to be reduced or cancelled…

Credit Memo

What do I do with a credit memo received from a OTA vendor? Credit memo’s cannot be processed against an OTA vendor account. The correct procedure is to contact the…

Objective and Responsibilities

…the account of Governing Council of the University of Toronto) and deposited promptly. Maintains detailed listing of receipts and accounts to be credited and agrees to the monthly statement of…

AMS and FIS Document Types

…Vendor Invoice screen. 235XXXXXXX KG: A/P Vendor credit Open for use for processing credit memos to permanent vendors only. Do not use for any 99XXXX (OTA) vendor number series. 19XXXXXXXX…

PROCNTL Entries and Document Types

…Services, Accounts Receivable use only. These documents represent recurring entries for receivables. 29XXXXXXXX DG:Cust credit memo Financial Services, Accounts Receivable use only. These documents represent credit memo entries for receivables….

Source Documents and the Audit Trail

…with the cheque, use the Alternative Payee function to redirect the cheque to you for mailing. Credit memo The vendor’s credit memo is the supporting document. Credit memos for an…