FIS Glossary

…See the Messages/Alerts column for an explanation of the indicator. Exch.rate TypeEnter ‘M’ in this field. ‘M’ = ‘Standard translation at average rate’, which is the rate used in all…

Travel and Other Reimbursable Expenses – Policies and Guidelines

…of a rate, the rate defaulted by FIS can be used. Documentation showing how the exchange rate was determined must be attached to the claim. Acceptable documentation includes: a redacted…

Currency Exchange on Foreign Awards

…conversion is the prevailing rate at the earlier of: the award start date, and the receipt of the first award instalment.   Exchange Rate Risk In the case of instalment…

Exchange Rate

How do I look up the exchange rate? Menu Path: Accounting >> Financial accounting >> Accounts payable >> Environment >> Current Settings >> Enter Exchange Rates Foreign Exchange Rate Table…

Internal Long-Term Financing Program

…Anthony Tia for details at .   Interest Rates The interest rate will be determined based on market conditions and will be based on the Canadian swap curve plus a…

Budget Preparation and Project Managing in Foreign Currency

…will be received: if the funds are received in U.S. dollars, U.S. dollars can be purchased for expenditures without incurring any exchange loss. Refer to Currency Exchange on USD Awards….

Updates and Changes to the Guide to Financial Management

…documentation requirements for foreign exchange rate has been updated with examples of acceptable documentation (e.g., redacted credit card statement, or print-out from a reputable website).   October 10, 2023 [Ref….

Harmonized Sales Tax (HST)

…GST/HST charged or that the amount paid or payable for each taxable supply (other than zero-rated supplies) includes the GST/HST at the applicable rate. An indication of which items are…

FAQs

…expense reimbursement direct deposit Exchange Rate How do I look up the exchange rate? EXP-UTFA How do I process a payment against EXP-UTFA or PERA (Personal Expense Reimbursement Allowance) for…

External Revenues and External Expense Recoveries

…recovery should be credited to a separate benefit recovery account, using standard benefit rates, and should not be combined with the related salary recovery. Refer to the reference Guide for…