FIS Glossary
…Order NameThe full name of an internal order. Order PlanA management tool for planning expenditures and revenues in internal orders, similar to the budget in FM. Internal order plans may…
…Order NameThe full name of an internal order. Order PlanA management tool for planning expenditures and revenues in internal orders, similar to the budget in FM. Internal order plans may…
…T File Plan Accounting for Internal Revenues and Internal Expense Recoveries Processing Internal Revenues and Internal Expense Recoveries Additional Assistance Internal Transactions An “Internal” transaction must meet the following…
…cashier’s office). 30XXXXXXXX SI:Internal Revenues / Expense Recoveries Opened, effective May, 2007, for use to process Internal Revenues/Expense Recoveries (i.e. sale of goods/services between UofT departmental units, and recovery of…
…YG:Voice Comm intfc These documents represent internal telecommunications charges. 66XXXXXXXX YH:SECURID These documents represent internal charges for SecurID cards. 67XXXXXXXX YJ:Fees interface These documents represent student fees payments for accounts…
…important sections in this area: Why is the Distinction Between Internal and External Important? Internal and External Transactions Internal Revenues and Internal Expense Recoveries External Revenues and External Expense Recoveries…
…department. Ensures that all payments made are authorized. Ensures payments made are consistent with contracts and services and that they are performed in accordance with the terms specified. Ensures adequate…
The University annually makes a large number of payments to suppliers outside Canada. This section describes how these payments are handled. U.S. Payments Foreign Payments Foreign Drafts Foreign Payments by…
…Services will determine/approve the fair market value, as detailed in the Procedures for Disposals or Internal Sales of Capital Assets. Approvals of Internal Sales Category of Internal Sale Approvals Sale…
…Purchases. ** Payments Associated with Contractual Agreements Payments to Hospitals or Other Institutions to Recover Costs Prepayments Courier, Brokerage and Freight Payments Foreign Payments Goods and Services Tax (GST) *…
…payments. See GTFM section: Human Resources, Payroll & Benefits – Employee versus Independent Contractor / Taxation of Payments. However, payments for personal services which are very small, non-routine and non-recurring…