FIS Glossary

…Include Subordinate FC Include Subordinate FCTR’s Including Funds Center Init Internal order Internal Order number Interval in months Inv. Receipt Invoice date Invoice Doc# Item Item long text Item note…

Internal Revenues and Internal Expense Recoveries

…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…

AMS and FIS Document Types

…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…

PROCNTL Entries and Document Types

…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…

Revenues and Expense Recoveries

…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…

Objective and Responsibilities

…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…

Foreign Payments

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…

Capital Assets

…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…

FAST Tips Newsletter

…Report Can OTA vendor payments be sent as a Electronic Funds Transfer (EFT)? Do you have Funds that are ending before the new FY with outstanding POs? SIMULATION: How to…

Imprest Expenditure Bank Account

…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…