Managing Risk – Insurance and Contracts

…Control supply inventories: restrict access, keep adequate records, minimize obsolescence by avoiding overstocking and using appropriate distribution methods. Cash Minimize cash on hand and exercise appropriate cash security measures. See…

Revenues and Expense Recoveries

…cash flows versus the “reallocation” of existing cash flows among internal units. Generally speaking, a financial transaction is considered “external” to the University if there is a net impact on…

ERDD – Web Application: Documentation & Support

…Articles Who is eligible to receive Expense Reimbursement Direct Deposit (ERDD)? How often does payment for an Expense Reimbursement Direct Deposit (ERDD) take place? How do I locate the vendor…

Workshop – Managing Refundable Deposits

Expand All | Collapse All Pre-class Material Workshop Slides In-class Material Workshop Slides Workbook Reference Guides Exercise 1 : Create Cash Receipt for Refundable Deposit | SIMULATION Exercise 2: Repayment…

Fiscal Year-end Closing Procedures

…Accounts Receivable Invoice deadline at depositing all cash received for cash sales and recoveries directly to the bank or to the Cashier’s Office by the Cashier/Bank Deposit deadline. preparing…

Payment Inquiries

…/ Increase Petty Cash Form – Excel ; PDF Instructions for Completion – PDF Replenish / Decrease / Close Petty Cash / Imprest Form –Excel; PDF Instructions for Completion –…

General Ledger

This section includes support documentation pertaining to General Ledger transactions such as Journal Entries, Internal Revenues/Expense Recoveries and Cash Receipts…

Payments Without Invoices Processed Through FIS

…by disbursing out of petty cash where payment in cash is practical. by issuing a cheque on the departmental imprest expenditure bank account, if the department has one. Where there…

FIS Accounts – Establishing Changing and Deactivating

…created automatically via an interface with HRIS, All other vendors are created by Accounts Payable, Financial Services Department, including: Petty Cash Accounts, Imprest Expenditure Bank Accounts, Accounts to Record Deposits…

Debit Card or Credit Card Facility

The Financial Services Department provides guidance and assistance in setting up a Debit Card or Credit Card Facility to allow University departments to accept payments other than via cash and…