Managing the Fund Groups Used at UofT
…is set aside are: Purchase Orders Payroll Reserves Manual Reserves If the operating division found itself in a position where the current expenditure budget was not sufficient to cover the…
…is set aside are: Purchase Orders Payroll Reserves Manual Reserves If the operating division found itself in a position where the current expenditure budget was not sufficient to cover the…
The Banking Section provides guidance and assistance in setting up a debit or credit card facility to allow University departments to accept payments other than via cash, cheque or wire…
…budget unit will notify the Secretary of the Governing Council of all approved non-research projects. Signatures on the application for non-research funding and signatures for the approval from the budgetary…
…Non-Research 2 ZFTR094 – Monthly PI Report 3 ZHJR_ZHJR004 – Payroll Distribution Report (and for Archived Data) 4 ZFTR055 – Budget Movement Report for Funds Centers OR ZFTR055_FUNDS – Budget…
…For specific processes for each of these types of payment, please refer to the sections below: Courier Payments Brokerage Payments Freight Payments Courier Payments Procurement Services has negotiated discounts…
…following sub-sections address the financial objectives and the accounting treatment for prepayments: Financial Objectives Acceptable Payment Terms Payments to Hospitals or Other Institutions to Recover Expenses Accounting for Prepayments …
…The posting entry: can involve more than one company code; i.e. UofT and FLDI (Fields Institute) can be posted in non-CAD currency will include a mix of balance sheet account…
…to insufficient funds, while external parties continue to receive payments or credits. An example would be rejects for student award payments processed through ROSI/FICA. Students receive credits in their accounts,…
…wires, and post the related entries to departmental accounts once payments have been made, Investigate and correct purchasing card rejected transactions Monitor payments to ensure they have been made in…
…each fund to facilitate payments to students when donations are received after payments are made. It is crucial that fund managers review their funds and make award payments only when…