ERDD – Web Application: Documentation & Support

…| DOCUMENT How to Enter an ERDD – Web Application (For Others – with AMS Posting Access): SIMULATION | DOCUMENT How to Enter an ERDD – Web Application (For Yourself…

Courier, Brokerage & Freight Payments

…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…

HST

…entries to ensure that the posting, (i.e. tax treatment derived from the Kuehne and Nagel coding) was appropriate. SALES Where can I find a quick reference guide for HST applicability…

Budget Changes – The Decision Process

…the Business Board. For Business Board approved transfers, the transfers are processed by the Financial Services Department through journal entries and not through budget transfers. When an expense is funded…

Research Funding

…Spending Research Funding (Financial Services and Other Central Departments’ Support) Indirect Costs (Overhead) Recoveries: Accounting, Distribution, and Reporting Budget Preparation and Project Managing in Foreign Currency Reporting to Sponsors Entries…

Cash Float Accounts

…as the new custodian of the designated amount of cash. Since this is simply the reassignment of a cash asset, there are no entries to the department’s revenue or expense…

Deposits with the Cashier

…Prepare journal entry to record the transaction in FIS Deliver the cash and deposit report to the Cashier Verify deposit and accounting entries Cashier’s Responsibilities: Verify and confirm deposit Deposit…

Payment Inquiries

…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…

Budgeting

…journal entries to transfer the divisional contribution to the capital projects. Monitoring Project Management manages and oversees all major construction and renovation projects for all three campuses at the University…

Reporting to Sponsors

…investigator submits the final research report. Again, divisional delays in providing information and documentation essential to submission of financial reports or invoices may result in failure to meet the terms…