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Prepayments

Vendors supplying the University with goods and services, and institutions incurring expenditures in advance of the complete business cycle on behalf of the University, may request prepayment. Prepayment of purchases…

Summary of Year-end Deadlines and Contact Information

…Vendor accounts, please email . Purchase Orders up to $49,999.99 Purchase Orders up to $49,999.99 can be processed directly into FIS as usual. Note: Should you need to make a…

Introduction to FIS

…of customer accounts used to track the outstanding dollar value of monies which are owed to UofT by students, governments, granting agencies and external clients that purchase goods and services…

Electronic Signatures & Document Retention

…when approving a vendor invoice, the name of the vendor, the invoice number and the amount of the invoice being approved should be included in the email). The information may…

Managing the Fund Groups Used at UofT

…benefits of faculty and staff Purchase of: Equipment Supplies Contract services, etc In order to ensure that sufficient budget is maintained to cover expenditure requirements not yet realized, encumbrance accounting…

HST

…For example: I receive an invoice from a US vendor for goods I purchased and were shipped to our lab. The invoice does not show any taxes. Should I self…

Gifts-in-Kind (Non-Monetary Donations)

…determine the ability and timing of a receipt being issued. Gifts-In-Kind NOT ELIGIBLE for tax receipt: The following Gifts-In-Kind do not qualify as charitable donations under the Income Tax Act:…

The Cashier Function

…to these receipts. Where cash register or credit/debit card customer receipts are not system generated, consideration should be given to issuing pre-numbered receipts. The numerical continuity should then be verified…

Documentation & Support

Expand All | Collapse All Logistics Purchase Requisition Purchase Order Goods Receipt Invoice Receipt Financial Accounting General Ledger Accounts Receivable Invoice Reimbursements Controlling Planning & CO Reporting Funds Management Budgeting…

Updates and Changes to the Guide to Financial Management

…in the form of an email statement from the person who incurred the expense. Please see the Key Principles for the relevant guidance.   Receipt Requirements for Foreign Exchange Receipt