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Debit or Credit Card Facility

…transfer. Here is a summary of the issues that need to be considered when setting up such a facility, the processes you need to be aware of in order to…

Purchasing and Payments to Vendors

…cover the various methods of payment when purchasing from vendors: Purchase Order Invoices Certified Invoices Payments Without Invoices Processed Through FIS Petty Cash Imprest Expenditure Bank Account Types of Payment…

FIS Course/Workshop Material

Purchase Orders Course 7: Logistics Part 2 – Goods Receipts and Invoice Receipts Course 8: Basic Funds Management Reporting Course 9: Basic Controlling Reporting Workshops Managing Travel & Other Reimbursable…

Budgeting and the Operating Fund

…revenues are reflected in salary commitments, purchase order commitments, manual reserves and in-year funding transfers. In arriving at a forecast, future expenses not yet reflected in the account must be…

Reversing Outstanding Purchase Order GR/IR Variances for Year End

Reversing Outstanding Purchase Order GR/IR Variances for Fiscal 2017 Year End…

Forms for Processing in FIS

…recommend using any web browser to open the form as most have issues with fillable PDF forms. Accounts Receivable Invoice (CAD) (*PLEASE INFORM ALL CUSTOMERS OF THE NEW ADDRESS TO…

Deposits to the Cashier’s subordinate account(s)

Effective January 1, 2025, all cash receipts must be self-deposited to a CIBC Branch the sooner of weekly or when cash receipts total $500, into a University of Toronto bank…

Employee versus Independent Contractor and Taxation of Payments (HRIS vs FIS)

…research) of the University? Assistance Each situation has to be considered carefully in order to determine the status. It is not necessary for all criteria to apply in order for…

Long-Term Capital Appreciation Pool (LTCAP)

…purpose of the LTCAP is to provide cash flows that will grow each year at least at the rate of inflation in order to preserve the purchase power of the…

Invoice