…airfare fields) Simulation: Enter Expense Reimbursement (Cheque) or A/P Invoice in FIS (with additional required airfare fields) Simulation: Enter Expense Reimbursement Direct Deposit (ERDD) in FIS (with additional required airfare…
…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…
…of operations a statement of changes in net assets statement of cash flows notes to the financial statements which describe the University’s accounting practices and provide additional information on the…
…Assets (account numbers 100000 – 499999) examples of asset accounts include cash, accounts receivable, inventory, land, buildings, equipment and investments. Liabilities (account numbers 500000 – 599999) examples of liability accounts…
…on Petty Cash or Imprest Expenditure Bank Account for specific guidelines. (*) a sole proprietor is a self-employed individual where The business is not incorporated; The individual has sole responsibility…
…part of its overall cash management responsibilities. Divisions entering into loan arrangements will be responsible for the blended equal monthly repayments of principal and interest. Approvals Required Please contact…
…Financial Services Department (FSD) Nature of the Financial Report The financial reporting addressed in this section includes reports on cash receipts, budgets, outstanding commitments and expenses as well as University…
…reflected in the University’s financial system through the normal purchase order process) Place your order with the vendor and request an invoice for payment (this section) Use your Petty Cash…
…Financial Objectives University Financial Objectives: In accordance with sound risk management, the University should issue payment only when the vendor has delivered the goods or services as ordered. Effective cash…
…and divisions. This information not only signals possible overspending problems but also provides input to cash flow analysis which is critical to forecasting investment income, a significant revenue component in…