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Travel and Other Reimbursable Expenses – Policies and Guidelines

…3. Foreign Exchange In translating expenses paid in foreign currencies, the rate to be used should be as follows: For cash payments, the rate paid when the foreign currency was…

FIS Glossary

…TypeEnter ‘M’ in this field. ‘M’ = ‘Standard translation at average rate’, which is the rate used in all standard foreign exchange transaction postings at UofT. Exchange rateThe rate of…

Currency Exchange on Foreign Awards

…conversion is the prevailing rate at the earlier of: the award start date, and the receipt of the first award instalment.   Exchange Rate Risk In the case of instalment…

Updates and Changes to the Guide to Financial Management

…the destination city (e.g. hotel, taxi, restaurant) requires no additional proof of travel. Credit card statements are generally not required, except in rare circumstances such as when the exchange rate

Exchange Rate

How do I look up the exchange rate? Menu Path: Accounting >> Financial accounting >> Accounts payable >> Environment >> Current Settings >> Enter Exchange Rates Foreign Exchange Rate Table…

Internal Long-Term Financing Program

…comparable loan in the open market. Timing of Rate Determination: The interest rate (swap rate plus spread) for long-term debt will be set at the time the project and the…

Budget Preparation and Project Managing in Foreign Currency

…will be received: if the funds are received in U.S. dollars, U.S. dollars can be purchased for expenditures without incurring any exchange loss. Refer to Currency Exchange on USD Awards….

Concur FAQs

…in rare circumstances such as when the exchange rate charged on the credit card varies significantly from the official exchange rate for that date and is flagged by Concur for…

Harmonized Sales Tax (HST)

…GST/HST charged or that the amount paid or payable for each taxable supply (other than zero-rated supplies) includes the GST/HST at the applicable rate. An indication of which items are…

FAQs

…expense reimbursement direct deposit Exchange Rate How do I look up the exchange rate? EXP-UTFA How do I process a payment against EXP-UTFA or PERA (Personal Expense Reimbursement Allowance) for…