PROCNTL Entries and Document Types

…exchange. 13XXXXXXXX SR:Rel held donation These documents represent the release posting from the Donation on hold status to the expendable or endowed status for donations. 33XXXXXXXX VA:DIS:Gift payment These documents…

Research Funding

…Reporting to Sponsors Entries at the end of an Award Period for Restricted Funds Ownership of Equipment and Related Matters Currency Exchange on Foreign Awards Inventions, Commercialization and Entrepreneurship  …

AMS and FIS Document Types

…51XXXXXXXX RV:Billing doc.trans These documents represent internal F&S recovery billings. 90XXXXXXX SK:GST rebate adjmt Automatic posting for GST adjustments on foreign currency exchange. 13XXXXXXXX SR:Rel held donation These documents represent…

Electronic Signatures & Document Retention

…Digital Signature is a type of Electronic Signature that uses certificate-based digital IDs to authenticate signer identity and demonstrate proof of signing. Digital signatures use specific technology to generate electronic…

Concur FAQs

…you don’t need to take any additional steps—your reimbursement will be automatically deposited into your existing bank account. Will the system integrate with our Financial Information System (FIS)? Yes, both…

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

…of the University Withholding and remittance of income taxes, EI and CPP. Cost of University contributions to EI and CPP borne by the hiring department through the standard benefit rate….

Payroll and the HST

…Threshold If the individual’s annual Canadian taxable and zero-rated sales do not exceed $30,000, the individual is not required to collect HST, unless the person has otherwise elected to register…

Non-Research Grants and Contracts

…appropriate provision for indirect costs. This provision is generally expressed as an overhead rate applied to all direct costs or to a specific category of direct costs. Refer to the…

Accounts Receivable, Collection Responsibilities and Uncollected Amounts

…Code If the accounts receivable invoice includes two items, each with different tax rate applications, then a different tax code should be used on each line of the invoice; Examples…

HST – University Sales

…have been made by the University (e.g. certain taxable employee benefits and changes of use for capital property HST Not Applicable Zero-rated Sales The following are examples of sales taxed…