FIS Accounts – Establishing Changing and Deactivating

…Internal orders New internal orders could be required to track revenues and expenditures for an activity with a limited timeframe. To discuss the need for an internal order, contact your…

Accounts Receivable, Collection Responsibilities and Uncollected Amounts

…for external customers. Refer to the section Internal Revenues and Internal Expense Recoveries for processing charges to internal customers. If you are uncertain as to whether a customer is external…

Student Awards

…sources for payments made to external parties. See the section Internal Revenues and Internal Expense Recoveries for a more detailed explantion of these types of transactions. Restricted funds are governed…

Courses & Workshop Material

…paid to processing Internal Revenues and Expense Recoveries. Topics include: Identifying the appropriate FIS screen for each financial transaction Processing Internal Revenues and Expense Recoveries Correcting posting errors using Journal…

Electronic Signatures & Document Retention

…Request Journal Entry (or Internal Revenue / Expense Recovery) Budget Transfers Use of Electronic Signatures Electronic Signatures may be used to indicate the approval of Internal Financial Documents, provided there…

Internal Payments

…in FIS, refer to the reference guide for processing Internal Revenues and Expense Recoveries. Also, refer to the guidelines for Internal Revenues and Internal Expense Recoveries in the Guide to…

Purchase Order Invoices

…Bank Account for purchases up to $500 Note: Any internal University of Toronto-related purchases will be processed via the internal revenue and expense recovery transaction in FIS by the buying…

Introduction to FIS

…program or activity at the general ledger level of detail. Departments and projects are identified in CO through the use of various codes, namely Cost Centers and Internal Orders. CO…

Objective and Responsibilities

…principles of sound internal control such as segregation of duties and proper authorizations and approvals. Head of Faculty/Division Obtains assurance that administrative resources are being used efficiently and use is…

Guide to Completing FIS Master Record Forms

…breakdown based on percentage. Internal Order Group On the IO forms, an internal order group is optional. IO’s are organized in hierarchies, the master record will be placed in this…