UTSC Business Officer – FIS Reference Page

…and Cost Centers? Commitment Accounting Assignments Report (a.k.a. Linking Table) – shows what Cost Centers/Internal Orders are linked to what Funds Centers Cost Centers and Internal Orders: What’s the difference?…

Business Officer Resource Page – Financial Administration at the University

…to what Funds Centers Cost Centers and Internal Orders: What’s the difference? Cost Centers, Internal Orders or Assignment Fields. Which one is just right? How do I know what G/L…

Updates and Changes to the Guide to Financial Management

…to internal financial records at the University of Toronto. This update includes recommendations for how to apply E-Signatures for eligible internal financial records. It also provides guidelines for electronic document…

Payments Without Invoices Processed Through FIS

…of the buying department. Refer to Internal Revenues and Internal Expense Recoveries for additional guidelines. 5. Small Payments Consider direct payment by the department: by using the departmental purchasing card….

Managing the Fund Groups Used at UofT

…(see section on internal revenues and expense recoveries) Long term: Self-funded revenue generating activities (internal/external invoice) Funding “contributions” from other fund groups (interfund transfers) Ancillary Operations The ancillary operation accounts…

Cash Float Accounts

…Increase Complete the Cash Float Form and submit along with a completed Cheque Request Form to the Financial Services Department, as above. Decrease Complete an Internal Cash Receipts Deposit Form…

Source Documents and the Audit Trail

…by the individual receiving the goods. If not done on-line, a goods receipt document must be completed and forwarded to the individual processing the invoice. Internal cash receipt The internal…

Workshop – Updating CO Plans to Operating Budgets

…Excel Template Internal Order Plan Upload – Excel Template Article: Using the Long Text in your Cost Center/Internal Order Plans Simulation: Understanding the Linking Table and its Impact on the…

Course 4: G/L Account Postings – Basic Data Entry

…– Create Journal Entry Exercise 2 (Processing an Internal Revenue/Internal Expense Recovery) Reference Guide 1 – Post Simulation 1 – Post Exercise 3 (Processing a Deposit – Internal Cash Receipt):…

Imprest Expenditure Bank Account

…help assess the effectiveness of your unit’s systems of internal control and to facilitate making changes that improve it. Key Requirements Departmental Responsibilities: Assess whether an imprest expenditure bank account…