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FIS Glossary

…Orders. Order NameThe full name of an internal order. Order PlanA management tool for planning expenditures and revenues in internal orders, similar to the budget in FM. Internal order plans…

Internal Revenues and Internal Expense Recoveries

…T File Plan Accounting for Internal Revenues and Internal Expense Recoveries Processing Internal Revenues and Internal Expense Recoveries Additional Assistance   Internal Transactions An “Internal” transaction must meet the following…

FAST Tips Newsletter

…E-Signature for internal financial documents August 2024 Next up- September Lunch n’ Learn – Customizing FIS Line Item Reports to Meet your Business Needs Notice of New Guidelines for Payments

AMS and FIS Document Types

…cashier’s office). 30XXXXXXXX SI:Internal Revenues / Expense Recoveries Opened, effective May, 2007, for use to process Internal Revenues/Expense Recoveries (i.e. sale of goods/services between UofT departmental units, and recovery of…

PROCNTL Entries and Document Types

…YG:Voice Comm intfc These documents represent internal telecommunications charges. 66XXXXXXXX YH:SECURID These documents represent internal charges for SecurID cards. 67XXXXXXXX YJ:Fees interface These documents represent student fees payments for accounts…

Revenues and Expense Recoveries

…important sections in this area: Why is the Distinction Between Internal and External Important? Internal and External Transactions Internal Revenues and Internal Expense Recoveries External Revenues and External Expense Recoveries…

Objective and Responsibilities

…department. Ensures that all payments made are authorized. Ensures payments made are consistent with contracts and services and that they are performed in accordance with the terms specified. Ensures adequate…

Foreign Payments

The University annually makes a large number of payments to suppliers outside Canada. This section describes how these payments are handled. U.S. Payments Foreign Payments Foreign Drafts Foreign Payments by…

Capital Assets

…of Procurement Services will determine/approve the fair market value, as detailed in the Procedures for Disposals or Internal Sales of Capital Assets. Approvals of Internal Sales Category of Internal Sale…

FAST Monthly Lunch and Learn Sessions

…honorariums are appropriate and not Tax and payroll considerations Honorarium payments for voluntary services performed in Canada vs. abroad Processing honorarium payments in FIS vs. Payroll Services/HRS Presentation Slides Additional…