Supplier Fraud Alert

Suppliers should be aware of potential fraud activity requesting delivery of goods to a non-University of Toronto location. The emails in question do not use standard University of Toronto email…

Divisonal Operating Reserves

…of the Budget Carry Forward Report in FIS. For most departments the financial statement class will be academic. For divisions with various non-academic departments under its reporting hierarchy (i.e. UTSC,…

Invoice Receipt

This section includes support documentation pertaining to Purchase Orders Invoice Receipts…

Forms for Processing in FIS

…; PDF Petty Cash/Imprest Open/Change Custodian/Increase (new Dec 2021) PDF ; Instructions Petty Cash/Imprest-Request for Reimbursement Closure/Decrease (new Jul 2018) Excel; PDF; Instructions Outgoing Foreign Payments Wire Transfer Request (revised…

Payments to Hospitals or Other Institutions to Recover Costs

In carrying out its academic and research mission, the University is involved in financial arrangements with other institutions such as hospitals, Federated Colleges, etc. This section addresses institutional billings to…

Internal Revenues and Internal Expense Recoveries

…The primary concerns are: reporting accuracy – when payments are from research grants or other restricted awards, attention must be paid to the fiscal period of the award. compliance with…

Accounts to Record Deposits Received

…departments to record each individual deposit as a separate line in FIS, record each payment as a separate line, and clear payments against deposits in FIS which should be offset….

Source Documents and the Audit Trail

…to the approver. Attach (to the completed form) individual supporting receipts or the envelope containing receipts with the total of the claim written on the envelope. Payments without invoices processed…

Debit Card or Credit Card Facility

The Financial Services Department provides guidance and assistance in setting up a Debit Card or Credit Card Facility to allow University departments to accept payments other than via cash and…

Incoming Wire Transfers

This section covers the process and responsibilities surrounding incoming wire transfers except for payments of accounts receivable invoices *, i.e. situations where a department is aware of monies to be…