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Prepayments

…fiscal period should be recorded as prepaid expenditures and excluded from reports of current expenses. Where prepayments cannot be avoided, year-end adjustments can be made to the accounts, i.e. for…

Foreign Payments

…detailed process for entering foreign invoices and expense reports: Create Invoice (Non Purchase Order Related) Expense Reimbursement Dual Currency Expense Reimbursement Single Currency Foreign Payments by Wire Transfer Payment via…

Records Management – Payments to Vendors

…would include (but are not limited to) the following: Departments – packing slips / receiving reports, purchasing card statements, supplier invoices, journal entries, budget transfers, imprest bank account statements, petty…

Developing and Implementing Policy

…website. The Business Board has one standing committee – the Audit Committee. The Audit Committee receives reports from the administration and from the internal and external auditors. It acts as…

Course 1: FIS Overview

…Funds Centers and Cost Centers Knowledge Centre – Understanding the Relationship between GL Accounts and Commitment Items UofT Annual Financial Reports GTFM Policy – Budgeting – Explanation of all Sources…

Course 2:  Accounts Payable Processing Part 1 – Basic Data Entry

…Centre – How can you check if an invoice has been processed in FIS when you don’t know the Document # Knowledge Centre – Using Line Item reports to view…

eLearning Courses

…budgets and actuals within FIS Interpret FIS reports that identify HRIS salary and benefits postings. Transfer vacation payouts to staff when they move roles within the university. NOTE: Once you…

Planning & CO Reporting

This section includes support documentation pertaining to planning and CO Reporting….

Budgeting

This section includes support documentation pertaining to budgeting operating funds….

Goods Receipt

This section includes support documentation pertaining to Purchase Order Goods Receipts….