Subordinate Bank Account

…Account? A subordinate bank account is a corporate bank account that is linked to the University’s central bank account. The subordinate bank account can be assigned to any department, unit…

PROCNTL Entries and Document Types

…settlment Financial Services, Accounts Payable use only. These documents represent accountable advance settlements. 25XXXXXXXX KT:Accountable adv Financial Services, Accounts Payable use only. These documents represent accountable advance payments. 24XXXXXXXX KZ:Vendor…

AMS and FIS Document Types

…represent accountable advance settlements. 25XXXXXXXX KT:Accountable adv Financial Services, Accounts Payable use only. These documents represent accountable advance payments. 24XXXXXXXX KZ:Vendor payment Financial Services, Accounts Payable use only. These documents…

Overview of Accounting Process for Purchase Orders

…been made, the IR document results in the following posting to the UofT accrual and vendor accounts DR: Accrued Liability account (G/L 537000) CR: Vendor account This entry moves the…

S/4HANA Migration – FIS Documentation and Support

…Create Accounts Payable Vendor Accounts S/4HANA Business Partner – Display Vendor Master Records FS10N – G/L Account Balance Display Report has been replaced by a new version – FAGLB03 –…

Payments Associated with Contractual Agreements

…vendor/service provider does not span across multiple fiscal years. The quantities and prices outlined on the Purchase Order should match the quantities and prices of the vendor/service provider’s approved quotation….

Managing the Fund Groups Used at UofT

…ancillary fund center account Decreased spending power due to: mandated budget cuts voluntary budget constraint due to revenue shortfalls transfer of budget to another operating or ancillary fund center account….

OTA One Time Only Account

When should I use an OTA vendor account? The OTA vendor account should be used only when ALL OF THE FOLLOWING CONDITIONS EXIST: A vendor account does not exist The…

FAQs

…Accountable Advance? OTA One Time Only Account When should I use an OTA vendor account? Printing from FIS – SAP Hints and Tips about printing PROCNTL Entries and Document Types…

Debit or Credit Card Facility

…costs, and charge backs) All credit card payments received by departments must be deposited directly into a University bank account using a University of Toronto merchant account. Caution: funds must…