Finance - Recent News Releases

Accounting Posts New and Updated Equipment/Property Processes on Business @ Purdue - 11/10/09

Accounting Services has updated its equipment/property accounting processes located on Business @ Purdue. More...

Recommended Annual Accounts Receivable Write-off Approved - 10/1/09

The approved SAP/PSCD Accounts Receivable write-off was processed and transferred to the general ledger on Friday, Sept. 25. More...

Process for Study Abroad Program Added to Business @ Purdue - 09/1/09

The Office of Programs for Study Abroad has formalized the process for developing and implementing a study abroad program. More...

Temporary Moving Allowance Procedures Going Into Effect - 08/20/09

The Tax and Payroll departments will implement temporary moving allowance procedures to better serve the immediate needs of the business offices and new employees. More...

TIP: Use ‘Save as Complete’ Button for Journal Vouchers Created with FV50 - 06/16/09

Accounting Services reminds staff that when saving a journal voucher using the FV50 transaction code, they need to use the “Save as Complete” button to park the completed document. More...

Process for Submitting Forgery Affidavits Has Changed - 06/2/09

The Office of Treasury Operations (OTO) has updated the process for handling Forgery Affidavits, and it is available on the Business @ Purdue Web site. More...

Hand Tool Allowance Increased, New Process Posted Online - 02/17/09

The University has a long-standing means for providing an allowance for employees required to furnish hand tools as a condition of employment. The cost of the allowance is borne by the employee’s department. More...

New Graduate Aid Processes Published to Business @ Purdue - 01/8/09

Four new graduate aid processes have been posted to Business @ Purdue. They are the end-result of a committee created to review payments to graduate students. More...

University Collections Office Issues Reminder about Cash Purchases - 12/4/08

The University Collections Office reminds cash-handling staff that the Internal Revenue Service requires specific reporting procedures for cash payments exceeding $10,000 for a single transaction, or two or more “related transactions.” More...

F26 Processing to Authorize Release of Blocked Invoice - 12/2/08

The new process for handling blocked invoices includes completing and submitting an F26, Request to Change Order form, to release the blocked invoice. The F26 has been updated to accommodate this process. More...

New Process Begins for Handling Blocked Invoices - 11/11/08

A new report is available to help departments identify their own blocked invoices without waiting for a spreadsheet from Accounts Payable. More...

Office Supply Vendor Initiates Electronic Invoicing - 11/6/08

Effective today, Purdue’s office supply vendor, Guy Brown Products, will be sending its purchase order-related invoices and credit memos electronically. More...

PMU Billing Process Changed - 11/4/08

The process for billing charges for Purdue Memorial Union (PMU) events office to departmental funds has changed. More...

COSTING: New Validations Added to Cost Distribution Infotype 27 - 10/30/08

Additional validations for entering cost distribution into Infotype 27 went into effect
Wednesday, Oct. 29. More...

Registration Open for Course No. 3 in Policy Training Series - 10/28/08

The third offering in the series of training sessions – Policy Training Program for the Lifecycle of an Account: Pre-award Through Closeout – is open for registration. More...

OTO Updates Form for Payments by Wire - 10/21/08

The Office of Treasury Operations (OTO) has updated its Form 52A -- Request for Wire Transfers and Foreign Drafts -- with new information. More...

Registration Open for Course No. 2 in Policy Training Series - 10/9/08

The second offering in the series of training sessions – Policy Training Program for the Lifecycle of an Account: Pre-award Through Closeout – is open for registration. More...

OFFICE OF TREASURY OPERATIONS: Many Deposits Remain Unclaimed - 10/7/08

As of Oct. 1, there are still 169 incoming electronic deposits unclaimed: 17 for May, eight for June, 18 for July, 34 for August and 92 for September. More...

Cash Balance Reports to Be Available Monthly - 10/2/08

Accounting Services soon will be running a Cash Balance Exception Report every month. More...

Recommended Annual Accounts Receivable Write-off Approved - 09/25/08

The approved SAP/PSCD Accounts Receivable write-off was processed and transferred to the general ledger on Sep. 18 and 19. More...

Registration Opens for First Class in New Business Training Series - 09/11/08

A new series of training classes -- Policy Training Program for the Lifecycle of an Account: Pre-award Through Closeout -- has been launched to help business employees better understand University policies. More...

PMU Billing Process to Change - 09/11/08

Starting in October, the process for billing Purdue Memorial Union (PMU) events office charges to departmental funds will change. More...

Summer Personal Activity Report Training Reminder - 09/4/08

Summer 2007-08 Personal Activity Report training is scheduled for 9:30 a.m. to noon Sept. 10, and 2:30-5 p.m. Sept. 11. More...

New Process in Effect to Void and Reissue OnePurdue Accounts Payable Checks - 08/28/08

The ECCO staff’s process for voiding and reissuing OnePurdue Accounts Payable checks will now be performed by Accounts Payable staff. More...

Monthly Standard Reports Soon Available in Microsoft Excel - 08/28/08

Beginning with the monthly standard reports produced in September 2008 (with August 2008 data), the monthly transaction listings (SMUR, RIO and Project Financial Report) will be sent to designated recipients in both PDF and Microsoft Excel formats. More...

Summer PAR Training Scheduled - 08/21/08

The summer Personal Activity Report training will be 9:30 a.m.-noon Sept. 10, and 2:30-5 p.m. Sept. 11. More...

New Business Training Classes in the Planning - 08/14/08

A series of training classes aimed to help University business employees enhance their knowledge of Purdue University policies is set for a September launch. More...