News from Accounting
NDSU Coronavirus Travel Expense Accounting Guidelines
NDSU Coronavirus Travel Expense Accounting Guidelines –
The Coronavirus has led to many questions regarding travel accounting rules surrounding cancellations and refunds. Here are some goals and...
Accounts Payable Voucher Workflow at NDSU
The NDSU Accounting Office has been in the process of working with departments to implement a new feature in PeopleSoft Finance: Accounts Payable Voucher Workflow. Our intent is to work with...
Mileage rate change effective January 1, 2020
The Internal Revenue Service has released Notice 2020-05 https://www.irs.gov/pub/irs-drop/n-20-05.pdf announcing the 2020 standard mileage rates. For business mileage driven after December 31, 2019,...
Change on Excess Meal Costs
NDSU Accounting has discontinued routing banquet and meeting expenses to Provost/VPs for approval when the business meal costs exceeds the “reasonable amount” referred to in NDUS policy. This change...
Single Use Account Implementation
To NDSU Departments,
An enhancement to PeopleSoft Finance is being implemented this fall called Single Use Account (SUA). SUA is a new payment process that will be available to pay supplier...
Mileage rate change effective January 1, 2019
The Internal Revenue Service has released Notice 2019-02 https://www.irs.gov/pub/irs-drop/n-19-02.pdf, announcing the 2019 standard mileage rates. For business mileage driven after December 31,...
Updated IRS Form W-9
The IRS updated Form W-9 in October 2018. Please use the updated version of the W-9 going forward. The link on the Downloadable Forms page under Accounting will take you to the updated version, but...
Fiscal Year-End Cutoff Dates
Mileage rate change effective January 1, 2018
The Internal Revenue Service has released Notice 2018-03 www.irs.gov/pub/irs-drop/n-18-03.pdf, announcing the 2018 standard mileage rates. For business mileage driven after December 31, 2017,...
Payment for Student Travel Form
Customer Account Services, Accounting, and Financial Aid have created a new form entitled “Payment for Student Travel”. The purpose of the form is to help ensure payments made for student travel are...