News from Accounting
In-State Mileage Reimbursement Rate Change for 2016
07 January 2016
The Internal Revenue Service has released Notice 2016-01 https://www.irs.gov/pub/irs-drop/n-16-01.pdf, announcing the 2016 standard mileage rates. Effective for mileage incurred after December 31,...
Update to Policy 515 Section 7 Lodging Reimbursement - Effective October 1, 2015
21 September 2015
Policy 515 Travel – Employees Effective October 1, 2015 the GSA (U.S. General Services Administration) for Employee In-State Lodging has been adjusted for several select counties in ND. The Accoun...
Account Code Clarification for Registration and Conference fees
04 August 2015
Below clarifies what account code to use for employees, students and non-employees. Account code 611020 – Professional Development - used for payments for conferences and training seminar...
FY15 Fiscal Year-End Cutoff Dates
05 May 2015
Correcting Entry vs Cost Transfer
01 April 2015
There can be some confusion as to when to use a Correcting Entry Request, Cost Transfer Request or a Journal Voucher form. Correcting Entry Request A correcting entry is a journal entry that is...
In-State Mileage Reimbursement Rate Change for 2015
08 January 2015
The Internal Revenue Service has released Notice 2014-79 http://www.irs.gov/pub/irs-drop/n-14-79.pdf, announcing the 2015 standard mileage rates. Effective for mileage incurred after December 31,...
Employee - Travel and Other Reimbursements Received via Accounts Payable Processing
08 January 2015
A recent change has been made by the University Systems Core Technology Services (CTS) which synchronizes personal data between the three PeopleSoft systems: Campus Solutions, HRMS, and Financial. ...
New Accounting Form - Journal Voucher
04 December 2014
The Journal Voucher form is a new form to correct existing Accounts Payable and Travel Vouchers. This form is ONLY to correct existing vouchers, all other correcting entries will still need to be...
2014 Fiscal Year-End Cutoff Dates
09 May 2014
In-state mileage reimbursement rate change for 2014
02 January 2014
The Internal Revenue Service has released Notice 2013-80 http://www.irs.gov/pub/irs-drop/n-13-80.pdf, announcing the 2014 standard mileage rates. Effective for mileage incurred after December 31,...