As communicated in November 2024, Finance did a soft launch of PaymentWorks, the new online Supplier Management System with a few university departments.
GAFR continues to provide JET training sessions via Teams. Please keep this in mind for new employees that will be entering journal entries or even existing employees that may need a refresher.
Beginning on January 1, 2025, the standard mileage rate for the use of a personal vehicle is 70 cents per mile for business use. These rates apply to all vehicle types (including electric, hybrid-electric, gasoline and diesel-powered vehicles).
Ohio University reimburses business and travel expenses in accordance with University Policy 41.121 Reimbursement for official travel and entertainment. In February, an interim change to this policy was approved to keep the university in compliance with
The Finance department would like to remind travelers about how meal reimbursement works at the University.
As many of you may know, the University rolled out the current PCard program a little over two years ago.
Ohio University is required to document procedures and maintain supporting documentation for the distribution of an individual’s effort to sponsored agreements in accordance with federal regulations as defined by the Office of Management and Budget (OMB) Part 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements
General Accounting & Financial Reporting (GAFR) is conducting quarterly Journal Entry Template (JET) training sessions via Teams. The next session will be Thursday, December 12th at 10 AM.
As we approach the end of the calendar year, we begin to get questions about what is or is not allowable as it relates to holiday expenditures. As a public institution, Ohio University is expected and committed to the responsible use of public funds and as such is providing the following guidance:
The Finance department is excited to announce that we will be soft launching our new supplier management system, PaymentWorks, on November 5, 2024. We will soft launch with a single department and allow them to invite new suppliers first.