Do you need to coordinate a shipment to or from an Ohio University campus or a shipment requiring special handling such as Haz-mat materials, freight shipping, or customs clearance for an international shipment?
Business Matters
Subrecipient invoice monitoring refers to the process of tracking and managing invoices and receipts issued by subrecipients or subcontractors in the context of grant funding, contracts, or similar financial arrangements.
Award Management is a process that encompasses Sponsor and University policies and procedures pertinent to a project/award (often referred to as a sponsored project or grant). This process is also referred to as the “post award” phase of the life cycle of an award.
The Finance department continues to receive many invoices in Accounts Payable referencing a purchase order (PO) that has already been closed by the department. When a PO is closed prior to the invoice being received, we are unable to open the PO to finish invoicing.
External billings are necessary when a university department has provided goods or services to an external party and needs to bill for those goods or services.
The following JET courses have been updated for all changes that have occurred in the application since it launched in 2019:
It’s hard to believe, but fiscal year-end is fast approaching! As a result, we have updated the Finance Operating Calendar (snippet below) so that you have on-demand access to key closing dates for the current month as well as future months as we close in on year-end.
BobcatBUY enhanced search functionality and delivery tracking features now available
As of November 14th, 2023, ThermoFisher Scientific Life Technologies Corporation (‘Life Technologies’) punchout catalog within the BobcatBUY (BCB), has been upgraded with enhanced features.
Finance has been getting questions from departments about vendor rebates so we thought it would help to review what a vendor rebate is and how you should handle the rebate if your department receives one because of a business purchase.
Background
We wanted to address some recent concerns expressed by several departments about services provided to university departments by our preferred supplier for confidential shredding, Shred-It.