The conversion from FIS to Workday has necessitated changes to many finance related policies, procedures, and business terms. On 7/1, several updates were made to existing Financial Services webpages. In addition to updating policies and business terms, some pages have been reorganized to better align with Workday.
The most significant change is a new Business Expense Policy effective 7/1/2021. This policy is more comprehensive, covering both travel and non-travel expenses. Most of the changes are simple updates to terms and procedures, while others are needed to take advantage of Workday functionality. For example, paper travel statements are eliminated, as is the need to manually route them for supervisor and exception approvals. Note: It may be necessary for us to update the policy or provide additional guidance once we convert to Workday. See Business Expense Policy below for details.
Depositing funds, accepting credit cards, and recording receipt vouchers
Includes travel and non-travel business expenses
Accounts payable, procurement cards, interdepartmental invoices and more
Property & liability insurance, workers’ compensation, insurance requirements and more
Other policies, guides and resources
Information for faculty, staff and students
Accounting and tracking of assets including fixed and moveable equipment and buildings
Post award accounting
Reporting rules, procedural guidelines, contacts, and more
Best practices, guidance and other helpful information