Finance & Administration Quarterly Update Business Affairs Update July 26, 2010

Business Affairs Update Agenda Items Business Affairs FY 10 Year End and Beginning FY 11 Deadlines and Accounting Reminders Annual Property Inventory Certification Reminder TechBuy Comment Feature

Business Affairs Update – Year End Deadlines Business Affairs FY 10 Processing Deadlines August 20 th (Friday) FY 10 TechBuy Non-Punchout Orders Less than $5,000 due August 27 th (Friday) FY 10 TechBuy Punchout Orders – only for orders actually processed and shipped (no backorders) due

Business Affairs Update – Year End Deadlines Business Affairs FY 10 Processing Deadlines August 27 th (Friday) Encumbrance Adjustments: Encumbrance adjustments or releases for FY 10 and prior year encumbrances must be received by Purchasing Unclaimed Property: All unclaimed property, including stale dated checks with an issue date that is on or before June 30 th, 2009 must be submitted to Accounting Services August 31 st (Tuesday) Travel Applications: Travel Applications to be applied against FY 10 funds must be entered by 4:30pm

Business Affairs Update – Year End Deadlines Business Affairs FY 10 Processing Deadlines September 3 rd (Friday) Due to Accounting Services: Consumable Supplies/Goods for Resale Inventory counts as of August 31 st. Form is available online at: FY 10 Funding transfers submitted via Budget Revision Due to Payment Services: FY 10 Direct Pay System Transactions

Business Affairs Update – Year End Deadlines Business Affairs FY 10 Processing Deadlines September 8 th (Wednesday) Due to Accounting Services: FY 10 Internal Purchase Funding & Cost Transfer Requests FY 10 Non-Contract Revenue Accrual Invoice forms (INs) & Expense Accrual Requests FY 10 Contract Revenue Accrual entered into Contracting/Accounts Receivable System FY 10 Intra-Institutional Vouchers (IVs) for service department charges entered through the Gateway FY 10 Holding Account and unidentified wire claims FY 10 Special Augmentation Accruals

Business Affairs Update – Year End Deadlines Business Affairs FY 10 Processing Deadlines September 8 th (Wednesday) Due to Travel: FY 10 Travel Vouchers Due to Accounts Payable: FY 10 Invoices & Receiving Reports September 9 th (Thursday) Purchasing Card Allocations: All P-card allocations due in Pathway Net Statement close date – September 7 th

Business Affairs Update – Year End Deadlines Business Affairs FY 10 Processing Deadlines September 9 th (Thursday) (Continued) Pathway Net allocations may be made throughout August as purchases are made – there are only 2 business days to make allocations after the statement close date All charges on the September 7 th statement will be applied to FY 10 September 10 th (Friday) Month end Close for August FY 10

Business Affairs Update – Year End Deadlines Business Affairs FY 10 Processing Deadlines September 15 th (Wednesday) Due to Accounting Services: Questions regarding fund balances for FY 10 transaction detail included on Cognos reports after August close. Deficits will be covered from back up accounts unless alternate account information is received by September 17 th (Friday)

Business Affairs Update – Year End Deadlines Business Affairs FY 11 Processing Deadlines September 1 st (Wednesday) FY 11 TechBuy Punchout Orders may not be submitted prior to this day Additional Information and reminders will be sent out via TechBuy user group s from Purchasing

Business Affairs Update – Cost Transfers Cost Transfer Reminders Request must be made within 90 days of the original expense transaction date. Note: Process under review – time requirement may be shortened Request must include adequate justification for expense transfer. Expenses should be charged directly to the correct fund Routine requests could indicate funds not managed appropriately When reviewing transactions, run Cognos reports at the fund level only (omit orgn code) to ensure that all activity for the fund is displayed correctly. Doing so will reveal possible incorrect posting of transactions

Business Affairs Update - Property Inventory Property Inventory Certification Reminder Annual Certification – Past Due Was Due June 30 th 2010 All updates and changes must be entered and reflected in reports before certification Two Step Process Submit Certify Refer to HSC OP 63.10

Business Affairs Update Any Questions before we move on?

Business Affairs Update – TechBuy Comments TechBuy Comments TechBuy comments are used to document and communicate information about TechBuy Requisitions (Req’s) and Purchase Orders (PO’s). Comments can be used for communication within a department, to Purchasing or from Purchasing. Comments create a permanent history trail

Business Affairs Update – TechBuy Comments To Access TechBuy Comments Open a Req or PO and then Click on the “Comment” tab To leave a comment, click on the “Add Comment” button

Business Affairs Update – TechBuy Comments To just leave a comment only, type the comment in the text box (up to 1,000 characters). Then click “Add Comment”. If you want to also send an , check the checkbox for the person you want the sent to, or if they are not listed click the “add recipient” link.

Business Affairs Update – TechBuy Comments Type in the first and last name of the person you are adding to the comment , and click “Search.” Click the radio button beside the person you want to add to the list, and then click the “Choose Selected User” button. Search Choose Name

Business Affairs Update – TechBuy Comments Type your message and click the “Add Comment” button. Check the boxes beside each recipients name.

Business Affairs Update – TechBuy Comments To add an attachment to comments, click on the “Browse” button and search for the file you want to attach. Note: You must also add a comment in the text box. When you have added your comment and selected the file to attach, click on the “Add Comment” button.

Business Affairs Update – TechBuy Comments To reply to this comment DO NOT click on the “Reply” or “Reply to All” button on the . Instead, click on the link under the statement “To reply to this comment click on the following link.”

Business Affairs Update – TechBuy Comments Keep in mind when using the Comment feature Comments are permanent and cannot be removed. DO NOT add any confidential information such as PHI or PII as comments are viewable by all authorized TechBuy users. Comments provide a history to help determine everything that has happened to a Req or PO. Purchasing will be requesting PO & Encumbrance Change Requests using Comments. Users may return the PO & Encumbrance Change Request form using the attachment option in comments.

Business Affairs Update Questions?