Financial Services Procedures

Financial Services provides Universitywide services, guidance, and training in support of the following financial and accounting activities:

Bursar (Student Accounting and Cashier), Disbursements (Accounts Payable, Travel, and Working Fund), Financial ReportingGeneral Accounting (including Capital Inventory and Customer Billing), and Payroll.

 

Procedures:

 

Expenses - Operating

Cost Transfers

Financial Affairs, Financial Services   |   Approved May 4, 2007

Disbursements for Standard Procurements

Financial Affairs, Financial Services   |   Approved July 1, 2009

Food and Business Meals

Financial Affairs, Financial Services   |   Approved December 9, 2013

Interagency Transfers

Financial Affairs, Financial Services   |   Approved December 2, 2016

Miscellaneous Disbursements

Financial Affairs, Financial Services   |   Approved July 1, 2009

Payment of Employee Moving and Relocation Expenses

Financial Affairs, Financial Services   |   Approved August 1, 2018

Processing Tuition Reimbursement Payments to Employees

Financial Affairs, Financial Services   |   Approved July 1, 1995

Research Study Participant Payments

Financial Affairs, Financial Services   |   Approved May 5, 2016

Travel

Financial Affairs, Financial Services   |   Approved January 1, 2018

Working Fund

Financial Affairs, Financial Services   |   Approved October 1, 1999

Expenses - Payroll

Compensation Overpayment and Recovery

Financial Affairs, Financial Services   |   Approved March 1, 2016

Payments to Foreign National Independent Contractors

Financial Affairs, Financial Services   |   Approved October 1, 2008

Payroll

Financial Affairs, Financial Services   |   Approved April 1, 2010

Payroll Pay Validation

Financial Affairs, Financial Services   |   Approved May 30, 2017

Work and Leave Records

Financial Affairs, Financial Services   |   Approved April 1, 2016

General

Capital Asset Management

Financial Affairs, Financial Services   |   Approved January 1, 2011

Non-Capital Assets

Financial Affairs, Financial Services   |   Approved November 1, 2015

Revenue Related

Credit Card Payment Accounts

Financial Affairs, Financial Services   |   Approved December 17, 2016

Customer Billing and Collections

Financial Affairs, Financial Services   |   Approved September 17, 2015

Depositing UMB Funds

Financial Affairs, Financial Services   |   Approved July 1, 1995

Identity Theft Fraud Prevention Program (Red Flag Rules)

Financial Affairs, Financial Services   |   Approved April 3, 2007

Internal Billing

Financial Affairs, Financial Services   |   Approved March 25, 2010

Student Related

Payment of Tuition and Fees

Financial Affairs, Financial Services   |   Approved August 9, 2017

Student Loan Collection

Financial Affairs, Financial Services   |   Approved December 4, 2006