Disbursements Webex Workshop is scheduled for Monday, February 24 from 10:00 a.m. – 12 Noon.  To register click here.

This is an opportunity for individuals to converse with Disbursements staff on matters related to processing payments in Quantum Financials.  Rather than a formal presentation, Disbursements will provide individualized attention according to the needs of the caller.

Participants are encouraged to review the January 29 presentation.

The Department of Financial Services – Disbursements (FS-D) oversees and processes check and wire transfer payments to individuals and organizations engaged in business with UMB.  FS-D also offers guidance and training to campus units on payment processes and compliance.

Sections

Check Your Knowledge

  • All funds administered by UMB, regardless of fund source, are UMB Funds.  UMB Funds are governed by state regulations, USM policies, and UMB policies and procedures.  UMB Funds include State-appropriated general funds, tuition, fees, and other income, as well as auxiliary funds, revolving/discretionary funds, Designated Research Initiative Funds, gifts, contract or grant revenues, and other restricted funds.
  • A UMB Employee includes (but is not limited to) all types (regular, contingent I and contingent II) and classes (faculty, staff, students, post-doctoral fellows) of individuals who receive compensation from UMB through the State of Maryland Central Payroll Bureau.