As the end of the University’s fiscal year approaches on May 31, Administrative Services and Accounting and Audit announce the following procedures related to purchases of goods and services during May.
Pcard Purchases
• Pcard purchases posting on the May statement (cycle end date is May 21) will be paid from FY 2020-2021 funds unless a prepaid item. Most shipments post on your Pcard within three to four business days. However, vendors have up to nine business days to post transactions.
• Pcard purchases posting from May 22 through May 31 will be paid from FY 2021-2022(new year) funds, unless the item purchased exceeds $500. Purchases exceeding $500 will be paid from FY 2020-2021 funds.
Office Depot Orders
• Normally, Office Depot orders placed online by 3 p.m. for items in stock are delivered the next business day. Upon delivery, the transaction should post on your Pcard within three to four business days.
• Office Depot orders received by May 15 will likely post on the May 21 Pcard Cycle and be paid from FY 2020-2021 funds.
• Office Depot orders placed and received but posting to the Pcard between May 22 and May 31 will be paid from FY 2021-2022 funds, unless the items purchased exceed $500. Purchases exceeding $500 will be paid from FY 2020-2021 funds.
Purchase Orders
• Approved requisitions converted into purchase orders and delivered by May 31 will be paid from FY 2020-2021 funds.
• Approved Requisitions indicating FY 2021-2022 in Self-Service with a Requisition Date of 6/1/21 or later and a typed Internal Comment of FY 2021-2022 will be processed with a delivery date of June 1 or later.
• Backordered Purchase Orders not delivered by May 31 will be paid from FY 2021-2022 funds.
Blanket Orders
• All FY 2020-2021 Blanket orders expire on May 31, 2021.
• Approved Requisitions for FY 2021-2022 (new year) Blanket Orders may now be submitted via Self-Service with a Requisition Date of 6/1/21 or later with “Blanket Purchase order for _(specify items or service effective June 1, 2021 through May 31, 2021” included in the line item description.
• Backordered Blanket Purchase Order items not delivered by May 31, 2021 will be paid from FY 2021-2022 funds.
Voucher for Payment Requests
• All services completed and items purchased (and on campus) by May 31 must be submitted on a WebAdvisor voucher to Accounting and Audit by Monday, June 21 to be paid from FY 2020-2021 funds. Any pre-May 31st purchases submitted for payment after this date will be charged to FY 2021-22.
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