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Updated to reflect 7/15 changes to Supplier Query affecting Contracts.

Updated to reflect 7/15 changes to Supplier Query

Updated to reflect 7/15 changes to Req & PO Query.

This issue covers the importance of fiscal year-end close activities and how the information is used, as well as best practices for fund transfers.

Business units/depts may choose lower maximums; clarified how to calculate on campus venue costs.

July 2024: New expenditure type and change to existing expenditure type.

Clarified fund transfers (from one PTA to another) and expense transfers (from wrong PTA to correct one).

Clarified language: travel paid for by redeeming loyalty points/miles or promotional certificates/credits is non-permissible.

As part of ongoing Procurement Efficiencies enhancements, Stanford Financial Management Services (FMS) updated the Supplier/Payee Request Form on July 15 for overall usability improvements and now includes: A new Independent Contractor (IC) affiliation type to better support IC transactions... Supplier/Payee Request form updates to support ICs and non-PO contract setups

Continuous improvements to the Accounts Payable (AP) invoice holds workflow functionality and system notifications in response to feedback from the fall 2021 FMS Client Satisfaction Survey.