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A recent OOD memo provides guidance on managing gift awards with small balances, resulting in the ability for schools and units to transfer small fund balances (fund balances that are $100 or less) in order to close out gift funds. What is changing? In addition to the current cases where a donor...

Page retitled from Debt Considerations to Debt Program, with updated links.

(Original article published Aug. 28, 2023.) Stanford’s University Budget Office (UBO), in partnership with University IT (UIT), Financial Management Services (FMS), and university stakeholders, is undertaking a multi-year initiative to enhance the foundation of financial management. The initiative...

This page serves as a one-stop shop for departments and stakeholders across Stanford to stay up to date with projects and enhancements, as well as associated resources to support them.

New information including updates to Beneficiary Information in How To Create Expense Report for SU Payees

In this issue, a case study is used to reflect on the importance of integrating essential controls with effective processes.

Updating the Purchasing Commitments section

Replaced all Policy: Airfare, Business Meal, Travel Meal and Student Travel references to state Topic Overviews.

Updated 2024-2025 dates for Balance Sheet Account Balance Reconciliation and Attestation Schedule

Added the descriptions of the journal justification fields that should contain the WHO, WHAT, WHERE, WHY, WHEN information.