Year-End Close: 2024 Reminders and Deadlines
2024-07-22
-
It's that time of year again! The year-end close (YEC) process of recording and reporting expenses from September through August gives a snapshot of the university's transactional activity each fiscal year; it includes five distinct closing stages of activities as shown below. This news page...
collections_bookmark
announcement
Clearing of Aging Transactionsopen_in_new
2024-07-15
-
Added FY 2025 aging transactions clearing deadlines
collections_bookmark
update
Continuous Improvements to Fingate
2024-02-22
-
FMS is continuously working to improve the Fingate user experience. Planned and completed changes range from search improvements, navigation updates and content revisions. Learn more about recent and upcoming changes on this news page.
collections_bookmark
announcement
Updated Card Suspension Process to Support Proper Use
2023-11-07
-
An updated suspension process for individual (not departmental) Purchasing Cards (PCards) and Travel Cards (TCards) rolls out in Fiscal Year 2024. Designed to reduce risk to the university and encourage financial stewardship of these university-issued credit cards, the updated suspension process...
Updated article on October 9, 2023
collections_bookmark
announcement
Streamlined Delivery and Pick Up Options for Will Call Payments
2023-07-31
-
Effective July 31, 2023, a streamlined process and tools will make it easier to receive Will Call check payments for purchase order invoices and Expense Requests transactions. About the new process After a Will Call payment is requested for an Expense Requests transaction or a purchase order invoice...
collections_bookmark
announcement
July Enhancements to the PCard Module
2023-07-14
-
In an ongoing effort to improve and streamline the Stanford Purchasing Card (PCard) experience, several enhancements to the Purchasing Card module within Oracle Financials will launch on July 17. Additionally, to continually improve and support purchasing practices and policies that are compliant...
collections_bookmark
announcement
Excellence in Financial Stewardship | Issue 8open_in_new
2023-06-22
-
This newsletter, covers the risks and best practices with stewarding gifts using scenarios such as spending in accordance with the gift terms, when a donor’s gift is unspent, and navigating difficult and uncertain situations.
collections_bookmark
newsletter
Suspense Account Query Tool Project
2023-06-08
-
Financial Management Services (FMS) and University IT (UIT) have partnered to create a new self-service inquiry tool in Oracle Financials that allows users to look up an organization’s suspense account PTAs. If they are a budget officer, they can also create and send a request to change the suspense...
On July 1, Stanford employees will have access to a new self-service inquiry tool that allows all Oracle Financials users to look up their organization’s suspense account PTAs and allows budget officers to request updates to them.
collections_bookmark
announcement
Organization Code Hierarchy Tool Project
2023-02-21
-
Stanford University’s financial account structure identifies each organization by a four-character alphabetical organization (org) code. The Organization Code Hierarchy Tool enables effective governance of this structure by defining parent-child organizational relationships and group information...
Stanford UBO and FMS are building a new, robust organizational hierarchy management system to more effectively and efficiently support a broader set of the university's needs, launching July 1, 2023.
collections_bookmark
announcement
How the Stanford Travel Team Supports Travelers
2023-02-02
With many travel activities resuming in full force in 2023, the Stanford Travel team is looking forward to a new year full of possibilities! A small, but mighty crew with over 75 years of combined travel industry experience, this team focuses on providing high-quality support for Stanford travelers...
collections_bookmark
announcement