Year-End Close: 2023 Reminders and Deadlines
2023-05-31
-
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. For an in-depth look at the process, review Topic Overview: Year-End Close. Schedules and...
collections_bookmark
announcement
Bank Closure/Takeover Impacts and Resources
2023-05-02
-
This article provides a summary of guidance for suppliers and employees who are impacted by recent bank closures, for example Silicon Valley Bank.
collections_bookmark
announcement
Managing Aging and Outstanding Expense Transactionsopen_in_new
2023-05-01
-
Added note: Starting in May 2023, the JP Morgan (JPM) mobile app replaces the Wells Fargo mobile app for depositors.
collections_bookmark
update
Create Expense Report for SU Payeesopen_in_new
2023-03-29
-
New Expense Types, "Ground Transportation" and "Parking Fees" added to How To Create Expense Report for SU Payees.
collections_bookmark
update
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
Turning Feedback Into Action
2023-02-01
-
FMS uses the Client Satisfaction Survey to gather feedback from faculty and staff that fuels action plans for continuous improvements. This article covers the latest on those projects.
collections_bookmark
announcement
Searchable OBI Financial Reporting Directoryopen_in_new
2023-01-24
-
Published new searchable OBI Financial Report Directory which offers the ability to search by key words for relevant reports.
collections_bookmark
update
Resolving Aging Expense Requestsopen_in_new
2023-01-17
-
In the ER Transaction Status Description table, updated the links to find help and added a note on finding rejected/returned ERs
collections_bookmark
update
Labor Schedules Notifications Enhancement Project
2023-01-06
-
Stanford Financial Management Services has partnered with University IT to update Labor Schedules (LS) email notification functionality and distribution to improve user experience and reduce administrative burden for LS system users, which comprise labor schedulers, labor distribution adjusters, and...
The Labor Schedules (LS) system's email notification functionality and distribution will be enhanced to improve user experience and reduce administrative burden.
collections_bookmark
announcement
Maintain Approval Authority: Take the Approving Financial Transactions Course
2022-10-01
Beginning October 2022, the FIN-PROG-103 course will be required for all existing requisition, expense journal and labor distribution approvers, and will require a refresh every two years.
collections_bookmark
announcement