Year-End Close: Reminders and Deadlines
2025-06-19
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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...
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Purchase Ordersopen_in_new
2025-06-10
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Added a clarifying note to include any shipping and handling charges in the purchase requisition, if possible.
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Purchase Ordersopen_in_new
2025-05-16
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Added guidance for suppressing subaward PO commitments
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Purchase Order Terms and Conditionsopen_in_new
2025-05-12
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Updated Article 5 and 6.
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Purchase Order Terms and Conditionsopen_in_new
2025-04-22
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Updated Article 29 and 30
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Tariff Impacts and Resources
2025-04-09
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This article provides the Stanford community with resources to support them in navigating tariffs imposed on their purchases.
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announcement
Procure to Pay Dashboard Enhancements
2025-04-04
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Several enhancements were made to the OBI Procure to Pay (P2P) Reporting Dashboard in recent years to reduce administrative burden and provide departments with better visibility of their procurement data. These enhancements, summarized by report below, can help departments more efficiently manage...
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Create a Standard Non-Catalog Requisitionopen_in_new
2025-03-21
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Changed How To Create a Standard Non-Catalog Requisition in Before You Start and STEP 10 for new Procurement Threshold.
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Purchasing and Contracts Updates and Hot Topics
2025-03-06
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The Procurement Services department within Financial Management Services is committed to purchasing practices and policies that are compliant, responsible and appropriately support the university's goals and mission. Accordingly, those who are making purchases on behalf of or doing business with the...
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Change Roadmap: Upcoming Projects and Enhancements
2025-02-28
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.
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