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Updated Article 5 and 6.

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...

Updated Article 29 and 30

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

This article provides the Stanford community with resources to support them in navigating tariffs imposed on their purchases.

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...

Changed How To Create a Standard Non-Catalog Requisition in Before You Start and STEP 10 for new Procurement Threshold.

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...

(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.