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
Clearing of Organization Suspense Accounts (OSA)open_in_new
2023-06-20
-
Updated OSA sweep deadline for transactions posted through 8/31/23.
collections_bookmark
update
Single/Sole Source Justification Formopen_in_new
2023-06-09
-
Updated the Single/Sole Source Justification (SSJ) form
collections_bookmark
update
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
Enhancements to increase procurement efficiency
2023-06-05
-
Procurement Services, part of Stanford Financial Management Services (FMS), continuously examines opportunities to enhance processes or provide new solutions to support purchasing activities for the university while maintaining financial stewardship excellence. Areas of opportunity under review are...
collections_bookmark
announcement
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
Year-in-Review: Resources Supporting Financial Stewardship
2023-05-02
-
Over the past year, Stanford Financial Management Services (FMS) focused on providing the financial community with the tools and knowledge needed to support financial stewardship of all our university resources. The efforts also built a common understanding of the key requirements around all our...
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
Delivering Goods and Services to Stanfordopen_in_new
2023-04-28
Updated the Shipping and Delivery Instructions section
collections_bookmark
update