With FY19 ending in a few short weeks, it is important to note the below dates to ensure that Procurement Services can process all orders and post all transactions to Banner within the Financial Accounting deadlines: buyBAMA Purchase Orders must be created and approved by Monday, September 23, 2019, at 5 p.m. buyBAMA Receiving must be…
Account code range 791XXX should be used for purchases of equipment that are moveable (not permanently affixed to a building or structure) with a life expectancy of more than one (1) year and have an acquisition value of $5,000 or greater that are subject to inventory control. Examples typically include office equipment, lab equipment, scientific…
Credits: Departments providing a good or service should credit Cost Recovery (780111) or a revenue account code with the ‘INTERNAL’ designation in the 506XXX and 508XXX account codes unless the transaction is between UA and one of the foundations, in which case, a revenue account code may be used. If the transaction is a reimbursement,…
