Tag Archives | Budget and Finance Notices

The Corporate VISA Procurement Card Program is affected by the University’s fiscal year-end closing procedures. Cardholders MUST adjust their use of the credit cards in order for purchases to be included in the current budget year. 1. STOP USING THE PROCUREMENT CARD SEVERAL DAYS PRIOR TO THE 25th OF JUNE: The billing period cut-off date […]

Attention University VISA Cardholders: All of the May VISA transactions from USBank are now on the ProCard Reallocation and Reconciliation System for you to view or make changes. On Wednesday, June 15 at 2 p.m., these transactions will be transferred to the FRS system. If you are using the online ProCard system to move your […]

Financial Services periodically publishes a newsletter to inform the campus of deadlines and other information pertinent to Accounts Payable, Accounting Issues, Business Travel, Working Fund Announcements, Payroll Notices, ProCard Messages, and Financial Systems Month-End and Fiscal Year-End Close. This issue (April/May) is dedicated to year-end concerns: {http://wwwnew.towson.edu/adminfinance/fiscalplanning/financialservices/documents/04-APR05_news.pdf} (PDF File).

Financial Services periodically publishes a newsletter to inform the campus of deadlines and other information pertinent to Accounts Payable, Accounting Issues, Business Travel, Working Fund Announcements, Payroll Notices, ProCard Messages, and Financial Systems Month-End and Fiscal Year-End Close. This issue (April/May) is dedicated to year-end concerns: {http://wwwnew.towson.edu/adminfinance/fiscalplanning/financialservices/documents/04-APR05_news.pdf} (PDF File).

The FY 2005 deadline for cellular equipment purchases is Friday, June 17, 2005. Any requests for cellular equipment after June 17 will be processed the second week of July 2005 toward FY 2006 budgets. Please contact Alex Konialian for cellular purchases at x4-5827 or {akonialian@towson.edu}.

The April period has closed in the ProCard system and your VISA transactions have been posted to your budget in the FRS system. Your April VISA transactions can now only be viewed under the History function and no further changes to subcodes or accounts (Reallocation) can be made to them. View the transactions on FRS […]

REMINDER: You are required to notify Lorraine Ziara-Denmark, Procurement Card Program Administrator, by Wednesday, May 25, of any procurement card transactions for the month of April that do not comply with the requirements of the State?s procurement card program. You may review the advisory for this requirement at: {http://wwwnew.towson.edu/adminfinance/fiscalplanning/procurement/Notices.htm}. If you have any questions regarding […]

The FY 2005 deadline for cellular equipment purchases is Friday, June 17, 2005. Any requests for cellular equipment after June 17 will be processed the second week of July 2005 toward FY 2006 budgets. Please contact Alex Konialian for cellular purchases at x4-5827 or {akonialian@towson.edu}.

The Corporate VISA Procurement Card Program is affected by the University’s fiscal year-end closing procedures. Cardholders MUST adjust their use of the credit cards in order for purchases to be included in the current budget year. 1. STOP USING THE PROCUREMENT CARD SEVERAL DAYS PRIOR TO THE 25th OF JUNE: The billing period cut-off date […]

Attention VISA Procurement Cardholders: Financial Services has restored the transactions that were missing from the April billing period. C ardholders should find their bank statements are now in sync with the ProCard Reconciliation and Reallocation System. We apologize for the inconvenience while this problem was being researched and corrected. Please be assured that the deadline […]

The Procurement Department periodically publishes a newsletter, titled The Campus Consumer, to provide the campus with procurement advice, helpful hints and useful contact information. The newsletter can be viewed at the following link (PDF): {http://wwwnew.towson.edu/adminfinance/fiscalplanning/procurement/documents/Spring2005Newsletter_001.pdf}.

Attention VISA Procurement Cardholders: Financial Services is working with USBank to restore transactions that were posted to cardholders’ April bank statements but have not yet posted to the ProCard Reconciliation and Reallocation System. We anticipate that this problem will be corrected shortly. Please be assured that the deadline to reallocate transactions for this period will […]

This is a reminder that, pursuant to the FY 2005 Close Out Guidance issued in January 2005, we have passed the procurement deadline of April 29 for new procurements/contracts between $30,000 and $100,000. In addition, please be advised that the procurement deadline for new procurements/contracts exceeding $100,000 was April 1. Remember the following additional deadlines […]

Attention University VISA Cardholders: All of the April VISA transactions from USBank are now on the ProCard Reallocation and Reconciliation System for you to view or make changes. On Monday, May 16 at 2 p.m., these transactions will be transferred to the FRS system. If you are using the online ProCard system to move your […]

REMINDER: You are required to notify Lorraine Ziara-Denmark, Procurement Card Program Administrator, by Monday, April 25, of any procurement card transactions for the month of March that do not comply with the requirements of the State?s procurement card program. You may review the advisory for this requirement at: {http://wwwnew.towson.edu/adminfinance/fiscalplanning/procurement/Notices.htm}. If you have any questions regarding […]

The March period has closed in the ProCard system, and your VISA transactions have been posted to your budget in the FRS system. Your March VISA transactions can now only be viewed under the History function, and no further changes to subcodes or accounts (Reallocation) can be made to them. View the transactions on FRS […]

This is a reminder that, pursuant to the FY 2005 Close Out Guidance issued in January 2005, we have passed the procurement deadline of April 1 for new procurements/contracts exceeding $100,000. Please be reminded of the following additional deadlines for goods and services you wish to purchase using FY 2005 funds: > $30,000, but < […]