We apologize, but our search functionality is currently not working. UCM is working to address the issue.
Recently the PCard refund online site, Transact Payments, was updated to a new user interface. The update changed the look and feel of the site and made it mobile friendly. A new quick reference guide has been created to guide users through the updated site.
The PCard office has been returning several reports to individuals due to the improper use of function โ00โ within Concur. This function cannot be used on any general ledger accounting string with an object code that starts with โ7xxxxxโ.
On July 7th, Concur reminders were turned back on to remind cardholders of their outstanding transactions within Concur. During year end close for FY22 there was an intro paragraph added for transactions to be substantiated by the year end deadlines.
As a reminder when viewing FY23 results for designated, student organization, and gift sources the FY22 Net Activity has not been rolled forward yet.
A payable is an amount paid by the university in the current year (FY23) for a prior year expense (FY22).
General ledger open encumbrance balances from FY22 will be rolled forward to FY23 on August 2, 2022. Please review your FY23 open encumbrance balances in OBI on August 3, 2022, to see updated balances.
Leading up to this year end, we have shared information about FYE in prior Business Matters articles (available on the Business Matters website).
BobcatBUY 22.2 release went live on 7/17 and is now available in production.
In the last few months, we have seen several declines on PCards due to bad PINs. The new PCards issued through Bank of America require a PIN to be set up to make payment for many merchants. A cardholder may be prompted to enter their PIN twice at one merchant to account for both the transaction and the tax exemption.
In the May Business Matters edition, it was announced that the University has switched to BofA as our new PCard Provider. The BofA Mastercard program provides cardholders with additional insurance coverage than was previously provided.