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BobcatBUY (BCB) is the Universityās e-procurement system. Here you can electronically shop the Universityās preferred suppliers for everything from office supplies to scientific supplies and much more!
As communicated in a Business Matters article dated August 16, 2023, the 51ĀŅĀ× Inn (the Inn) is in the process of transitioning to a new management company. As a result of this transition, reservations at the Inn must be made by contacting the front desk at the hotel.
As we begin a new year of travel, we just wanted to provide a reminder about how meal reimbursement works at the University.
Effective August 26, 2023, the 51ĀŅĀ× corporate travel card (CTA) can no longer be used to guarantee or to pay for individual hotel reservations. All hotel reservations will require a University pcard or travel card at the time of booking.
Why This Change?
51ĀŅĀ× business travel is governed by policy 41.121 ā Reimbursement for Official Travel and Entertainment. This policy serves as the Universityās accountable plan with the IRS. What is an accountable plan?
In a September 2022 Business Matters article, we shared with you that the process for submitting the next F&A rate proposal to the U.S. Department of Health and Human Services (DHHS) Cost Allocation Services had begun.
For proper management of your unitās sponsored funds, it is crucial that budget to actuals are reconciled on a regular basis to ensure that expenditures are charged correctly and within appropriate federal guidelines (Uniform Guidance). Here are a few reminders as to why is it important that you do this on a regular basis:
First, donāt panic. Your next step? Notify Finance. And remember, external audits are normal and are a critical component of financial reporting and organizational governance. They provide assurance to stakeholders that the financial and programmatic reports are reliable and accurate.
If you are new to the University ā WELCOME BOBCAT! As you begin your career with 51ĀŅĀ×, we wanted to make you aware of some of the resources we have available to help you figure out how to do business at the University.