Category: Financial Updates
Annual training program addresses university-generated “unrelated business income”
Does your department sell goods or advertising, provide services, and/or rent equipment or space to students, alumni or the public? These are some of the most common activities that can generate unrelated business income for UF. Conducting these activities may require annual reporting and potential taxation of the income generated.
Procurement process demystified
What do cadavers, an equine treadmill and a telescope that now lives in the Canary Islands have in common? UF Procurement Services played a large part in acquiring all of the above items for the university—but its role and the benefits it provides to the community go beyond purchasing.
PrintSmart Convenience Fee Reduction for Xerox 8900
In response to your feedback regarding the cost of the convenience fee for the 8900, UF Procurement and Xerox have mutually agreed to amend the convenience fee on the model 8900 to match that of the 6605.
Help protect UF from fraud
As UF employees, we are all responsible for safeguarding the University’s valuable financial resources. Every member of the University community has the responsibility to report any actions or activities of concern.
UF Procurement Services honored for third consecutive year
UF Procurement Services has been awarded the prestigious 21st annual Achievement of Excellence in Procurement Award (AEP) for 2016 from the National Procurement Institute (NPI). This is the third consecutive win for Procurement Services.
UFIRST to host Open Lab Tuesdays
UFIRST Open Labs provide an opportunity to get one-on-one help and answers to your questions about the UF Integrated Research Support Tool. In order to best meet the needs of the campus community, UFIRST open labs will now be offered at a variety of locations and times. No registration is required. Review the schedule to find a session that’s convenient for you!
Recently enacted bill changes travel cost maximums for certain travel
The 2016 Florida Legislature recently enacted House Bill 5003, which mandates that costs for lodging associated with a meeting, conference, or convention organized or sponsored in whole or in part by a state agency or the judicial branch may not exceed $150 per day.
Applications to participate in UF’s Research Administration & Financials Training (RAFT) Level One Cohort due Aug. 19
UF’s Division of Sponsored Programs and Contracts & Grants will once again offer a professional development series that provides research administrators throughout the university with “a lifeline” to the research community. Designed for research administrators with one year or less of grants management experience, the Research Administration and Financials Training (RAFT) Level One Cohort is […]
Does your department sell goods or advertising, provide services, or rent equipment/space to customers?
If so, you may be generating unrelated business income (UBI) and be subject to an annual reporting requirement and potential taxes. This year’s Unrelated Business Income Training will be held at 1:30 p.m. on Thursday, Aug. 18, in the L. Vernon Voyles Room, 201 Criser Hall.
Procure2Pay Workshop illuminates UF purchase order and invoice processes
Don’t miss this opportunity to ask the questions you’ve always wanted to ask about how purchase orders in myUF Market and invoices in myUF Payments work together. Presented by core office staff from both UF Procurement Services and Disbursement Services, this workshop is a dialogue with the experts and your peer department fiscal staff. Designed […]
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