The following policy documents are now published and effective. Please discuss the documents with the appropriate people in your department and send any questions to...
Take the Employee Engagement Survey. Deadline extended through December 16.
Business Update News from 10/2020
Moveable Equipment (MEI) Updates – Mailing of Asset Tags, Biennial Inventory, and Asset Disposals
October 28, 2020
Mailing of Asset Tags
The mailing of Moveable Equipment (MEI) asset tags has resumed. As of Monday, October 5, 2020 asset tags were mailed to Cost Centers via campus mail. This process will continue monthly. Please be on the lookout for your Cost Centers tags. If you have any questions about the...
Update: Supplier Net 45 Payment Terms
October 28, 2020
Summary
By the end of March 2021, the Procurement team will identify and convert eligible suppliers’ Payment Terms to Net 45. The purpose of this effort is to align with the newly updated General Payment Policy 3401....
Action required - CorVel to administer workers’ compensation claims effective November 1, 2020
October 21, 2020
As of Sunday, November 1, 2020, Yale began partnering with the third-party vendor, CorVel, to administer its workers’ compensation claims. FutureComp no longer handles workers’ compensation matters. Starting November 1, 2020 all existing claims, as well as new claims, reside with CorVel....
Replenishing PPE supplies for you and your department
October 21, 2020
Yale is committed to the continued safety of all those returning to work, and has taken additional measures to ensure that supplies of critical personal protective equipment (PPE) remain available to our research community. To that end, the University has centrally procured PPE supplies in bulk...
New Accounting Journal Close Deadline
October 21, 2020
Accounting Journal submission(s) will be restricted after 3:00 p.m. on the day of the month-end close. Journals that are in-progress by 3:00 p.m. can continue to route for approval until 8:00 a.m. the next day. Journals that have not been submitted by 3:00 p.m. will need to be created or copied...
Personal use of university vehicles - Reporting
October 14, 2020
There are yearly tax implications for Yale employees who utilize university vehicles for personal purposes. Yale is required to report the value of the personal use of a university vehicle by an employee as additional taxable wages on the employee’s Form W-2, Wage and Tax Statement.
The...
Reminder - Annual electronic filing requirement for small exempt (Student) organizations
October 14, 2020
Reminder for Certain Student Organizations: Annual Electronic Filing Requirement for Small Exempt Organizations – Form 990-N
Most small tax-exempt organizations whose annual gross receipts are normally $50,000 or less are required to submit Form 990-N electronically, also known as the e-Postcard...
Reclassification and Transfer Guidance – Updated in Accounting Manual
October 14, 2020
The Reclassification and Transfer document in the online Accounting Manual was recently updated by the Controller’s Office. The updates added emphasis to guidance regarding gifts on page 2 and updated...
Workday Create & Review Requisition Virtual Tour Recordings
October 7, 2020
In March 2020, a Workday upgrade was implemented that included changes to the Create Requisition and Requisition Approval process. The following virtual session recordings, highlighting updates from the March upgrade are now available on the Workday Training site.
The...