Business Update News from 07/2021

The University is required to report certain transactions to the Internal Revenue Service and the Financial Crimes Enforcement Network, where it receives more than $10,000 in cash from a single payer. This rule applies to a single $10,000 transaction as well as two or more related transactions...

Please take note of the following upcoming journal entry deadlines. All dates relate to the June period unless otherwise stated.

In preparation for the university’s transition to full pre-COVID-19 occupancy at all Yale buildings, beginning August 1, 2021, the Office of Facilities has implemented measures to help ensure a safe onsite return.

In coordination with the recent shift to campus health and safety...

To improve the university’s compliance with Subaward invoice requirements, three new critical validations have been implemented in Workday, effective today, for supplier invoices and supplier invoice requests.

These newly implemented critical validations do the following:...

As previously communicated, Procurement is offering users an opportunity to meet virtually with members of our team to discuss best practices for submitting requisitions as efficiently as possible. The Zoom session will cover requisition submission in Workday, the creation of Requisition Worktag...

As discussed in the year-end closing packet and calendar , FY2021 invoices (with a date on or before Wednesday, June...

Payroll obligation (commitment) adjustments are created when there is a change to a worker’s costing allocation. While the Finance Data Mart is updated nightly, changes made through the Assign Costing Allocation business process after 11:00 a.m. will not appear on reports (i.e., AHR by Person,...