Business Update News from 07/2022

Policy Update: Limiting Financial Accounting Adjustments – Non-Sponsored

July 27, 2022
Summary

To support stronger financial controls over the timeliness of review, correction, and the year-end financial close, non-sponsored Payroll Accounting Adjustments (PAAs) and Accounting Adjustments (AAs) will no longer be allowed on original transactions that are over 12 months old. To...

Finance course offerings: Introduction to the Chart of Accounts - dates added

July 27, 2022

Additional course offerings have been added for the instructor-led Finance Course called the “ Introduction to the Chart of Accounts (COA) ” to be held via Zoom. Please register via the...

IT Update - Basecamp service discontinued as of Thursday, September 1, 2022

July 13, 2022
Summary

Basecamp will be discontinued as an ITS service offering on Thursday, September 1 . Basecamp has seen declining usage at Yale, and its administrative tooling...

New Graduate Student Funding process goes live on Tuesday, July 19

July 13, 2022

On Tuesday, July 19, 2022 at 9:00 AM , Yale will transition to the new Graduate Student Funding (GSF) process using Banner, Workday, and a data mart for graduate school payment transaction execution. The new system uses Power BI for reporting. Training is underway. Impacted...

Dropbox individual cloud storage platform now available to Yale departments

July 13, 2022

Dropbox is an individual cloud storage platform now available to departments as a subscription service through ITS. Dropbox is approved for low-risk data and allows collaboration between those at Yale and external collaborators using the Dropbox platform.

The Dropbox subscription...

Policy and procedures updates as of July 13, 2022

July 13, 2022

The following draft documents are now available for community review and comment and are posted on the Policies and Procedures drafts website . The documents will be posted on the drafts site for a period of two (...

Policy and procedure update - July 6, 2022

July 7, 2022

The following procedure has been updated and is now published and effective. Please share the document with the appropriate people in your department. Send any questions or feedback to...

Some supplier surcharges begin July 1, 2022

July 6, 2022

Effective July 2022, several Yale suppliers will begin implementing surcharges on orders. The surcharges are the direct result of commodity cost increases, supply chain issues, and labor constraints that started in 2020, but remain significant challenges today.

The surcharge...

Procurement obligations roll forward July 13, 2022

July 6, 2022

Beginning at 5:00 p.m. on Wednesday, July 13, 2022, Yale Procurement will start a “roll-forward” process. This process will automatically update the budget date to July 1, 2022, on all purchase orders and supplier contracts with open obligations created before July 1, 2022.

Obligations...

Supporting organizations of Yale University - Annual tax notification reminder

July 6, 2022

In accordance with U.S. Treasury Regulations, certain charitable organizations established to support Yale and operated in connection with the university (referred to as “Type III supporting organizations”) are required to provide the following information to the university annually:

A...