The following revised policy document is now published and effective. Please discuss the document with the appropriate people in your department and send any questions to...
Business Update News from 08/2023
OneFinance: Program leadership announcement
August 23, 2023
Our North Star To enable Yale’s mission, simplify and standardize financial services in order to make life easier where everyone has a role in building a strong culture of financial integrity, insight, and stewardship of Yale resources.
In March 2024,...
Possible action required: I-9 documentation requirements
August 23, 2023
During the pandemic, the United States Department of Homeland Security permitted interim completion of I-9s remotely for individuals working off campus. That interim period has passed, and I-9 documentation must now be submitted in person . For the I-9 process to be complete,...
Cost Allocation Deadlines update
August 16, 2023
The Cost Allocation Deadlines section on the Payroll Schedule page has been updated to clarify the deadlines are in “business days” and not calendar days. The...
Policy & Procedure updates - August 23, 2023
August 16, 2023
The following draft documents, which have completed the committee stages of their formal review, are now available for community review and comment and are posted on the Policies & Procedures Drafts page....
Policy & Procedure updates - August 16, 2023
August 16, 2023
The following policy documents, which previously completed their full review and approval process, are now published and effective. Please discuss the documents with the appropriate people in your department and send any questions to...
PaperCut scheduled outage - Sunday, August 20, 2023
August 16, 2023
*** Please share these details with individuals in your area of responsibility who need this information.***
Summary
Yale ITS will deploy a patch to the PaperCut print system from 8 - 8:30 a.m. on Sunday, August 20, resulting in an outage. Yale’s PaperCut vendor recommends...International Tax Office resources
August 16, 2023
The Yale International Tax Office site provides the Yale community with resources to assist with understanding required tax documentation, tax withholding and reporting with...
Reminder of requirement to report cash transactions over $10,000
August 9, 2023
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...
U.S. Bank Prepaid Reloadable Cards for Faculty and Staff
August 9, 2023
Effective Aug. 1, 2023, only U.S. Bank Cards will be funded Frequently Asked Questions
Why did Yale discontinue the Bank of America prepaid card program? Bank of America notified Yale that they are exiting the card business.
What do I do with my Bank of...
U.S. Bank Prepaid Reloadable Cards for Faculty and Staff
August 9, 2023
Effective Aug. 1, 2023, only U.S. Bank Cards will be funded Frequently Asked Questions
Why did Yale discontinue the Bank of America prepaid card program? Bank of America notified Yale that they are exiting the card business.
What do I do with my Bank of...
Important information for Bank of America prepaid reloadable debit card holders
August 2, 2023
Please share the following information with the appropriate individuals in your unit:
Effective August 1, 2023, Bank of America prepaid reloadable debit cards will no longer be loaded. Those with existing card balances may continue to use the funds on the card. Active cardholders will...