Business Update News from 05/2024

A change is being implemented to improve paying and setting up international Yale University students as suppliers. Beginning Thursday, February 11, 2021, a direct link to the Foreign National Information System (FNIS) report will be added to both the Supplier Setup Request and Supplier Invoice...

If your school or unit receives a gift or correspondence related to a bequest (through a will or trust) or any kind of non-cash gift (such as securities, books, art, vehicles, equipment, or other property), please contact the Office of Planned Giving in Yale’s Development Office. They can often...

A change was made to the export function of the following Workday reports. Now, the Excel spreadsheet can be expanded to view “Spend Category” financial information.

SciQuest has been progressively updating the user interface over the past several months. The next step in modernization includes changes to the shopping experience. Noticeable changes will be made to the following:

Effective with the January 2021 monthly payroll, Workday has released an enhancement that will allocate retroactive payroll expenses to the retroactive period’s costing allocations. This enhancement will help maintain accurate Payroll and Effort Certification results and limit the need...

Microsoft is retiring Skype for Business in July 2021. The University is moving to Microsoft Teams tools for chat and online calling.

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...

An article about a new Yale Purchasing Card (PCard) process was inadvertently sent out in the January 20, 2020 issue of Business Update. Please disregard. The new process for PCard distribution will be shared shortly.

Yale ePAY (eCommerce Payment Acceptance at Yale) is working with University departments to standardize credit card payment acceptance, processing, and reporting across the University to meet Payment Card Industry Data Security Standards (PCI DSS).

Yale Procurement did some research and discovered that over the years a significant number of Yale Pcard holders have set up their own Amazon Prime accounts at a cost to each department.

This week an email was sent to all Pcard users, that have made Amazon charges in the past, announcing...

Yale University will be closed for the holiday recess from Wednesday, December 23 through Friday, January 1, 2021. The following is a brief summary of systems availability, adjusted deadlines, and support services related to this period.

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...