1. Vouchers – Changes to the Default Search Criteria
2. Minimum Wage Increase
3. Thanksgiving Deadlines
4. Purchasing News
5. Budget Reminder
1. VOUCHERS – Changes to the Default Search Criteria
ITS has updated the Invoice Date default on the “Find an Existing Value” tab of the voucher smartdoc to be greater than, or equal to, July 1st of the current fiscal year. These search criteria can still be changed if older documents need to be retrieved. This change was made in an effort to make it easier for PCard cardholders to pull up their most current PCard vouchers.
2. MINIMUM WAGE INCREASE
As a reminder, the state minimum wage will increase from $9.60 per hour to $10.10 per hour on January 1, 2017. If you have any student workers or others currently at the minimum wage, please plan accordingly. Operating budgets will be adjusted accordingly on July 1.
3. THANKSGIVING DEADLINES
On November 24th and 25th, the University will observe the Thanksgiving Holiday.
All Accounts Payable Vouchers that must be processed by Wednesday, November 23rd must be received in the Accounts Payable Inbox no later than Thursday, November 17th, at 4:00 p.m.
All Accounts Payable Vouchers that must be processed by Friday, December 2nd must be received in the Accounts Payable Inbox no later than Wednesday, November 23rd at 4:00pm.
Any AP checks marked for pick up on November 23rd must be picked up by 12:00 noon on that day or they will be mailed to the payee.
Keep in mind that Wesleyan’s net terms determine the payment date.
Please contact Tamara Harley at extension 2843 or Karen Doherty at extension 2842 with any questions. Your cooperation is appreciated.
4. PURCHASING NEWS
Please see attached Purchasing News for information on WB Mason and Dupli.
5. BUDGET REMINDERS
Please be sure to check your financial reports so that you are on track in your budgets. Assuming consistent spending throughout the year, budgets should be 33.3% expended.