Report Lost or Stolen Equipment

…ask the vendor to annotate on the purchase order separate replacement cost and upgrade cost. Please note that the Commonwealth’s Risk Management Plan does not reimburse for the cost of…

Year End Deadlines

…federally sponsored project if there is sufficient justification and the transfer is completed in a timely manner. University Policy 4005 – Cost Transfer Policy, provides additional guidance on cost transfers…

Plan a Trip

…for event Meals and no-cost meals provided at the event Other anticipated requirements and expenses (i.e., mileage, baggage fees, etc.) All travel costs must be estimated before the proposed trip…

Categories
Purchasing and Accounts Payable

Mandatory and Specialized Purchases

Search the table below for mandatory or specialized purchase ordering instructions and helpful links. Any VASCUPP contract may be used for all contract categories, except office supplies which are limited…

Definitions

Common terms and phrases used when discussing Fiscal related activities….

Payroll

Electronic W-2s now available! Your electronic 2023 W-2 is available online. For information on how to interpret your W-2 and for frequently asked questions, please reference the W-2 Quick Guide….

Learn about Equipment Trust Funds (ETF)

…of theft is $800 ($1,200 cost less $400 depreciation). Because the equipment has a remaining book value, the item must be replaced with a like item, and the replacement cost

Pay for Travel

…expenses equal to or less than the cost incurred if originating/culminating at the traveler’s base location (excluding personal travel). In addition, when the cost of the additional personal travel exceeds…

Learn about Compliance

…Departments should always choose the least expensive freight delivery option unless there is an urgent need for expediting. Search Commodities – Can I Purchase…? Search – Mandatory and Specialized Purchases…

Retail Sales and Use Tax

…personal property that can be felt or touched. (Va. Code §58.1-600 et seq.). Sales tax Does Not Apply To Tangible personal property delivered to a purchaser residing outside of Virginia…