SMALL DOLLAR ENTRIES
In an effort to reduce the number of manual journal entries, individual
entries less than $100.00 will not be processed. This $ value is subject
to review on a regular basis. Examples of small dollar entries include
fax charges, telephone, postage and photocopying. The following suggestions
are provided to those departments that find it necessary to pass on small
dollar charges:
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Small dollar entries can be accumulated and submitted less frequently,
quarterly, once per term, etc.
-
Flat fees for services can be charged out instead of per usage. An
example could be an annual rate for photocopying charged to another department/account
instead of tracking number of pages used. Some restrictions
may apply to research accounts.
Small dollar corrections that result from corporate entries will not be
processed i.e. freight charges. It is acceptable for departments
to absorb small dollar charges that belong to another department but were
charged in error.
These guidelines apply to internal transfers only. Transactions
with companies and individual outside of the university must be processed
regardless of amount.
Finance
February 2002