This page is a compilation of NYU finance related resources intended for quick reference for NYU school and business unit Fiscal Officers.
Enrollment of new suppliers and individuals at NYU has been centralized within the newly formed Supplier On-Boarding Team which resides in Procurement.
As part of the FO&T supplier on-boarding process announced by Stephanie Pianka in August, the forms used to enroll suppliers and individuals have been updated. The updates include hyperlinks to additional online forms needed to complete the on-boarding process at NYU.
One particular area identified in delaying the enrollment process is ensuring the inclusion of the W-9 form with an authorized signature when payment for a good or service is being made. Each form requiring a W9 to be submitted with it now contains a link directly to the IRS W-9 and the Tax Compliance Notification form (for non-US individuals and entities).
In addition to these new hyperlinks, all the supplier and individual on-boarding forms and resources are available in one place on the Fiscal Officer’s Corner page on FinanceLink. Just click on the Supplier On-Boarding Resources expandable under “Related Resources” to find all the links for forms, related instructions and resources for the supplier or individual on-boarding process.
If you have any questions in regards to supplier onboarding, you can email the Supplier On-Boarding Team in Procurement at firstname.lastname@example.org or 212-998-1030. Or you can contact Bob Dayre, Associate Director of Procurement Operations at 212-998-1031 or email@example.com.
October 22, 2014
In an effort to secure and streamline departmental purchases made at the NYU Book and Computer Stores, the paper, approved purchaser “lists” maintained by the Stores will be retired immediately.
Going forward departmental purchases made at the NYU Book and Computer Stores can be made using the following widely utilized and easy to use methods:
Option 1: iBuy Marketplace
- Registered users of the iBuy Marketplace can place their orders with the NYU Computer and Book Stores from their offices, or from the kiosk at the stores and have the items delivered, or held for pick up. This method utilizes the workflow built in to the eReq system to ensure that proper budgetary approval is received for the purchase.
- Non-registered users can utilize the iBuy Shopper feature. iBuy Shopper is a feature that allows non-registered users to browse/shop in the iBuy Marketplace using their NYU Home net id and password (eReq profile is not required). Once a shopping cart is created in iBuy, it can be emailed to your department approver for ordering.
For any questions regarding the iBuy Marketplace please contact firstname.lastname@example.org.
Option 2: Purchasing Card (P-Card)
- The NYU Purchasing Card is utilized for low dollar purchases, and is accepted as a payment mechanism at the NYU Book and Computer Stores for purchases under $2,500.
- Please check with your department administrator to ascertain if your department currently has a P-Card.
For any questions regarding the P-Card please contact email@example.com.
Option 3: Pre-Paid Cards
- Pre-paid cards (up to a value of $250) may also be used for purchases at the NYU Book and Computer Stores.
For any questions regarding Pre-paid cards please contact Mike Wallace at: firstname.lastname@example.org.
October 6, 2014
Effective with the FY13 Year-End Close, open POs in Funds 10, 12, 14, 16, 20 and 60 will no longer be closed after Accounts Payable completes processing for the year. Instead, these POs will be brought forward to FY14 and budget-checked against the chartfield for which they were requested creating an FY14 encumbrance. This addresses two pain points with year-end processing: 1) invoices submitted against POs closed by the old process after year-end require numerous AP / School / Department interaction to correctly charge the payment; and 2) vendors using the new JPMC automated payment tool will submit electronic invoices for closed POs and will encounter processing issues, thus delaying payment.
If a school or department wishes to close a PO for Funds 10, 12, 14, 16 or 20, please follow the instructions available on the Purchasing website. The deadline for submitting any PO close requests for these funds is Friday, September 27th. Please submit any questions to email@example.com.
Aug 14, 2013
This course focuses on Unrelated Business Income, or UBI, and why it is important that the University reports this income accurately. The activities that generate UBI, including a 3 part UBI test to help determine if any of your income-producing activities generate UBI; The types of activities that are exceptions to the UBI rules, with an example of each; And common University activities that require interpretation to determine whether or not they will generate UBI, including an example of each. After completing this course you can download a pdf reference guide that includes all the information in this tutorial, plus additional examples of common University activities that may generate Unrelated Business Income.
Who should take this course: University Fiscal Officers, their designees, and all employees who are responsible for their department’s financial activities
Course Duration: 15 minutes.
You can access this training in iLearn, which can be found on the Work tab on NYUHome.
Business Payment Form (BUS5000)
Expense Breakdown Sheet (Travel) (EXP2000T)
Payment to Individuals Form (IND4000)
Student Expense Reimbursement Form (EXP2000S)