Recent Posts

Is It Allowed On My Contract or Grant?

Written by Justo Torres, Director for Contracts and Grants. This month’s Finance Division Knowledge Base spotlight is on What is an allowable cost versus an...

The Independent Contractor Checklist

Written by Blain Woods. This month’s Finance Division Knowledge Base spotlight is on the following article: What is the Independent Contractor Checklist, what is it for,...

Endowment Spending Budget Calculation and Communication

Written by Erin Delehanty. This month’s Finance Division Knowledge Base spotlight is on how endowment spending budgets are calculated. Foundations Accounting & Investments (FAI) calculates...

Tuition Waiver Guidance for Employees

Written by Mia Pollard. This month’s Finance Division Knowledge Base spotlight is on the Tuition Waiver Program.   The Tuition Waiver Program provides an opportunity for...

4% Withholding on Out-of-State Suppliers

Written by Andrew Coats. This month’s Finance Division Knowledge Base topic spotlight is on North Carolina’s 4% withholding tax rate on out-of-state suppliers.  The North...

Contracts and Grants in Foreign Currency

Written by Justo Torres, Director, Contracts and Grants This month’s Finance Division Knowledge Base spotlight is on sponsored projects awarded in foreign currency Accepting contracts...

Shipping through FedEx Made Simple

Written by Chanelle Corpening. FedEx Shipping is a service that allows employees to ship goods or documents. There are several FedEx shipping services available through...

Year End Foundation Project Balances

Written by Emily Lowman. Did you know that balances in Foundation (Ledger 6) and The Endowment Fund (subset of Ledger 7) projects roll forward annually?...

Setoff Debt Collection Act (SODCA)

Written by Lorraine De Lois. Pursuant to General Statute 105A, the Setoff Debt Collection Act (SODCA) program allows state and local agencies to file claims...