Recent Posts

Have You Overspent?

Written by Erin Delehanty. Have you spent too much? A foundation project is considered to be spent into deficit if expenditures of the project exceed...

Importance of Internal Controls

Written by Fran Lawrence. Are you aware of the importance of internal controls? Internal controls are essential to providing reliable financial reporting for management decisions....

Honoring Our Veterans

Written by Martha Neal. On June 5, 2023 the Town of Wake Forest raised a flag in honor and memory of Joseph Anthony De Lois,...

Non-MarketPlace Requisition Updates

Written by Blain Woods. For the past year, Procurement & Business Services has been working diligently to release two important updates that affect Non-MarketPlace requisitions,...

Payments to Foreign Nationals are Taxable

Written by Dwaine Cook. Did you know that payments to foreign nationals are taxable? Both the United States Citizenship and Immigration Services (USCIS) and the...

Federally Funded Research: Why?

Written by Justo Torres, Director, Contracts and Grants We all take it for granted that the Federal Government funds research at every major university in...

Our Three Winners Giving Space

Written by Martha Neal. On August 13, 2019, the University Cashier’s Office dedicated the Our Three Winners Giving Space in memory of NC State students...

Honorariums are Not One-time Supplier Payments

Written by Megan Catt. What is an honorarium? An honorarium is a monetary token of appreciation given in lieu of payment for services. If you...

TEARS Need Not Make You Cry

Written by Justo Torres. The Employee Activity Reporting System, known as TEARS, is NC State’s official effort reporting system. It is supported through a collaboration...