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Celebrating IT Community Award Nominations

Finance News

Accounts payable journey

Apr 30, 2026

Payables Training Open for Registration

Managing university funds requires precision, and the University Controller’s Office is making it easier to master the essentials. We are excited to announce that a new Accounts Payable Training is available for enrollment in REPORTER. This course is a critical component of the Payments Professional 2 certification program. To earn the full certification, participants must…
Tuition Waiver Guide in desktop computer screen.

Apr 30, 2026

Updates to the Tuition Waiver Policy

NC State recently updated POL 07.55.07, which outlines tuition waivers for faculty and staff. This update clarifies eligibility requirements and transitions the administrative procedures to a companion regulation, REG 07.55.08. Key Policy Changes The revised policy introduces a specific provision for law enforcement officers, who are now eligible to enroll in an unlimited number of…
FISCAL YEAR 2026 text on a pink paper with notebooks

Apr 30, 2026

Planning a Smooth Fiscal Year-End

The PBS Year-End Planning Guide gives departmental business officers direct access to guidelines and instructions designed to empower them to make informed and timely year-end fiscal decisions. This guide includes a list of Financial System queries and instructions for running them. It also provides instructions for interpreting query results and recommended actions, when needed. Evaluate Your Budget…
Futuristic digital art of a glowing dollar sign and arrows representing financial transactions.

Apr 30, 2026

The Compliance Risk of Salary Transfers on Contracts or Grants

Salary transfers on contracts or grants present a significant compliance risk for organizations engaged in federally or privately funded projects. These risks arise primarily because salaries are often the largest expense charged to awards, and funders expect precise accountability in how labor costs are allocated. One of the most common issues occurs when salary transfers—also known…
A desk with a "Travel Authorization" chalkboard board featuring icons for route approval, budget confirmation and destination details.

Apr 30, 2026

Essential Ingredients for Your Travel Authorization

Navigating travel documentation doesn’t have to be a headache. For our Finance Division newsletter this month, we’re diving into the “Secret Sauce” of a perfect Travel Authorization (TA). Based on the latest updates from Chapters 2 and 3 of the Travel Manual, here is exactly what you need to include to ensure a smooth approval…
Megaphone with Nominations speech bubble banner.

Apr 30, 2026

NCSIF 2027 Call for Nominations

The Office of Investments (OOI) will soon begin its annual search for qualified candidates to join the NC State Investment Fund (NCSIF) Investment Committee. Originally piloted in December 2023 under the guidance of the NCSIF Nominating Charter, this structured nominating procedure has now become a cornerstone of our annual operations. This cycle—held every year between…
Person holding pen analyzing business report with charts and graphs on desk, wearing red shirt, focused on data review

Apr 30, 2026

Adding Fund Use to WRS

We are excited to announce that Foundations Accounting and Investments (FAI) has rolled out key enhancements to two of our frequently used FAI campus reports. These updates are designed to provide a more comprehensive view of your financial standing by integrating real-time commitment data. What’s New? The Foundation Fund Report and the Endowment Fund –…
April 2026 calendar

Mar 31, 2026

April 2026: Reminders and Events

Announcements, Reminders and Tips  Events and Deadlines Date Event 4/9/2026 Business Connections Meeting 4/9/2026 Public Surplus Sale 4/15/2026 Monthly 20261R10 Payroll – Campus Lockout Remains Pending Distribution 4/16/2026 Biweekly 20262R22 Payroll – Timekeeper Lockout 4/20/2026 PCard Statement Due 4/22/2026 Last Day to Reconcile PCard Statements 4/22/2026 Last Day for State Agency Transfer Processing for April…
Surplus Sales proceeds process

Mar 31, 2026

Are Proceeds from a Surplus Sale Returned to Departments?

When a department submits university property for surplus, we often get asked: Are proceeds from a surplus sale returned to the department? and “Who gets the money from the proceeds of the sale?” The answer to these questions is “It depends.” Two factors determine where funds go after assets are sold: Type of Assets Non-Capitalized…
IT Community Award

Mar 31, 2026

Celebrating IT Community Award Nominations

The Finance Division and its campus partners are celebrating a remarkable year of innovation and collaboration, as evidenced by the outstanding teams nominated for the 2026 IT Community Awards. These nominations highlight the critical behind-the-scenes work that powers NC State’s digital transformation and operational efficiency. Two major initiatives led by cross-functional teams from across the…