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Jul 18, 2023

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 the Marketplace.  Prior to initiating a FedEx shipping, an employee needs to request MarketPlace Shipper access, which involves the department’s SAR Administrator granting the FedEx Shipper Role to the employee.…

Jun 20, 2023

Meet Sharon Loosman

Written by Tabitha Groelle. In our fifth edition of our Chatting series, I spoke with Sharon Loosman, Director of Procurement & Business Services. Procurement & Business Services has been a part of the Finance Division since July 2010 and was previously known as Materials Management.  Sharon was promoted to Director in 2011. Let’s get to…

Jun 20, 2023

2023 Awards for Excellence: Finance Division Honorees

Written by Sharon Loosman. The NC State University Awards for Excellence program recognizes the accomplishments and achievements of NC State employees. It is the highest honor bestowed upon any non-faculty employees at NC State.  This year, the Finance Division nominated three highly qualified individuals.  The three employees were honored at the Office of Finance and…

Jun 19, 2023

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? The process of rolling these balances forward at fiscal year end is different from other fund sources at the university. The beginning balance roll forward is a manual process completed…

May 22, 2023

Meet NC State’s Controller

Written by Tabitha Groelle. Fran Lawrence has been appointed NC State University Controller, responsible for fiscal accountability, accuracy and reporting for the $2 billion university enterprise. Lawrence will lead the University Controller’s Office, which administers the payment of wages to over 18,000 staff, faculty, student workers and temporary employees; executes over 90,000 vendor payments annually;…

May 19, 2023

Chatting with Director Maria Brown

Written by Tabitha Groelle. In our fourth edition of the “Chatting With” series, I spoke with Maria Brown, Director of the University Cashier’s Office. The Cashier’s Office has been part of the Finance Division since July 2010. Maria has led this office since 2012. Let’s get to know her a little better.   Tabitha:      Let’s…

May 18, 2023

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 with the Department of Revenue for taxpayers’ individual income tax refunds. A debt owed to the university has no statute of limitations. What does this mean for former students?   Although…

Apr 22, 2023

Chatting with Interim University Controller, Heidi Kozlowski

Written by Tabitha Groelle. In our third edition of our “Chatting With” series, I spoke with Heidi Kozlowski, Interim University Controller. The University Controller’s Office has been a part of the Finance Division since July of 2016. Heidi is that team player you can always count on, and her experience here at NC State has…

Apr 22, 2023

Taxable Awards and Gift Cards

Written by Andrew Coats. Employees who are given cash and non-cash items such as gifts, prizes and awards that are paid with university funds (i.e. state funds, grant funds, contract funds or gift funds) are subject to federal and state income tax and the Federal Insurance Contributions Act (FICA) tax.  Examples of taxable gifts include…

Mar 23, 2023

Chatting with Director Justo Torres

Written by Tabitha Groelle. As we continue our Chatting series, I met with Justo Torres, Director of the Office of Contracts and Grants. Contracts and Grants has been part of the Finance Division since July 2016.  Justo is a quiet, laid back person that seems very unassuming. I got to know him a little better. …