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Did You Know? PCard Training is available online

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A cup of coffee, sticky notes, pen, cell phone and tablet on a wooden table. The cell phone and tablet have the Finance Division Knowledge Base open.

Mar 23, 2023

How Are Payments from Federal Sponsors Managed?

Written by Justo Torres, Director, Contracts and Grants. Principal Investigators (PIs) or department/college administrators of a federal contract or grant often say, “I keep hearing terms like invoicing, drawdown, revenue, cash and receivables. I am totally confused and I don’t know what my responsibility is.”  When we hear questions like How are payments from federal…
Dana Harris, Associate Vice Chancellor, Finance and University Treasurer

Feb 28, 2023

Chatting with Associate Vice Chancellor Dana Harris

Written by Tabitha Groelle. If you have read the press release or other university communication, you already know that our new associate vice chancellor for finance and university treasurer, Dana Harris was at UNC Wilmington for 18 years. Before that, she was with the North Carolina State Auditor’s Office. AVC Harris and her family have…
A cup of coffee, sticky notes, pen, cell phone and tablet on a wooden table. The cell phone and tablet have the Finance Division Knowledge Base open.

Feb 28, 2023

How to Unreconcile PCard Transactions

Written by Joel Bristol. Did you know that you can unreconcile PCard transactions? Yes, as long as this is corrected on the same business day when the transaction was marked as reconciled and saved, you can unreconcile transactions to correct Project ID and account code distribution errors. The PCard Manual for Reconcilers lists step-by-step instructions…
A cup of coffee, sticky notes, pen, cell phone and tablet on a wooden table. The cell phone and tablet have the Finance Division Knowledge Base open.

Jan 27, 2023

How do I request a new fund or modify an existing fund in a Foundation or the University Endowment Fund?

Written by Emily Lowman. Foundations Accounting & Investments (FAI) is responsible for the approval, set up and maintenance of new foundation and University Endowment Fund funds in FINANCIALS and in the ADVANCE System. The ADVANCE System is a donor database maintained by University Advancement Services. FAI strives to set up new funds and address all…
A cup of coffee, sticky notes, pen, cell phone and tablet on a wooden table. The cell phone and tablet have the Finance Division Knowledge Base open.

Jan 3, 2023

What’s the difference between a class drop and a withdrawal?

Written by Hannah Souder. Here in the Cashier’s Office, we get many questions surrounding class drops and withdrawals. These terms may seem like they mean the same thing, but they follow a very different schedule and could have very different consequences when it comes to the university.  Let’s look at each of these terms:   A class…
Lori Johnson, former University Controller at NC State University

Nov 30, 2022

Celebratory Farewell to the University Controller!

Written by Arianna Williams. The University Controller’s Office would like to announce and celebrate the retirement of Lori Johnson, the university’s Controller, who has served at NC State for over 20 years. In her role, Lori has provided leadership for the University Controller’s Office and University Payroll and has ensured the accounting and reporting of…
A cup of coffee, sticky notes, pen, cell phone and tablet on a wooden table. The cell phone and tablet have the Finance Division Knowledge Base open.

Nov 30, 2022

Did You Know? NC State is Exempt from State Sales Tax

Written by Andrew Coats. Did You Know that NC State is Exempt from State Sales Tax? Yes, as a state agency, the university is exempt from North Carolina sales and use tax for qualifying purchases.  The following items are not exempt from state sales and use tax: Prepared food and beverage taxes levied and administered…
A cup of coffee, sticky notes, pen, cell phone and tablet on a wooden table. The cell phone and tablet have the Finance Division Knowledge Base open.

Nov 3, 2022

Did You Know? PCard Training is available online

Written by Joel Bristol. Yes! PCard Training for Cardholders and PCard Training for Reconcilers are both offered online.  The training is part of the PCard Application Process and must be completed in order to be issued a PCard. Additional PCard resources can be found in the Procurement & Business Services Learn It page. These are…