Finance News

Feb 21, 2025

March ’25 Events

Take a look at the following events and important due dates for the month of March:

Jan 28, 2025

FAI Welcomes New Team Members

Written by Brooke Labashousky Foundations Accounting and Investments (FAI) welcomed three new invaluable team members to our unit this past year. We would like to extend their welcome to the entire Finance Division and invite campus to reach out for assistance from any of our new team members. Gerardo Granillo  Gerardo has joined the systems…

Jan 27, 2025

Managing Delinquent Student Accounts

Written by Zeryn Macklin. Managing delinquent student accounts is an essential process for the university, ensuring balances are addressed and resolved in a timely manner. Janet Zevallos, collections manager at the cashier’s office, shared insights into how the university handles delinquent accounts, the available repayment options and tools like the Set Off Debt Collection Act…

Jan 27, 2025

Contracts and Grants Celebrates Transformation

Written by Justo Torres. As we prepare to bid farewell to Chancellor Randy Woodson, we would like to join the university in Celebrating Transformation and reflect on the positive changes that have taken place in the Office of Contracts and Grants during his tenure. During the Chancellor’s tenure, externally-funded research and other sponsored projects have…

Jan 27, 2025

Credit Card Payment Chargeback Tips

Written by Jennifer Bell. The University Controller’s Office offers merchant services, providing daily support to departments with active merchant accounts. At NC State, Merchant Services and associated merchant accounts refer to the process and administration that allows departments within the university to collect payments via credit card. Each merchant has an account that associates the…

Jan 27, 2025

Office of Investments Implements New Nominating Process

Written by Birhanie Robinson. Did you know our Office of Investments (OOI) is responsible for investing the university’s and Associated Entities’ endowments, as well as short to immediate term cash funds? That is not all OOI does.  OOI also orchestrates the nomination process for the North Carolina State Investment Fund’s (NCSIF) Investment Committee. The members…

Jan 27, 2025

MarketPlace Automated Efficiencies

Written by Chanelle Corpening. MarketPlace isn’t just a convenient hub for finding goods and services—it’s also a powerful tool for saving time and money. In FY24 alone, MarketPlace shoppers saved the university over $6.7 million and efficiently processed 75,185 purchase orders through the platform. With our trusted suppliers’ vetted contracts and exclusive pricing, MarketPlace ensures…

Jan 27, 2025

Learning Finance: Manual Journal Entry Guide

Written by Maria Fister. The Journal Entry Guide has been rebranded to “Manual Journal Entry Guide” to make a distinction between manual and system-generated journal entries.  A manual journal entry is the record of a financial transaction recorded (entered) into the PeopleSoft Financial System.The detailed content of the guide has not changed, but there is…

Jan 27, 2025

Business Connections Corner

Controller’s Office Updates Frances Lawrence from the University Controller’s Office provided the following updates: For inquiries on the above-mentioned updates, please contact university-controller@ncsu.edu.  Procurement and Business Services Updates Accountants Payable (A/P) Updates For Accounts Payable questions, contact universitypayables@ncsu.edu.  Office of Enterprise Applications Services Updates Yessy Mendoza-Tate from the Office of Enterprise Applications Services covered security…

Jan 27, 2025

What’s New in the Knowledge Base?

If you ever had questions about university business processes, state compliance regulations or finance guidelines or topics (think PCard, MarketPlace, financial reporting, etc.) and didn’t know who or where to go for an answer, you know how frustrating it can be. To assist our campus partners in locating this information, we have developed the Finance…