504 - Account Payable
|
Title:
|
Accounts Payable
|
| Owner: |
Chief Financial Officer |
| Last Update/Review: |
02/25/2021 |
Policy: Accounts Payable department (AP) responsible for the payment of the University's expenses. AP shall review all invoices from external vendors, as well as, internal payments to students, faculty, and staff that are not payroll related.
Purpose: To establish standard procedures to support all invoices' accurate and timely payment for the University. These include all check request, travel advances, employee expense reimbursement, petty cash, etc.
Scope: This policy applies to all university employees, students, and faculty.
Document and Form(s):