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Accounts Payable Open Forum September 7, 2011

Accounts Payable Open Forum September 7, 2011. Accounts Payable Open Forum. New Disbursement Related Forms General Accounts Payable Reminders New State Travel Policy New Travel Forms Questions and Answers. New Disbursement Related Forms. Guest Lecturer Form Direct Pay Form

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Accounts Payable Open Forum September 7, 2011

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  1. Accounts Payable Open Forum September 7, 2011

  2. Accounts Payable Open Forum • New Disbursement Related Forms • General Accounts Payable Reminders • New State Travel Policy • New Travel Forms • Questions and Answers

  3. New Disbursement Related Forms • Guest Lecturer Form • Direct Pay Form • Lost Receipt Form

  4. Guest Lecturer FormAppropriate Uses • What types of services can be procured using this form? • Guest Lecture services that do not extend beyond a one-time engagement may be procured using this form. Guest lecture services include, but are not limited to the following: • An individual providing a lecture on campus • Artists • Novelists • Poets

  5. Guest Lecturer FormVerifying Status

  6. Guest Lecturer FormDetermining Eligibility

  7. Guest Lecturer FormEligibility Determination

  8. Guest LecturerForm

  9. Direct Pay Form • Proper/Improper Uses of Form • Tangible goods not to exceed $3,500 • Multiple forms may not be submitted for the same purchase • Limited off campus services are allowed • Bottom of form lists allowable service types • This form cannot be used to contract with an individual or firm to provide services on campus

  10. Direct Pay Form

  11. Lost Receipt Form

  12. Accounts Payable Reminders • Always use a current form and fill out forms online • Do not use white out • Highlight in Green and Gold (GO MUSTANGS!!) • If a purchase is fully funded by the Corporation, please send to CPC directly (SL002 Funding)

  13. Accounts Payable Reminders • Disbursement requests must be accompanied by a vendor invoice. Statements are not acceptable. • Receipts must be itemized, a credit card summary receipt is not sufficient. • Paper receipts to substantiate expenses that are less than 8.5 by 11 inches in size should be taped onto an 8.5 by 11 sheet of paper in order to help facilitate the document imaging process

  14. Cal Poly Travel Policy Implementation

  15. Travel Topics to Discuss • Introduce new travel policy • Discuss differences between old vs. new policy • Review new and revised travel forms • Travel 1A • Domestic travel claim example • International travel claim example • Taxability of international travel with personal use • Responsibilities of traveler and approver • General travel reminders

  16. Cal Poly Travel Policy Implementation • Effective today, Cal Poly is implementing a new system-wide travel policy developed by the Chancellors Office (CO) with campus input. • The former policy covered Moving and Relocation expenses and Travel, and was developed by Human Resources Administration (HRA) at the CO. • The new CSU travel policy only covers travel and was developed by the finance area of the CO. HRA will continue to manage Moving and Relocation policy.

  17. Cal Poly Travel Policy Implementation The new travel policy makes significant revisions in the following areas: • Reimbursement rates • International vs. domestic travel • Potential tax consequences of personal travel

  18. Changes in Domestic Travel Reimbursement Rates Meals • Currently travelers claim $50.00 per day • New Policy will allow traveler to claim actual meal expenses up to $55 per day • Meals do not need to be substantiated by a receipt unless the individual meal is $25 or more Example: If you spent $10/$15/$20 on breakfast/ lunch/dinner, then you should only be claiming $45 in meals for the day, not $55

  19. Changes in Domestic Travel Reimbursement Rates Meals for a partial day of travel will be pro-rated differently as follows: • If you leave prior to 9 AM then you can claim up to $55.00 in meals expenses incurred • If you leave prior to 2 PM then you can claim up to two thirds of the $55.00 maximum reimbursement, and • If you leave prior to 6 PM then you can claim up to one third of the $55.00 maximum reimbursement

  20. Changes in Domestic Travel Reimbursement Rates Incidentals • Previously there was a $5 incidental rate • New Policy increases the incidental rate to $7 Example: Incidentals can include tips to baggage carriers, mailing costs, etc.

  21. Changes in Domestic Travel Reimbursement Rates Lodging • Actual lodging expenses may be claimed • Expenses claimed should be reasonable • Receipts are always required

  22. Revised Travel 1A Form

  23. New Travel Claim Form

  24. New Travel Claim FormIdentifying Information SectionDomestic Travel Claim Example

  25. New Travel Claim FormExpenses Incurred SectionDomestic Travel Claim Example

  26. New Travel Claim FormFunding Sources & Approval

  27. Changes in International Travel Reimbursement Rates • Meals and incidental expenses for international travel are all reimbursed based on published federal government per diems for the specific location. • Lodging expenses for international travel are reimbursed based on actual expenses, up to the federal government per diem allowed, and must be supported by a receipt. • The Federal government per diems can be found at the following link: • http://aoprals.state.gov/web920/per_diem.asp

  28. Federal Government Per Diem Example for Spain Country: SPAINPublication Date: 05/01/2011

  29. New Travel Claim FormIdentifying Information SectionInternational Travel Claim Example

  30. New Travel Claim FormExpenses Incurred SectionInternational Travel Claim Example

  31. New Travel Claim FormApproval/Rates/Total Cost SectionInternational Travel Claim Example

  32. Taxability of International Travel with Personal Use • Depending on the amount of personal travel days that you combine with your Cal Poly travel, some of your travel costs could be subject to income tax • The CSU has adopted IRS standards to determine when and if the combination of personal and business travel creates a taxable event for the traveler

  33. Taxability of International Travel with Personal Use • According to the IRS there is a taxable event if both of the following conditions are met: • The total period of the trip is longer than one week, and • At least 25% of the trip is personal

  34. Taxability of International Travel with Personal Use Example: • An employee travels to London for 10 days, of which 7 days are business related and 3 days are personal; 70% of the trip is business and 30% is personal. • The traveler is reimbursed for airfare and 7 days of meals and lodging. The other 3 days of meals and lodging are considered personal and are not reimbursed. • Since the trip was longer than one week and at least 25% personal, the employee must be taxed on 30% of the airfare, which is considered personal use under IRS regulations (personal component:3 days/10 days = 30%) The determination of what constitutes a personal vs. business day is between the traveler and approver. As a general rule, any travel days that the employee records as accrued leave time, such as vacation, would be considered a personal day.

  35. Traveler Responsibility • The person due the reimbursement for travel costs incurred is responsible for: • Submitting travel claims within 10 days from the return of the trip. • Providing business purpose and dates of each trip. • Certifying he/she: • Received pre-authorization to travel (i.e. complete a 1A form) • Traveled on official business • Actually spent the amount for listed expenses • Has verified the amount due is accurate • Has not and will not seek reimbursement for 1) a duplicate claim or 2) from any other source • Return to the University within 10 days, any reimbursement or payment issued by the University which subsequently results in a refund to the individual.

  36. Approving Authority Responsibility • The approving authority is responsible for: • Ensuring expenses charged are supported by sufficient funds and ensuring appropriateness of use of funds. • Ensuring expenses requested are reasonable and supported by a business purpose or justification. • Validating that expenses listed were actually incurred by the employee and that appropriate supporting documentation is attached. • Reviewing and approving the business purpose and ensuring the request is in compliance with any applicable sponsored project/grant requirements. • Approving/denying payment of the travel claim in a timely manner. • Denying expenses not directly related to official University business.

  37. General Travel Reminders • All travel must be pre-authorized by completing a travel 1-A form • Employees should not have more than one travel advance outstanding simultaneously • Travel claims are due in the Travel office no later than 10 days after returning from your trip • Travelers should always strive to use the most affordable means of travel

  38. Questions?

  39. Thank You for Attending !

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