Payment Processing Schedule
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Supplier Payments |
Tuesdays |
Student Payments |
Wednesdays |
Employee Payments |
Thursdays |
Supplier Payments
- Based on the invoice date and payment terms
of the supplier
- Checks are written so they reach supplier within
the terms of payment (assumes invoice is forwarded to accounts
payable timely).
Student Payments*
- Payment terms are immediate
- Checks are cut Wednesday following processing
of Request for Payment in Accounts Payable, includes student refunds.
- This does not include Payroll. For payroll schedules
click here.
Employee Payments*
- Payment terms are immediate
- Checks are cut Thursday following processing
of Request for Payment or Travel Reimbursement in Accounts Payable.
- This does not include Payroll. For payroll schedules
click here.
When anticipating
payment dates, consider adequate time for campus mail and processing
by staff in the Office of Business Operations.
*Periodically
circumstances require a check payment sooner than the next scheduled
payment cycle. In these situations, please make reference to this
need on the Request for Payment form or contact an accounts payable
staff member.
Contact
Lisa Steimel 3-5885 or
Kelly Flege 3-3420 with
questions.
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