A non-resident alien on a visa comes to Bentley to lecture a class. The department wishes to pay the person $500. Can this be done and what forms need to be completed?
The person may be able to receive payment after accounts payable receives the following information:
What is the mileage reimbursement rate?
When do I need to have my paperwork submitted to make the check run?
Checks are run once a week, on Tuesdays. In order to make that check run, your paperwork should be submitted to the Accounts Payable Office by Monday of that week.
| Period | Closing Dates |
Reports/e-Print |
|---|
| Online budget forms open for FY14 Forecast and FY15 Budget submissions | December 16, 2014 |
| Banner Closed to All Forecast and Budget Submissions | January 16, 2015 |
| Budget presentation complete | February 24, 2015* |
| Business and Finance Committee review/Trustee meetings&n |
In developing the annual budget and quarterly forecasts, managers should keep the following in mind:
Budget:
Forecasts are done quarterly and represent where the University expects to be at year-end relative to the budget. They enable the Trustees, President and Vice Presidents to measure the success of the University's financial objectives for the year.
Because the first quarter forecast (Sept) is completed early in the year, only key managers (of large operations) are asked to participate. Other managers who are aware of major variances at this point should contact the Office of Financial Operations.
Salaries and fringe benefits comprise nearly 60% of total operating expenses.* To ensure that the University is able to meet its short and long-term goals, it is important that spending in these two areas, in particular, remain within the approved budget. The current policy regarding staff salaries is as follows: