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Business Matters

September 29, 2022
Using the Lowe’s FOB at your Local Store

As many of you know, Lowe’s is one of the University’s preferred suppliers for Maintenance, Repair, Operations (MRO) Supplies and Related Services. There are a couple ways that University employees can purchase from Lowes:

September 29, 2022
Updated OIT Approval Process for Technology Purchases

As a reminder, if you have technology or software that you would like to purchase, you must first obtain approval from OIT.

September 29, 2022
F&A Rate Agreement Process Underway

Grants Accounting has engaged with Point Consulting Group to complete the university’s next F&A rate agreement with the U.S. Department of Health and Human Services (DHHS) Cost Allocation Services.

August 31, 2022
Equipment Inventory

When making purchases, it is important to be aware if any portion of the purchase meets the criteria to be considered capital equipment. If the purchase meets our capitalization criteria, we need to follow OU Equipment Inventory policy 19.054 Equipment Inventory Control .

August 31, 2022
Monitoring Your Grants

For proper management of your unit’s sponsored funds, it is imperative that budget to actuals are reconciled on a regular basis to ensure that expenditures are charged correctly and within appropriate federal guidelines (Uniform Guidance). Why is it important that you do this on a regular basis?

August 31, 2022
FARM Setup Reminders

The Financial Approvers and Related Metadata (FARM) system is used by planning units to maintain their approvers for finance and human resource transactions.  If these approvers are not set up properly, it results in errors that delay the processing of these transactions.  We would like to share a few FARM setup reminders t

August 31, 2022
OBI Dashboard Updates

During the month of August, we mave the following OBI dashboard enhancements:

August 31, 2022
PCARD: Removing JP Morgan Cards from Concur

At this time, all JP Morgan payment cards have been closed. If you still have your old card linked to your Concur profile, please delete the information before scheduling any future travel. Using your old card information will cause the transaction to be declined.

August 31, 2022
PCARD: Billing Address Association with Bank of America (BofA) Cards

When using your new BofA Payment card online or adding the card into your Concur Profile you will be asked to enter the billing address that is associated with your card. All cards under the BofA program have a billing address of 1 Ohio University Dr. Athens, OH 45701.

August 31, 2022
Determining the Type of PCard you were Issued

If you look at your new BofA payment card, you will notice that all of the cards say Purchasing along the left-hand side. This is because BofA considers all cards in Ohio University’s program purchasing cards.

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