To review a list of known issues we are working on please visit our Workday Finance status page. Have something additional to report? Contact askfinance@virginia.edu
Resources
Contact the Payment Card Services to discuss the programs available and other considerations such as costs, accounting and security requirements. This information will assist the department’s understanding all of the ramifications of accepting credit cards directly, through EventBrite or another third-party provider.
We will then meet with the Program Coordinator, the department web developer if appropriate and your Fiscal staff to determine your needs.
The next step is to review the application procedure, complete an application, and submit it to Payment Card Services.
- Any agreement or contract to process or receive revenue from payment card activity by members of the University, University-related community or Medical Center requires prior approval. See policies at FIN-037: Governance and Compliance Requirements for Payment Card Activities for the University and Medical Center Policy 0335: Use of Payment Cards at the Medical Center.
- Any unit anticipating NEW revenue from any source, directly or indirectly, must have prior approval for new Revenue Generating Activity.
Retail Sales and Use Tax Instructions For University of Virginia Departments and Units Engaged in Taxable Sales
This Quick Reference Guide (QRG) is designed to walk employees through the process of adding, deleting, and viewing tags and comments on transactions in Workday. The tag and comment functionalities allow users who have access to certain objects (i.e. requisitions) or are involved in a transaction or business process (i.e., approvers) to communicate and collaborate with others. The tagging functionality is available in the Activity Stream.
To effectively control and account for: 1) the permanent transfer of equipment assets to UVA, or 2) the permanent transfer of UVA equipment assets to another institution.
F&A Distribution by Project for FY22, in Excel spreadsheet format (.xls or .xlsx).
These procedures apply to University departments, divisions or schools who extend credit for goods or services to students, faculty, staff and other customers, or that handle collections of accounts receivable including student receivables managed by Student Financial Services (SFS).
These procedures do not cover accounts receivable managed by the Office of Sponsored Programs (OSP) or gift pledge receivables which are managed through University Advancement.
Credit-Collection_Procs.pdf379.89 KB
Financial Reporting & Operations (FR&O) is responsible for maintenance and administration of this procedure. FR&O, in
conjunction with Facilities Management (FM) Finance, is responsible for ensuring that this procedure is followed whenever
capitalized projects are created and/or funded.
Create_Cap-Asset-Proj.pdf406.5 KB
This Visiting Student Scholar Agreement (“Agreement”) is made by and between The Rector and Visitors of the University of Virginia for the University of Virginia School of _________ (“UVA”) and ________________________ (“School”) (each hereinafter an “Institution”).
Visiting-Student-Scholar.docx28.29 KB
Template for generating a UVA invoice for goods & services.
InvoiceTemplate_Sample.docx36.62 KB
SESAC Performance License for Colleges and Universities. Access to this form requires Netbadge
General Agreement for Academic Cooperation and Exchange (“Agreement”) to foster international cooperation in education and research.
General-Collaboration.docx24.22 KB
This form should not be used for deposits to expense codes. Deposits from University-affiliated organizations must be processed as gifts.
Deposit-Receipt_Form.pdf775.7 KB
American Society of Composers, Authors, & Publishers licensing agreement with the University.
To effectively control and account for: 1) the permanent transfer of equipment assets to UVA, or 2) the permanent transfer of UVA equipment assets to another institution. The procedure ensures UVA’s financial statements and Fixed Assets Sub-ledger properly reflect all such activity.
Debt Accounting is responsible for the accounting of the University’s external and internal debt in compliance with state and University guidelines and provides support to Treasury Management to create and monitor debt capacity models and financial schedules to measure the maximum amount of debt that the University may issue and help maximize the use of debt funds. In addition, this function maintains debt executive summaries to analyze the financial strength of the University in comparison to other public universities.
Our mission is to ensure the ongoing fiscal integrity of the University through the effective management of all of its Fixed Assets (Land, Buildings, Infrastructure, Equipment, Vehicles, Software, Library Books, etc.) policies. This includes the review and analysis of capital building projects, the capitalizing of all University Fixed Assets, the maintaining of an accurate Fixed Assets System, and the conducting of annual inventory audits. The Fixed Assets Accounting Group is responsible for providing financial reporting to the University, the Commonwealth, and other regional and national agencies, including federal sponsors such as NASA and the Department of Defense. We are also responsible for administering the Equipment Trust Fund (ETF) program.
The Higher Education Equipment Trust Fund (ETF) was established by the General Assembly to meet a need for new or updated equipment for various educational and general programs in Virginia institutions of higher education. The State Council of Higher Education (SCHEV) and the Virginia College Building Authority (VCBA) administer the ETF Program. SCHEV and VCBA sell bonds to raise the funding for this program. As a recipient of this funding, the University is obligated to meet certain legal requirements associated with this fund, as established by SCHEV and VCBA. The Office of Financial Planning & Analysis (FP&A) and UVA Fixed Assets Accounting coordinate all ETF-related activity for the University of Virginia.