Accounts Payable Procedures

Similar documents
Business/Non-Instructional Operations

Fast Track Processing SPEED ORDER SYSTEM State Purchases Up To $ SUNY at Buffalo

Fayette County Public Schools Fixed Asset Procedures

EZ-FREIGHT SOFTWARE OPERATIONS MANUAL

14300 Schaefer Hwy. Detroit, MI Tel (888) Fax (313)

Activant Prophet 21. Getting Started with Voucher Creation

Accounts Payable-Vendor Partnership

How do I Reconcile MCPS Invoices?

KEYING AN INVOICE IN MUNIS

Operations Support (OSP) Documentation Summary Sheet for: Staff Costs

Order Entry User Manual

MUNIS Financials Quick Reference Guide

SPECIAL ORDER PROCESS ORDERS PROCESS DELIVERY PROCESS

Work Orders Quick Reference

Workflow Process: Sales Orders

DATATRON Features Order Entry (Invoicing)

Bloomburg ISD 211 W. Cypress Street Bloomburg, TX 75556

SPECTRUM+ SYSTEM. Accounts Payable. Regular Voucher Entry. User Guide for Departments. PeopleSoft Version 9.2. Revised 9/16/2015.

CHAPTER 10 ACQUISITION AND PAYMENTS

ProfitMaker to ASI Smartbooks Report Cross References

Financials Module: Accounts Payable

efinance Plus Instructions

University of North Dakota PeopleSoft Finance Tip Sheets. Vendor Payment Inquiry

DISD Purchasing Procedures I. Approved Vendors: II. Shipping Charges Shipping charges MUST be added to the requisition.

Objective. Overview. Prerequisites

OSP / QuickBooks Web Connector Setup

MUNIS REQUISITION ENTRY

Receiving On Goods. Find Purchase Order to Start Receiving

3M Ariba Light Account Network Collaboration for Suppliers

3 Customers. Chapter LEARNING OBJECTIVES

CENTRAL SUSQUEHANNA INTERMEDIATE UNIT Application: Consumables Inventory

Accounts Payables Accruals

Welcome to the topic on purchasing items.

Vendor FAQ. Services vs Products. Enrichment Certificates & Purchase Orders

v10.5 Enhancements List

Frequently Asked Questions (FAQ)

International Institute of Tropical Agriculture

ONESolution Accounts Payable Special District User Guide

P E O P L E S O F T 9. 2 P A Y M E N T R E Q U E S T E N T R Y

Management, Budget & Accounting Department Accounting & Control Bureau Section 412.2

FREQUENTLY ASKED QUESTIONS (FAQ)

User Manual Phase III Upgrade Aneto NAV Packetization 4 ANETO GROUP

Solar Eclipse Standard Operating Procedures Accounts Payable

This section defines the information required on each of the listed documents:

11. Accounts Payable

Accounts Payable Policies and Procedures

Year End Closing Deadlines

Invoicing. Invoicing. This document contains Kohl s Invoicing and Accounts Payable Process. Kohl s Department Stores 03/19/18 Page 1

Overview Invoices to be entered through this program are invoices that do not have supporting purchase order or contract documents.

Order entry and fulfillment at Fabrikam: an ERP walkthrough

Activant Prophet 21. RMA Processing and Inventory Returns

Invoice Collaboration with SNC Supplier

Disbursement Vouchers (DV)

After a valid PO is received from Party City/Party America, follow these procedures to ensure your invoices are paid on a timely basis:

Fulfillment by Wish US PRACTICAL GUIDE TABLE OF CONTENTS. What is Fulfillment by Wish? Benefits From Using Fulfillment by Wish

APPENDIX 2 COMMUNITY DEVELOPMENT COMMISSION FINANCIAL CHECKLIST REQUIRED FOR ALL APPLICANTS (A SITE VISIT MAY BE CONDUCTED LATER)

The BUSINESS EDGE Revision Notes November 2011 August 2012

University of Arkansas at Little Rock Inventory Procedures Manual Revised March Table of Contents

frequently asked questions

KEY PROCESSES. TRAVEL Starts with a Travel Authorization

Midwest Dental Routing Guide

Alphabetical TrulinX Program List

Bloomberg Ariba Network. Online Invoice Guide

Volume 7.2 UNIVERSITY OF NEVADA, LAS VEGAS. Purchasing & Contracts Department. MUNIS User Manual

Conroe Independent School District

To Our Prospective Customer:

PROCEDURES AND PAPERFLOW

Vendor Partnership Manual. Section 13 Accounts Payable

Pleasanton ISD Purchasing Manual

Dominion Energy Invoicing and Payment portal powered by Taulia

Walgreens Post Audit Policy

SMALL BUSINESS FRAUD ASSESSMENT INTERNAL CONTROL QUESTIONNAIRE Download your risk assessment form at

Feature List. Freight.Ware for LTL Carriers. Included Features: 1 P a g e

Private Bonded Warehouse Procedure

Travel and Expense-Expense Report

Finance overview for DSVs

Killeen ISD Accounts Payable Department. Carolyn Duncan Accounts Payable Specialist

Updated January 1, 2017 New Client Engagement Letter / Notice Bookkeeping & Accounting Services

Customers and Sales Part II

SUPPLIER POLICIES AND PROCEDURES

What s Up With the MORE Button?

Kalina Sukarova, Senior Financial Management Specialist

Order entry and fulfillment at Fabrikam: an ERP walkthrough

Customers and Sales Part II

Purchase Requisition for Goods in Lawson Financials

ANZ SUPPLIER PURCHASING AND INVOICING GUIDE

MBS ARC Training Manual

Procurement Accounts Payable (AP)

Sage 100 ERP 2015 What s New

Work will begin on the project when the Letter of Agreement has been signed.

This section defines the information required on each of the listed documents:

BillQuick Peachtree Integration

Functional Area Systems Accounting Transaction Systems

1/22/2018. Functional Area Systems Accounting Transaction Systems. Functional Area Information Systems

Description: This manual describes the process for a TCAT user to submit a travel claim through Jaggaer for approval.

10/2/2018. Functional Area Systems Accounting Transaction Systems. Functional Area Information Systems

Department Reconciliation Guidelines For Reconciling Payment and Receipt Transactions to WISDM

How to Prepare For and Survive Fiscal Year End

FREQUENTLY ASKED QUESTIONS (FAQ)

ACCOUNTS PAYABLE PROCEDURES

Transcription:

Accounts Payable Procedures General purchase order rules I. Invoice processing for payment To process invoices for payment Accounts Payable must have the following: FOR MERCHANDISE Accounts Payable copy of the Purchase Order documenting receipt of the order or service. (If the merchandise is received in the Warehouse the Warehouse will forward the necessary documents to Accounts Payable. If the merchandise is received at a school site or is a Pick-Up order, the School/Department is responsible for forwarding the Accounts Payable copy of the Purchase Order to Accounts Payable. Proof of delivery (packing lists/vouchers) must accompany the Purchase Order. Each Purchase Order must have a signature and date to authorize that the Purchase Order may be processed for payment. An originator copy of the vendor's invoice is required by auditors to process payments. All MUNIS Purchase Orders Invoices must be billed to the Fayette County Board of Education or Fayette County Public Schools Accounts Payable IAKSS. Partial payments to Vendors are NOT permissible for merchandise orders. Our purchase orders now read: Orders must be shipped complete! Back ordered items are not allowed! Partial Shipments will be considered complete and therefore the purchase order will be closed. This does NOT apply to textbook orders. The purchase order will then be processed and paid for the partial shipments of merchandise, which are received on an order and the remaining amount will be liquidated and put back into your accounts. If you would like to order the backordered items when they are available a new purchase order to the vendor will be required. In either situation above, please attach packing lists and sign and date the Purchase Order copy to authorize payment of the partial shipment; Forward all the documents to Accounts Payable, IAKSS. Purchase Orders should include a shipping/freight allocation to ensure that there are sufficient funds to process the invoice for payment if the vendor adds freight/shipping charges. A base line figure to use for freight estimates is 10% of the Purchase Order total. Purchase Orders that do not have sufficient funds to cover the invoice totals (amounts that exceed the allocation by 10% cannot be processed) must be revised through Purchase Order Maintenance. Purchase Order Maintenance must be requested in writing or e-mail Kim Stevens in Financial Services. A detailed explanation on the updates being requested should be included in the request. We cannot do purchase order maintenance to purchase orders which are not in the current year. For example, the 2005-2006 fiscal year purchase orders begin with the digits 26. If maintenance is

requested for a purchase order that begins with 25, 24, or 23, we cannot process this maintenance except for a request to cancel the purchase order. Please contact Rodney Jackson or Rebecca Riley in Financial Services if you have questions or concerns. FOR SERVICE Indicate on the purchase order the dates the service was provided, the rate of payment and the nature of the service provided. Forward the Accounts Payable copy of the Purchase Order documenting receipt of the order or service to Accounts Payable. Each Purchase Order must have a signature and date to authorize that the Purchase Order may be processed for payment. An originator copy of the vendor's invoice is required by auditors to process payments. All MUNIS Purchase Orders Invoices must be billed to the Fayette County Board of Education or Fayette County Public Schools, Accounts Payable, IAKSS. Partial payments to vendors are permissible when partial services are received on an order. Make a copy of the Purchase Order; indicate on the Purchase Order copy the amount of service received and sign and date the Purchase Order copy to authorize payment of the partial shipment for services rendered so far; Forward all the documents to Accounts Payable, room 111 IAKSS. W-9 form (completed by the vendor prior to services being performed) must be forwarded to accounts payable on ALL service vendors prior to processing for payment. A current CONTRACT must be completed and signed by the vendor, reviewed by the Legal Office, and signed by the superintendent and a copy must be submitted to Accounts Payable with the original vendor invoice and Accounts Payable copy of the purchase order. The purchase order should be made out for the entire amount of the contract and then partial payments made as work is done. The process should be as follows: 1) when the items are received the schools/departments should send the signed Accounts Payable copy to accounts payable along with the contract so that the invoice(s) can be matched and paid on a timely basis. (2) then every partial payment after that related to that same purchase order and contract, the school/department should copy their copy of the purchase order & send it along with the new invoice to accounts payable suite 111 for payment. Accounts Payable staff will then partial pay on that purchase order until the contract is fulfilled. For more information on Contracts related to Consultants see Consultants under Accounting on Financial Services website. PURCHASE ORDER LIQUIDATION 1. Purchase Order liquidation results when a purchase order has been processed for payment or when a purchase order has been requested to be canceled through Purchase Order Maintenance. 2. Liquidation processes can be accessed under CHANGES in the Menu of Purchase Order Inquiry Invoice Payment Information can be accessed under Purchase Order Inquiry by selecting INVOICES

or in Vendor Inquiry by selecting MENU, then select Option 1 (Invoices). Select the Fiscal Year and blank out the invoice status before clicking on Escape. II. VENDOR NUMBERING STANDARDS The vendor number is a five-digit number. The vendor numbers that should be used by most requesters would start with 00000-19999 and 30000-39999. If you see a vendor number that starts with 20--,70-- or 90-- please do not use it. These numbers are reserved for Food Service, Tax Refunds, Payroll and Insurance. You might find the same vendor with two different vendor numbers. One starts with 00-- and the other starts with 90--. You should always use the 00-- number. Even if you find a vendor that only has one number and it is 90-- you SHOULD NOT use it, but contact the Purchasing Office to request a new vendor number (see vendor request form in down load forms). All Vendor Requests must be in writing. You cannot enter a Purchase Order until you have the proper vendor number. III. REQUESTING A NEW VENDOR 1. Check the vendor list thoroughly to verify that the vendor does not exist. Remember that a vendor may be listed in a number of ways --- so be creative when searching. 2. To conduct vendor Searches: 1. Select Purchasing Menu 2. Select Menu Option C (Purchase Order Inquiry and Reports Menu) 3. Select Menu Option A (vendor Inquiry and Reports) 4. Select "Find" 5. Press [ENTER] until cursor is in Name Field and enter a portion of the vendor Name to search on. This feature works differently than the [GOTO] feature in Purchase Order Entry - YOU MUST enter a portion of the name followed by an asterisk (*). To do a more thorough search you can put the asterisk (*) before and after (*). You must also type in ALL CAPS in this program. EXAMPLE: To find all vendors beginning with the letter L enter L*. To find all vendors beginning with LEX enter LEX*. To find all people vendors with a last name of SMITH enter *SMITH. 3. For vendors that have an address that varies from the one listed in the vendor file DO NOT request to have a new vendor set up for the new address. Forward the vendor address information to Accounts Payable so that vendor addresses may be updated. 4. If the vendor you need is not found, SUBMIT IN WRITING a New vendor Request to the Purchasing Office. Include the complete vendor name, ordering address and remittance address (if applicable) of the vendor. If the vendor is providing services rather than merchandise and is not incorporated a form W9 will need to be sent to the vendor. Therefore, you MUST include the vendor's Social Security Number and/ or their Federal I.D. Number.

5. DO NOT request a vendor number for employees of FCPS unless it is for reimbursement. Employees of the FCPS must be paid by STIPEND for any services rendered. IV. SHIPPING CODES WARE - to be used for any order that is to be shipped to the Warehouse. PICK-UP - this code is to be used ONLY if the product will be physically picked up. VII. CREDITS AND CREDIT MEMOS All Credit Memos received from a vendor should be forwarded to the Accounts Payable Office. Codes to which you wish to have the Credit applied to should be hand-written on the Credit Memo (Org, Obj, Project) or give us the PO number. Credits are not to be indicated on the Purchase Order as a line item and subtracted in the Total field. IX. REQUESTING PROFESSIONAL LEAVE When Professional Leave (Board Approved) is requested and approved, a Purchase Order must be generated. The assigned Purchase Order number must be indicated on the request form for Professional Leave Reimbursement. The Purchase Order would not have to be in detail, but the Purchase Order amount must be an amount for which the reimbursement amount could not exceed. If the individual to be reimbursed is not on the vendor list, the Purchasing Office must be contacted so they can assign a vendor number before the Purchase Order can be issued. It is very important that the person entering the purchase order for travel reimbursement make sure the address is correct for the employee seeking reimbursement. X. REQUESTING MILEAGE REIMBURSEMENT (LOCAL TRAVEL ONLY) Mileage reimbursement forms are used for employees to be reimbursed for local daily travel that occurs. This type of travel requires a Purchase Order to be generated at the time the Reimbursement Form is submitted to the supervisor for approval. The Purchase Order and Mileage Reimbursement Form should be submitted to Hope Hobegood. Destination must originate from either a school site or from Support Services. FCBE vendor codes (cost to schools/departments) 2727 Warehouse furniture/equipment purchases only 2734 Warehouse instructional supplies, projection bulbs purchases 2730 Food Service 2742 Printing 2748 FCBE (reimbursement to the general fund) (example: transportation)

*NOTE: Individual School Cafeterias are not to be paid. Use Food Service.