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2011-2012 University Year-End Memo

Dear Colleagues, The annual Year-End Memo which details the 2011-2012 University deadlines and procedures for financial transactions is available on the Financial Services website at http://www.mcgill.ca/financialservices/yearend/.

Classified as : Staff, Faculty, External, Students
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Published on : 02 Apr 2012

FY12 Year-End Reporting and Communication Meeting - PRESENTATION NOW AVAILABLE!

Dear colleagues, Please note that the FY12 Year-End Reporting and Communication Meeting will be held on Friday, March 30, 2012, 9:00 to 10:30 a.m. in the Bronfman Building, Room 422, 1001 Sherbrooke Street West. The PRESENTATION, AGENDA and MEMO are available on the Financial Services website using the undernoted link: http://www.mcgill.ca/financialservices/yearend/

Classified as : Staff, Faculty, External, Students
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Published on : 28 Mar 2012

FY12 Year-End Meeting - Memo and Agenda

Dear Colleagues, Please note that the FY12 Year-End Reporting and Communication Meeting will be held on Friday, March 30, 2012, 9:00 to 10:30 a.m. in the Bronfman Building, Room 422, 1001 Sherbrooke Street West. The AGENDA and MEMO are available on the Financial Services website using the undernoted link: http://www.mcgill.ca/financialservices/yearend/

Classified as : Staff, Faculty, External, Students
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Published on : 26 Mar 2012

Quarter Ending January 31, 2012

Dear Colleagues, In an effort to generate accurate financial statements for the third quarter of our fiscal year, being January 31, 2012, please ensure that all invoices on hand for goods and/or services received to January 31, 2012 are received by Accounts Payable by February 6th, 2012 to ensure processing in the appropriate fiscal period.

Classified as : Staff, Faculty, External, Students
Category :
Published on : 26 Jan 2012

Deposit Form FGADCSR and the QST rate change

This communication is directed to those who process taxable sales using Banner Deposit Form FGADCSR. The QST rate is increasing from 8.5% to 9.5% effective January 1, 2012. Banner is now updated to reflect this new rate. When processing sales during the transition period, it is important to make a conscious decision about which tax rate should apply.

Classified as : Staff, Faculty, External, Students
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Published on : 22 Dec 2011

QST rate change effective Jan. 1, 2012

As part of the Quebec government’s measures previously announced to tackle its growing budget deficit, the Quebec sales tax rate (QST) will be increasing another 1%, from 8.5% to 9.5% effective Jan. 1st, 2012.

Classified as : Staff, Faculty, External, Students
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Published on : 05 Dec 2011

Transaction Services - Holiday Deadlines 2011

Financial Services strives to continue to serve the University in light of the current work disruptions. Our priority continues to be the reimbursement of expense reports and processing of vendor invoices. We are unable to commit to the usual turnaround time and are establishing the following deadlines for Transaction Services prior to the Holidays.

Classified as : Staff, Faculty, External, Students
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Published on : 23 Nov 2011

Observations on expenses flowing through Petty Cash Advances

To all Faculty Financial Officers and Administrative Officers, “Petty cash” disbursements of expenses continue to be available via advances and are proving to be effective and efficient, especially during the current labour disruptions. We remind you that expenses incurred should represent eligible business expenses where cash is the only method of transacting.

Classified as : Staff, Faculty, External, Students
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Published on : 26 Oct 2011

Fiscal Year 2013 MIP Unit Income Distribution Rate

Dear Colleagues, Please find attached a memo from Anthony C. Masi and Michael Di Grappa announcing the Fiscal Year 2013 MIP Unit Income Distribution Rate. Should you have any questions regarding this matter; please do not hesitate to contact me (ext 2310) or Leah Trineer, Senior Financial Officer (ext 1839). Best regards, Cristiane Tinmouth, CA Controller Financial Services

Classified as : Staff, Faculty, External, Students
Category :
Published on : 25 Oct 2011

uPrint - Campus Printing

Further to the Memorandum on uPrint, issued by Jim Nicell, Associate Vice-Principal University Services on June 21, 2011, below you will find steps you should follow upon receiving this Memorandum to ensure uPrint information is accurate and up-to-date.

Classified as : Staff, Faculty, External, Students
Category :
Published on : 07 Jul 2011

Fiscal 2012 MIP Unit Income Distribution Rate

The MIP unit rate for Fiscal 2012 has been calculated using a 4.25% distribution rate based on a three-year rolling average of Endowment Fund market values for the three-years ending at May 31, 2010. This calculation is consistent with past calculations, with the exception of Fiscal 2010.

Classified as : Staff, Faculty, External, Students
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Published on : 15 Apr 2011

New Reports to Manage Your Endowment Funds

As you are undoubtedly aware, the University has been focusing on ensuring that income from endowment funds gets spent in order to ensure maximum benefit for our students, staff and researchers. To support finance users in ensuring effective management of their endowment funds, we are pleased to introduce two new reports – Endowment Planning Report and Endowment Monitoring Report.

Classified as : Staff, Faculty, External, Students
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Published on : 30 Mar 2011

QST rate change effective Jan. 1, 2011

In an attempt to tackle its growing budget deficit, the Quebec government announced an increase to the Quebec sales tax rate (QST) from 7.5% to 8.5% effective Jan. 1st, 2011.

Classified as : Staff, Faculty, External, Students
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Published on : 01 Dec 2010

Banner/Minerva upgrade completed

The scheduled upgrade of Banner/Minerva is completed and related systems are now open. Note that when logging into Banner, instead of simply entering “BANNER” as the database name, you will need to specify “BANNER.MCGILL.CA”. Please see the full announcement for important details.

Classified as : Staff, Faculty, External, Students
Published on : 22 Nov 2010

Carryforward QA memo

Please see the attached memo from Prof. Jan Jorgensen, Associate Provost (Faculty Affairs & Resource Allocation).

Classified as : Staff, Faculty, External, Students
Published on : 05 Nov 2010