Project sponsors expect the grantee institution (Ohio University) to establish and maintain adequate financial management practices and policies so that costs are appropriately charged at the time incurred and significant adjustments are not generally required.
Business Matters
As we approach year-end, campus users are reminded to plan ahead for the purchase of goods/services. Specific scenarios to consider include:
Two new object codes have been created to improve how we track and process payments for standardized patients and visiting clinicians. These updates are part of an effort to streamline payments, increase transparency, and ensure consistent classification of services across campus.
In our first article in this series, The Accounting Formula – The Foundation of Everything, we introduced the foundational equation that underpins all financial reporting:
In last month’s edition we discussed the role of Entity and Source in our COA. The COA provides a structured way to capture the full story behind every financial transaction, with each segment answering a specific question. In this edition, we focus on the Organization and Activity segments.
Ohio University’s Administrative Modernization Program (AMP) continues to make significant progress as the institution advances one of its most ambitious operational transformation efforts in decades.
We’re coming up on the fiscal year-end. As the close of the fiscal year draws near, we want to remind the university community that June 30 marks an important deadline.
What & Why
Departments are required to retain complete and readily accessible supporting documentation for all journal entries submitted through JET. This documentation is essential to demonstrate the accuracy, validity, and business purpose of each entry.
As a global institution, our university regularly engages with individuals from around the world, whether as employees, students, researchers, lecturers, or vendors. With that global reach comes the responsibility to comply with U.S. tax laws that apply specifically to nonresident aliens (NRAs).
Passport. Per Diem. Prepared. Go! Your pre-flight cheat sheet for smooth, stress-free international travel this Spring/Summer 2026.
1. Register Your Trip