Business Matters

As a federal funding recipient, Ohio University must document and track how employees distribute their time on sponsored projects.

In the previous articles in our Accounting 101 series, we explored the accounting formula and the first two components of the accounting equation: assets and

In previous articles in our Chart of Accounts (COA) series, we explored how key segments, including Entity, Source,

We have received feedback from some users who were unaware of recent system outages and service disruptions. OIT communicates system outage information through a variety of channels, so you may be receiving some notifications while missing others.

Over the past several months, we've been listening. Through focus groups and discussions with stakeholders from across the University, we've gained valuable insight into how financial information supports budgeting, reporting, research administration, human resources, payroll, procurement, compliance, and decision-making.

As we approach year-end close, please note that June 2026–26 and July 2026–27 will both remain open in JET from late June through the end of July. While this overlap provides flexibility, it also increases the risk of posting transactions to the wrong period.

In April, the Administrative Modernization Program (AMP) announced the launch of several Oracle Cloud readiness initiatives, including the Chart of Accounts (COA) re

Important Reminder: Proration of Expenses in Sponsored Programs

In sponsored programs, proration refers to adjusting expenses, so they reflect the actual period or portion of a cost that benefits a specific project or activity.

While the start of FY27 is still several weeks away, we want to provide an early reminder about how account balances will appear in OBI during the fiscal year transition. Sharing this information in advance helps users understand what to expect when reviewing balances at the beginning of the new fiscal year.