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Business Matters

April 29, 2026
Grants Cost Allowability and Cost Transfer Reminder

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.

April 29, 2026
Procurement Planning for Year End

As we approach year-end, campus users are reminded to plan ahead for the purchase of goods/services. Specific scenarios to consider include:

April 29, 2026
New Object Codes for Standardized Patients and Visiting Clinicians

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.

April 29, 2026
Liabilities

In our first article in this series, The Accounting Formula – The Foundation of Everything, we introduced the foundational equation that underpins all financial reporting:

April 24, 2026
Understanding the Organization and Activity Segments in the Chart of Accounts (COA)

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. 

April 15, 2026
Ohio University Administrative Modernization Program: Key Updates and What They Mean for Business Stakeholders

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.

April 15, 2026
Important Fiscal Year-End Information

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.

April 15, 2026
JET Journal Entry Backup Requirements

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.

April 14, 2026
An Introduction to Nonresident Alien (NRA) Taxation

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).

April 6, 2026
Jet-Set Ready: Quick Travel Guide for International Travel - Spring/Summer 2026

Passport. Per Diem. Prepared. Go! Your pre-flight cheat sheet for smooth, stress-free international travel this Spring/Summer 2026.

1. Register Your Trip