The university has successfully completed the full implementation of PaymentWorks, our centralized platform for supplier onboarding and payment verification. This milestone strengthens payment security, improves transparency for suppliers, and streamlines processes for departments across campus.
Ohio Senate Bill 1 (SB1) requires public colleges and universities to be more transparent about payments made to outside speakers and honoraria. Specifically:
Think of a university as a busy kitchen: tuition, grants, donations, and state funding are the ingredients, and programs, salaries, and research are the dishes. Accounting is the recipe that keeps everything organized, ensuring the university can serve students, faculty, staff, and the community effectively.
Important tax reminders for all departments and employees are as follows:
Year-End Tax Forms Received by Ohio University
Revised Departmental Guarantee Memorandum (DGM) Procedure in Effect
Year-end close can feel like it’s far away, but it will be here before we know it! The good news is that a few consistent monthly best practices can make June and July far more manageable. By building these habits into your regular routine, you’ll reduce surprises, save time, and keep stress levels (and inboxes) under control.
An expansive winter storm is shaping up to impact millions from the central Plains to the East Coast on Friday through Sunday.
Public universities in Ohio operate under a unique tax framework. As state institutions, they are exempt from many taxes that apply to private organizations, but they are not tax-free. Certain taxes still apply depending on the university’s activities, employees, and revenue sources.
Beginning on January 1, 2026, the standard mileage rate for the use of a personal vehicle is 72.5 cents per mile for business use. These rates apply to all vehicle types (including electric, hybrid-electric, gasoline and diesel-powered vehicles).