Policy Number: 300-001 Business and Finance
Policy Title: Accounts Payable: Payments to Vendors
Responsible Officer: Chief Financial Officer
Responsible Office: Office of the Chief Financial Officer (Controller)
Effective Date: June 29, 2011
Next Review Date: June 29, 2021
Summary: This Policy establishes uniformity in the invoicing, receiving, recording, and remitting of payments to vendors for goods and services used in the ordinary conduct of University business. It pertains to third-party vendors only.
Keywords: vendor, accounts payable, invoice, payment, purchase order