This online AR payment vendor pulls student housing payments, guest meal cards, and pet deposits for reconciliation and GP integration.
What is PayPal?
A tax on the use of goods or certain services in Washington when sales tax has not been paid.
What is Use Tax?
This process preceeds dining operating budget development and determines how much dining plans and that revenue will increase in the upcoming year.
What is the dining rate set budget process?
The EU enacted this data protection law in 2018. It's why so many websites ask you to accept cookies.
What is GDPR (General Data Protection Regulation)?
For UW employees tracking their time, this is the amount of time that Workday will round up or down to.
What is fifteen minutes?
For refund reviews of $10,000.00 and over - AR will need to seek approval from this person.
Who is Mark Stanley?
A tax that took effect in January 2018 on caloric sugar-based drinks.
What is the Sweetened Beverage Tax?
"This system is in the process of being internally developed for use in gathering data for various analysis done by FP&A. From Wikipedia: (BLANK) are central repositories of integrated data from one or more disparate sources. They store current and historical data in one single place that are used for creating analytical reports for workers throughout the enterprise"
What is a Data Warehouse?
2 CFR 200.33 defines THIS as: tangible property, useful life of more than one year, AND per-unit acquisition cost of $5,000 or more.
What is Equipment?
This absence type should be used first each year -- use it or lose it!
What is Personal Holiday Time Off?
This new student housing and deposit payment-system/vendor was implemented this year; it allows payments to international customers.
What is Flywire?
Electronic payments that pull funds directly from a checking account instead of writing a paper check.
What is (ACH) Automated Clearing House payments?
This report forecasts the financial standing of HFS over the next 10 years, and is maintained by the Assistant Director of Financial Planning & Analysis
What is the Housing Master Plan?
Term for when a Purchase Order, Invoice, and Receiving Document are compared and automatically approved.
What is a 3-way match?
This federal law protects workers from negative impacts to their job when time off is needed; examples are serious illness or injury; prenatal or postnatal care.
What is FMLA, Family and Medical Leave Act?
An equity account that collects and records all economic benefits received from revenue-earning business activities.
What is a revenue account?
A Visa purchasing card available for faculty and staff to reduce the use of small dollar business purchases rather than petty cash.
What is ProCard? OR What is UW Procurement Card?
This budget within HFS is in negative financial standing overall, and being analyzed for remedial work.
What is Retail Food Services?
This $10,000 threshold can trigger many purchasing laws
What is the Direct Buy Limit?
A UW employee assistance program that provides services to benefit- eligible employee, and their dependants such as counseling, legal advice, financial guidance.
What is UW CareLink?
A specific identification number attached to a business that tells the payment processing systems involved in a transaction where to send funds.
What is a Merchant Identification number?
This is the two-word expression for a period allowed to a buyer to pay off the amount due.
What is payment terms?
This is an agreement with an HFS partner that protects HFS from losses by requiring them to contribute resources for mutually affected projects.
What is an MOU?
Unlike VLOOKUP, this new Excel function can search both right AND left!
=FUNCTION(F2,B2:B11,D2:D11)
(Lookup value, Lookup column/array, Return column array) What we're finding, where we're looking, what info we're bringing back
What is XLOOKUP?
This is term is used for the break period many of our co-workers in Dining and Facilities take during the Summer or Winter breatk that allows them to continue their service period with the University without interruption.
What is Cyclic Time Off or Cyclic Yearly Time Off?