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New Policies on Payment for Memberships and Certifications
- Traveling on Sponsored Awards
- Finance and Planning Offers Online Training Resources
- Welcome to Compliance Corner
- Allowable Cost Matrix
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New Policies on Payment for Memberships and Certifications
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The Office of the Controller at Georgia Tech has created two new policies to provide clarity on the allowable costs for professional memberships, licenses, certifications, and specialized training.
These policies, “Professional Memberships” and “Professional Licenses, Certifications and Specialized Training,” detail the permissible expenses and funds that can be used for professional development.
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| Traveling on Sponsored Awards
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Traveling on a sponsored award requires careful planning and adherence to specific guidelines. It is crucial to ensure that all travel costs are reasonable, allowable, allocable, and consistent. From adjusting your travel authorization to documenting your travel expenses, every step matters.
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| Finance and Planning Offers Online Training Resources
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Finance and Planning offers online training resources to enhance your knowledge of finance-related topics. These resources are designed to support a multitude of campus roles and ensure comprehensive understanding of Georgia Tech’s financial processes.
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Welcome to Compliance Corner
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This new “Compliance Corner” section of the Financial News Bulletin is dedicated to providing updates on current or upcoming initiatives related to financial compliance. This month, the focus is on the Allowable Cost Matrix tool, which is used to align planned purchases with fund allowability.
New topics will be highlighted in this section to help meet Institute, state, and federal requirements and maintain the integrity of financial operations. Stay tuned for expert insights, best practice tips, and updates on any changes in compliance regulations that could affect operations.
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The Allowable Cost Matrix is a vital tool designed to assist the accounting and finance staff in making informed decisions regarding Institute expenses. Updated in 2023 with the valuable input of campus partners, the matrix now operates as a live, interactive tool on the Office of the Controller’s website.
This enhanced matrix allows easy navigation through all Institute fund groups and common expense types. It offers keyword search, ensuring swift access to needed information, and is always up-to-date, eliminating version control concerns.
Utilize ServiceNow to submit questions regarding the Matrix.
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Workday Business Assets for FY25
August 1
Workday Business Assets is now open for fiscal year 2025 transactions. The Capital Ledger is now closed for fiscal year 2024.
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Procurement and Business Services Office Hours
Wednesdays from 9 to 10 a.m.
Thursdays from 1 to 2 p.m.
Weekly virtual office hours for the campus community to talk live with team members from Procurement and Accounts Payable to discuss any questions.
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| | The Latest Buzz with Grants and Contracts
Wednesday, August 28
1:30 to 3 p.m.
Grants and Contracts hosts a monthly information session to provide post award research news and updates to the Georgia Tech research community.
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