/financialservices/taxonomy/term/2/all en /financialservices/channels/news/update-pcard-regulation-modification-reglement-sur-la-carte-dachat-pcard-357889 <p><b>This message is sent on behalf of Julie Ghayad, Senior Director Systems and Transaction Services, Financial Services</b></p> <p> </p> <p>Dear Colleagues,</p> <p>The <a href="/financialservices/policies/pcard">PCard Regulation</a> has been updated:</p> <ul> <li><b>PR1.1 </b>now states that “PCard Holders must be ƽ���岻�� Employees <u>and must have successfully completed their probation period</u>”<b>.</b></li> </ul> <p> </p> <p><b>Need HELP?</b></p> Thu, 04 Jul 2024 15:13:06 +0000 tonia.ciricillo@mcgill.ca 18295 at /financialservices /financialservices/channels/news/effective-june-17th-improve-email-management-email-approval-notifications-will-be-sent-once-daya-357712 <p><b>This email is sent on behalf of Julie Ghayad, Senior Director Systems and Transaction Services</b></p> <p>Dear Colleagues,</p> <p>In order to reduce time spent on Email Management, we are pleased to announce that effective Monday, June 17<sup>th</sup>, Email Approval Notifications that are currently sent twice daily to FFMs/Delegates will be reduced to a daily process.</p> <p><b><u>Current Process</u></b></p> Thu, 13 Jun 2024 17:58:15 +0000 tonia.ciricillo@mcgill.ca 18294 at /financialservices /financialservices/channels/news/updates-us-federal-grants-requirements-mise-jour-directives-sur-les-subvention-federales-etats-unis-357703 <p><b>This message is sent on behalf of Elvie Coletta, Senior Director, Research Financial Management Services (RFMS), Financial Services</b></p><p></p> <p></p><p> </p> <p>The <a href="/financialservices/gfm/research-finance/usfederal">US Federal Grants Requirements</a> have recently been updated. If you are a recipient of a US Federal Grant please review the requirements.</p><p></p> <p></p><p> </p> <p></p><p> </p> <p><b>Need Assistance?</b></p><p></p> Thu, 13 Jun 2024 14:27:11 +0000 lisa.vawer@mcgill.ca 18293 at /financialservices /financialservices/channels/news/mcgill-financial-statements-month-may-2024-etats-financiers-de-mcgill-mois-de-mai-2024-357650 <p>To all Finance users,</p> <p> </p> <p>The month of <b>May 2024</b> is closed. You may pick up your Minerva Financial Statements by logging into Minerva via <a href="https://horizon.mcgill.ca/minerva">https://horizon.mcgill.ca/minerva</a></p> <p>This link will bring you directly to the Finance (Fund) Administration Menu >> Financial Statements menu option.</p> Mon, 10 Jun 2024 14:09:14 +0000 tonia.ciricillo@mcgill.ca 18292 at /financialservices /financialservices/channels/news/budget-carry-forwards-posted-may-fiscal-year-25-202425soldes-reportes-en-mai-de-lexercice-2025-2024-357649 <p><b>This message is sent on behalf of Cristiane Tinmouth, Associate Vice-President, Financial Services & Richard Martin, Executive Director, Analysis, Planning and Budget</b></p> <p> </p> <p>To all Finance users,</p> <p><b>Budget carry forward balances for all <u>applicable</u> funds have been posted to May of Fiscal Year 25 (2024/25). </b>This budget appears in account code 700421, 700422 or 700428 (depending on the Fund Type), and carries a document number starting with ‘CF’.</p> Mon, 10 Jun 2024 12:47:43 +0000 tonia.ciricillo@mcgill.ca 18291 at /financialservices /financialservices/channels/news/mcgill-financial-statements-month-april-2024-etats-financiers-de-mcgill-mois-davril-2024-357531 <p>To all Finance users,</p> <p><b>The University Fiscal Year 24 (2023/24) is officially closed</b>. You may pick up your<b> April</b> Minerva Financial Statements by logging into Minerva via <a href="https://horizon.mcgill.ca/pban1/twbkwbis.P_WWWLogin?ret_code=r">https://horizon.mcgill.ca/minerva</a>.</p> <p>This link will bring you directly to the Finance (Fund) Administration Menu >> Financial Statements menu option.</p> Mon, 03 Jun 2024 13:58:48 +0000 tonia.ciricillo@mcgill.ca 18289 at /financialservices /financialservices/channels/news/month-april-closing-delayed-month-may-fund-balances-cloture-du-mois-davril-reportee-soldes-du-mois-357278 <p><i>La version française suit.</i></p> <p>Good Day,</p> <p>Please note that due to the extended University year end period, the month of April will <u>not</u> be closing according to the usual month end schedule. <b>April 2024 is scheduled to be closed on June 3<sup>rd</sup>.</b> This means that financial statements for April are still not available. An email notification will be sent when the financial statements are ready to be picked up in Minerva.</p> <p>Until April is closed, please be mindful that <b>May</b> <b>fund balances</b> do not include the budget carry forwards.</p> Wed, 08 May 2024 15:14:06 +0000 tonia.ciricillo@mcgill.ca 18288 at /financialservices /financialservices/channels/news/revised-banner-users-forms-fgajvcq-fgajvcd-and-fgaencb-blackout-period-may-7-may-8-revise-357274 <p><i>La version française suit.</i></p> <p> </p> <p>To all Banner Finance Users,</p> <p><br /> In support of the Year-End effort, the processing of journals, IDC’s and manual encumbrances (Banner forms FGAJVCQ, FGADCSR, FGAJVCD and FGAENCB) will <b><u>not</u></b> be accessible from <b>Tuesday,</b> <b>May 7th, 9:00 AM</b> until <b>Wednesday,</b> <b>May 8th, 9:00 AM</b>. We apologize for the inconvenience.</p> <p><br /> <b>Need HELP?</b></p> Wed, 08 May 2024 12:02:11 +0000 tonia.ciricillo@mcgill.ca 18287 at /financialservices /financialservices/channels/news/banner-users-forms-fgajvcq-fgajvcd-and-fgaencb-blackout-period-may-7-may-8-formulaires-banner-357190 <p><i>La version française suit.</i></p> <p>To all Banner Finance Users,<br /> <br /> In support of the Year-End effort, the processing of journals, IDC’s and manual encumbrances (Banner forms FGAJVCQ, FGAJVCD and FGAENCB) will <b><u>not</u></b> be accessible from <b>Tuesday,</b> <b>May 7th, 9:00 AM</b> until <b>Wednesday,</b> <b>May 8th, 9:00 AM</b>. We apologize for the inconvenience.<br /> <br /> <b>Need HELP?</b></p> Fri, 03 May 2024 13:33:07 +0000 lisa.vawer@mcgill.ca 18286 at /financialservices /financialservices/channels/news/overhead-recovery-fee-fy2025-frais-de-recuperation-75-pour-lexercice-2025-357181 <p><i>** French to follow **</i></p> <p><b>This message is sent on behalf of Serge Bergeron, Senior Director, Budget and Finance , Analysis, Planning and Budget and Lara Pereira, Controller, Financial Services</b></p> <p>Dear Colleagues,</p> <p>The overhead recovery fee currently being charged on actual revenues earned in non-1A unrestricted funds will remain at 7.5% in FY2025. This is unchanged from FY2024. The process for collecting and recording of this fee will continue to occur on a quarterly basis.</p> Thu, 02 May 2024 15:39:24 +0000 lisa.vawer@mcgill.ca 18285 at /financialservices /financialservices/channels/news/updates-payment-request-policy-procedures-travel-modifications-politique-de-demandes-de-paiement-357143 <p><b>This message is sent on behalf of Julie Ghayad, Senior Director Systems and Transaction Services, Financial Services</b></p> <p>Dear Colleagues,</p> <p>The <a href="/financialservices/policies/payreq">Payment Request Policy and Procedures</a> has been updated:</p> Tue, 30 Apr 2024 16:41:05 +0000 lisa.vawer@mcgill.ca 18284 at /financialservices /financialservices/channels/news/fiscal-year-25-month-end-deadlines-submitting-financial-transactions-exercice-2025-echeances-de-fin-357137 <p><i>La version française suit.</i><br />  </p> <p>To all Finance Users,</p> <p>May 1, 2024 is the first day of Fiscal Year 25 (May 1, 2024 to April 30, 2025). For your reference, attached are the <b>FY25 Month End Deadlines</b> for submitting financial transactions in Banner (including Finance Accounts Receivable and Feed File submissions).</p> <p>These deadlines are posted on the <a href="/financialservices/gfm/schedules">Financial Services website</a>.<br />  </p> <p><b>Need HELP?</b></p> Tue, 30 Apr 2024 14:01:33 +0000 lisa.vawer@mcgill.ca 18283 at /financialservices /financialservices/channels/news/procurement-strategy-new-fiscal-year-prioritizing-local-suppliers-and-competitive-quotes-357120 <p><i>This message is sent out on </i><i>behalf of</i><i> Francois Pouliot, Senior Director, Procurement</i><i> Services</i></p> <p>Good day,</p> <p>In line with our governing principles of integrity and responsibility, and to ensure cost effectiveness, it is vital to obtain competitive quotes. Per best practices, a minimum of 3 potential suppliers should be solicited.</p> Mon, 29 Apr 2024 19:54:46 +0000 lisa.vawer@mcgill.ca 18282 at /financialservices /financialservices/channels/event/feed-file-submission-april-month-end-deadline-357022 <p>The deadline to submit feed files to Financial Services for <strong>fiscal period 12</strong> (transactions dated May 1st - 31st) is <strong>May 5th*</strong>.</p> <p>*Tentative</p> Tue, 23 Apr 2024 18:41:19 +0000 maryanne.giannone@mcgill.ca 18281 at /financialservices /financialservices/channels/event/feed-file-submission-march-month-end-deadline-357020 <p>The deadline to submit feed files to Financial Services for <strong>fiscal period 11</strong> (transactions dated March 1st - 31st) is <strong>April 3rd*</strong>.</p> <p>*Tentative</p> Tue, 23 Apr 2024 18:40:44 +0000 maryanne.giannone@mcgill.ca 18280 at /financialservices