Archived Announcements
Redesigned Ledgers Coming This Month
A redesigned ledger for
educational & general funds (those starting with E, I, N, or
R) is now available on the IRIS
menu. This ledger generally has all the
information found on current ledgers, but in a cleaner
format.
Read on for more details.
PCI Data Security Standards
Self-Assessment Questionnaires (SAQ’s)
Accepting credit cards at the
University of Tennessee as a payment option requires that
the university comply with the security standards
established by the payment card industry. The completion of
an annual self-assessment
Common Travel Issues
As the new academic and fiscal
years get underway, faculty and staff will be traveling to
conferences and other university-related functions. That
means more travel requests and expense reports.
Here are some things to
keep in mind for travelers that
can make the reimbursement process easier.
Treasurer’s Office
The
Taxable Fringe Benefits and
Exclusions
The University of Tennessee
provides several fringe benefits to employees which
constitute a form of pay in addition to stated salary, and
as the IRS is conducting nearly 6,000 audits over the next
two years, it is important to know which benefits are
taxable and which can be excluded. Read more
here.
Moving
Allowance, Cell Phone, & Retirement Reception and Awards
Policy Changes
Several policies affecting a
number of university system employees have been recently
updated. These include the university’s policies governing
moving allowances (policy
#FI0450, the use of cellular telephones and other
wireless communication devices (policy
#FI0730), and retirement receptions and awards to
employees (policy
#FI0720). The moving allowances changes have
consolidated the approval process into one form and also
ensure that proper taxes are withheld. The cellphone
policy has eliminated the paper approval process, and the
retirement reception policy now has a section with guidance
on awards that may be given to employees.
Medical Intern/Resident FICA Refund (6/8/10)
The Internal Revenue Service has made an administrative determination to accept the position that medical residents are exempt from FICA taxes based on the “student exception” for tax periods ending before April 1, 2005. If you were a resident for the University of Tennessee between January 1, 1994 and March 31, 2005, you may be eligible for a refund of the FICA taxes that you paid during your residency. more
Procurement Card Fraudulent Messages (1/9/10)
If you have received email or automated phone messages from VISA asking you to reactivate your procurement card, please do not respond. These are fraudulent messages and should be discarded. For questions or additional information, please contact Cindy Stockdale at cstockda@tennessee.edu.
Contract Management System Overview (12/3/09)
The IRIS Project Team, individuals from the Contract Office in the Treasurer's Office, and Campus representatives have collaborated to develop a new Contract Management system in IRIS. The system supports the processing of Non-Competitive Justification requests and the processing of contracts through the review and approval process. The initial phase of the system was released on June 1, 2009. The balance of the system which includes encumbrances, contract purchase orders, and imaging of approved contracts will be completed and released in the early part of calendar year 2010. Each campus and entity has establishing a roll-out schedule and departmental training. more
Travel Reimbursement Rates Effective 10/1/09
The travel reimbursement schedule for the Continental US (CONUS)was updated by the federal government effective October 1, 2009. Note that the meal per diem for any cities/counties not explicitly listed (in-state and out-of-state) has increased to $46.00/day. more
Contact:
Vice President & Treasurer
301 Andy Holt Tower
Knoxville, TN 37996
865-974-2302
865-974-2701 Fax