Section 800: Financial Affairs

Effective: October 1, 2007
Revised: October 1, 2007
Review Date: October 1, 2009
Responsible Party: Vice Chancellor for Finance, Administration & Student Affairs


Business Services will pay invoices under $1000 upon initial receipt, with the following conditions:

  • The purchase was approved on a purchase order
  • The invoice does not exceed the purchase order amount by 20%
  • The department does not have a problem with the vendors merchandise or services.

Invoices over $1000 will continue to be sent to the departments for approval prior to payment.