Section 800: Financial Affairs

Effective: October 1, 2007
Revised: April 2016
Review Date: April 2018
Responsible Party: Vice Chancellor for Finance and Administration

Policy:

Unless otherwise notified by a department, Business Services can pay invoices under $1000 upon initial receipt. Purchases should be approved on a purchase order.

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