804.20 Rapid Invoice Processing
Section 800: Financial Affairs
Effective: October 1, 2007
Revised: April 2016; August 2023
Last Review: August 2023
Next Review: August 2025
Responsible Party: Controller
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.