Business Offices News
Join the University Business Offices email list to receive information about the UAccess Financials system, applicable policies and procedures, and important notices from Finance & Budget to University of Arizona business offices. NOTE: Employees with Business and Administrative User Access (Role 54) are automatically subscribed to this list. All other employees may opt-in using the Subscribe link.
The Tax Cuts and Jobs Act (PL 115-97) eliminated the prior exclusion that let employers cover employee relocation costs tax-free. Going forward, relocation payments are taxable income subject to withholding, and the Financial Policies Manual will be updated to reflect this. Questions go to Accounts Payable or Tax Services at the numbers listed.
Posted under Payment Services, Tax Services
Wednesday, December 13th @ noon is the deadline for campus business offices to submit Purchase Order invoices, DV Cover sheets with supporting documentation and all appropriate approvals to Accounts Payable to guarantee payment prior to University Closure. Invoices/Reimbursements received after noon on December 13 will continue to be processed, although we are unable to guarantee payment prior to the University Closure.
Posted under Payment Services
On May 16, 2017, Tucson resident voters approved a 5-year half-cent increase to the City of Tucson sales tax rate. Effective July 1, 2017, the rate will rise from 2.0% to 2.5%, increasing the total retail sales tax rate in Tucson, AZ from 8.1% to 8.6%. This change has no impact on Arizona use tax assessment, which remains at 5.6%. FSO has evaluated UAccess Financials and current tax calculations within requisitions will accommodate this change so there is limited impact on users.
Posted under Tax Services
Effective February 6, NetID+, the university’s two factor authentication system, will be required to access the Direct Deposit feature in UAccess Employee. This security enhancement is designed to better protect the safety of our employees’ financial assets. UA employees who want to change or update their Direct Deposit information in UAccess will be will be required to use NetID+, a process that confirms their identify by asking for two forms of information. Employees who are not enrolled in NetID+ will need to enroll. Direct Deposit is currently the only feature in UAccess requiring NetID+.
Posted under Payroll