Finance Services facilitates timely and accurate purchases, payments, reimbursements, and invoicing/revenue collection in support of the community’s teaching, research, student, and other activities. The team is comprised of the following key operating areas:
Purchasing & Payment
- Administering Sm@rtBuy, the Purchasing Card and the Travel Card programs;
- administering vendor creation and maintenance;
- creating and issuing purchase orders;
- processing all authorized payments for goods and services including vendor invoices, student refunds, statutory payments; and international wires
- delivering trainings about purchasing and payment related processes to the community users.
Accounts Receivable
- Issuing invoices to external parties for services performed by the University community and collecting payments;
- processing journal entries related to deposits and clearing receivables; and
- performing account reconciliations.
Expense Reimbursement
- Processing employee and student expense claims, ensuring the compliance of York University policies and procedures, and external funding guidelines; and
- delivering trainings on expense reimbursement process to the community users.