��ɫTV News - Financial Services

Payroll feed to finance scheduled for May 1st delayed

webfull — Fri, 02 May 2025 13:01:20 +0000

The Payroll posting to Finance will be delayed by a day and will be available on Saturday, May 3, 2025.

Need HELP?

Please submit a ticket via the FIS Service Desk Portal or call us at 514-398-3463.

Thank you.

L'enregistrement de la paie à la finance sera différé d'un jour et sera disponible le samedi 3 mai 2025.

Published: 2 May 2025

Forms FGAJVCQ, FGADCSR, FGAJVCD and FGAENCB Blackout Period May 7 to May 8 / Formulaires Banner FGAJVCQ, FGADCSR, FGAJVCD et FGAENCB inaccessibles du 7 au 8 mai

webfull — Fri, 02 May 2025 12:44:26 +0000

La version française suit.

To all Banner Finance Users,

In support of the Year-End effort, the processing of journals, IDC’s and manual encumbrances (Banner forms FGAJVCQ, FGADCSR, FGAJVCD and FGAENCB) will not be accessible from Wednesday, May 7th, 9:00 AM until Thursday, May 8th, 9:00 AM. We apologize for the inconvenience.

Need HELP?

Published: 2 May 2025

Update: Procedures for Travel and Other Expenses / Modification : Procédures relatives aux frais de déplacement et autres dépenses

webfull — Wed, 30 Apr 2025 17:02:58 +0000

(La version française suit)

Dear ��ɫTVl Finance Community Member,

The Procedures for Travel and Other Expenses have been updated:

P4 has been modified to indicate that when an amount is to be returned to the University, the method of payment is via Interac e-Transfer. Payments via personal cheques will no longer be accepted.

Published: 30 April 2025

Fiscal Year 26 - Month End Deadlines for Submitting Financial Transactions / Exercice 2026 – Échéances de fin de mois pour l’inscription des transactions financières

webfull — Wed, 30 Apr 2025 16:16:38 +0000

La version française suit.

To all Finance Users,

May 1, 2025 is the first day of Fiscal Year 26 (May 1, 2025 to April 30, 2026). For your reference, attached are the FY26 Month End Deadlines for submitting financial transactions in Banner (including Finance Accounts Receivable and Feed File submissions).

These deadlines are posted on the Financial Services website.

Need HELP?

Published: 30 April 2025

Overhead Recovery Fee FY2026 / frais de récupération 7,5 % pour l'exercice 2026

webfull — Wed, 23 Apr 2025 18:01:17 +0000

La version française suit.

This message is sent on behalf of Serge Bergeron, Senior Director, Budget and Finance , Analysis, Planning and Budget and Lara Pereira, Controller, Financial Services

Dear Colleagues,

The overhead recovery fee currently being charged on actual revenues earned in non-1A unrestricted funds will remain at 7.5% in FY2026. This is unchanged from FY2025. The process for collecting and recording of this fee will continue to occur on a quarterly basis.

Published: 23 April 2025

Effective May 1, 2025: Maximum PCard Threshold will increase to $10,000 / À compter du 1 mai 2025 le montant maximum des cartes d'achat sera porté à $10,000

webfull — Wed, 16 Apr 2025 17:48:39 +0000

(La version française suit)

This memo is sent on behalf of François Pouliot, Senior Director Procurement Services

��ɫTVl Financial Services and Procurement Services wish to inform you that effective May 1, 2025, the maximum PCard transaction amount will be increased to CAD $10,000 (from the current $5,000). No action is required on the part of PCard Holders, as the Bank will automatically apply this new threshold to all PCards.

Published: 16 April 2025

Update: Internal Transfers Policy / Modification : Politique de transfers internes

webfull — Mon, 14 Apr 2025 13:25:20 +0000

Dear ��ɫTVl Finance Community Member,

The Internal Transfers Policy has been updated:

Published: 14 April 2025

"��ɫTVl Financial Statements" - Month of March 2025 / États financiers de ��ɫTVl » – Mois de mars 2025

webfull — Tue, 08 Apr 2025 14:13:27 +0000

To all Finance users,

The month of March 2025 is closed. You may pick up your Minerva Financial Statements by logging into Minerva via https://horizon.mcgill.ca/minerva

This link will bring you directly to the Finance (Fund) Administration Menu >> Financial Statements menu option.

Published: 8 April 2025

Important Update: Wire Transfer Request Form / Modification importante: Formulaire pour virement électronique

webfull — Thu, 27 Mar 2025 13:09:41 +0000

(La version française suit)

Dear ��ɫTVl Finance Community Member,

In light of an increase in cyber fraud, ��ɫTVl is adhering to and mandating Best Practice of incorporating a “call back” procedure on all wire transfers to confirm the payee’s banking details. Please take the time to contact the payee directly by phone and confirm their banking details prior to submitting the newly revised Wire Transfer Request Form.

Published: 27 March 2025

Fiscal 2025 Year End Memo/ Note de service - Fin de l’exercice financier : 30 avril 2025

webfull — Tue, 25 Mar 2025 15:16:59 +0000

La version française suit.

This message is sent on behalf of Cristiane Tinmouth, Associate Vice-President, Financial Services and Lara Pereira, Controller, Financial Services

Dear Colleagues,

Please see attached for the year-end memo to help orient your preparations for the close of Fiscal 2025. The memo is also available on the Financial Services website at the following link:

https://mcgill.ca/financialservices/gfm/schedules/yearend

Published: 25 March 2025