Cash Advances - Section 8 and 15
Welcome to the Office of Business and Financial Services Open Comment Blog!
The Office of Business and Financial Services is hosting an open comment period, beginning Feb. 11 and closing Feb. 18 at 5 p.m. CT. In this open comment period updates to Cash Advance policies, are proposed.
The updates presented are to existing cash advance policies, 8.3.1, 8.3.2, 8.4.1, 8.4.2, 8.4.3, 8.4.4, 8.4.5, 8.4.6, 15.1.1, 15.1.2. 15.1.3 and 15.1.4. These changes clarify current policy expectations and provide additional procedural instructions and guidance. In addition to updates and clarifications, this open comment period introduces a new Expense type, “Human Subject”, under the Purpose of Advances. Human Subject advances were previously issued as a subcategory of a Program advance. The Travel Expense Management system (TEM) is being updated to reflect Human Subject as a unique expense type.
Please review the policy and provide feedback.