Providing a detailed business purpose is just as important in Chrome River as it was in TEM. Business purpose standards help ensure that the benefit to the institution and compliance with regulatory requirements is clearly documented and can be understood by both internal and external reviewers (e.g. managers, auditors, IRS, FOIA, etc.) for all financial and accounting transactions.
To assist departments in reducing the number of rejected expense reports in Chrome River, please review the job aid, Providing a Detailed Business Purpose.
In addition to providing a detailed business purpose:
- Choose the correct Expense Type to apply the correct business rules and ensure accurate tax reporting.
- Attach backup documentation to substantiate the expenses.
- Receipts, conference brochures, and/or T-Card transactions
Reminder for Travel Arrangers: You may attach all unattached Arranged Travel expenses in one ER. Simply enter the name of one traveler in the ER then enter the names of the other travelers and their business purpose for the travel in the notes section.
If you have questions, please contact the University Payables Customer Service at 217-333-6583 or toll-free at 888-872-9953, or by email at firstname.lastname@example.org.