On January 1, the Office of University Controller (OUC) issued a revised , which is now being implemented by the Procurement Service Center (PSC).Â
The underlying message, however, has not changed: certain expenses that are not properly substantiated within 90 days of the transaction date, or the trip end date when related to business travel, will be reported as taxable income on the employee’s pay advice and W-2.
Here at the Â鶹¹ÙÍø Campus Controller’s Office (CCO), we’ve received many questions from our valued partners about this change and how it might impact day-to-day processes. We always encourage folks to reach out to the PSC for additional information on the procedure itself, however we can answer some common questions in this newsletter.