How long does it take to get a web voucher paid after it has been created and approved and the paperwork forwarded to Accounts Payable?
Processing time from UFS receipt of invoice *Payment Disbursed after processing complete Business Days from UFS receipt to disbursement **Calendar Days from UFS receipt to disbursement AP Standard 5 business days 1-3 business days 6-8 business days 8-12 calendar days AP Standard, when paying a 1042S vendor 10-12 business days 14-18 calendar days AP Non-standard (“special handling”) 2 business days 1 business day 3 business days 3-5 calendar days AP Emergency check request Prior to noon Same day after 4 pm After 12 noon Next business day Reimbursements 3 business days 1 business day 4 business days 4-6 calendar days Reimbursements, with 1042S implications 8 business days 10-12 calendar days AP vendor request 2 business days 2-4 calendar days Tax holds (1042S) 4 business days after hold 1-3 business days Tax hold notes: For 1042S vendor payments, a tax hold is immediately placed on the payment distribution once the invoice is processed.
Related Questions
- Is the accounts payable process just to image invoices or will it incorporate when invoice will be paid and include check writing capabilities?
- How long does it take to get a web voucher paid after it has been created and approved and the paperwork forwarded to Accounts Payable?
- What is the difference between an Expense Reimbursement Form and an Accounts Payable Voucher?
