How long does it take to process a disbursement?
Please allow one week minimum to process a disbursement. The following will delay processing time. Since AP does not control the timing for any of these items, please avoid these issues to aid the smooth processing of your disbursement: Budgetary issues with your org Incorrect or incomplete account coding Insufficient or inappropriately approved supporting documentation Paperwork that was not processed correctly (e.g. use of a direct pay form for an expenditure > $1,000) An incomplete or inaccurate purchase order Peak volume times (beginning of school year, Christmas, and fiscal year end closing in May) Why are we being asked to provide such extensive documentation? I’m the budget administrator and I’ve authorized the payment. We are not questioning your authority to spend your funds, but we do require adequate documentation for the expense. The IRS has “Accountable Plan” rules which the university must follow to avoid unnecessary taxation. Why would my department receive a call from A
