Business Services News
May 2008

In this Issue: Fiscal Year End | Purchasing | Staffing Accouncements | Annual Financial Report |

2008 Fiscal Year-End Information

Once again it is time to prepare for Fiscal Year End and you can find your information on the Business Services Website . The webpage will provide you with valuable information to make the transition to the new academic year as efficient as possible. The webpage includes News and Announcements, Accountant Contact List, Accrual and Deferred Revenue information, Payroll, Prepaid Expense and Miscellaneous Accounts Receivable information.

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2008 Fiscal Year-End Purchasing Information

Fiscal year-end is coming and is only about a month away, and it is time for all of us to move into year-end mode.

Your cooperation and timely processing of year-end purchases is important.

Please distribute this information to all areas in your department. If you need assistance or clarification please contact Purchasing: Lu Terry (243-2204), Vickie Voss (243-2210), or Cheri Hollist (243-2510).

Here is how you can help us close out Fiscal Year 2008 smoothly:

  • Please complete 2008 fiscal year purchases of supplies, equipment, or services WELL BEFORE year end (June 30, 2008).
  • Allow sufficient lead-time to process transactions, and to encumber Fiscal Year 2008 budgets.
  • Office Equipment Maintenance Request Form must be received by Purchasing by May 15, 2008 to start, renew, or cancel maintenance contracts (this includes leased equipment).
  • From now through Fiscal Year end, all purchasing documents must state the fiscal year to which they are to be charged.
Thank you from all of us at Business Services - Purchasing for your help!    Top

Business Services Staffing Announcements

Stacey Brackett joined the Cashier Services group of Business Services in December. Stacey grew up in Stockton California close by both San Francisco and Sacramento. She lived and went to school in the Bay area earning her Business Marketing degree graduating in 2005 from San Francisco State University. After graduation, she joined a retail real estate and marketing company called Main Street Property Service doing graphic design work with Adobe Photoshop and Illustrator. She later moved to Sacramento and then moved to Montana in 2007 when she worked for a time in sales at Ashley Furniture. Stacey enjoys the outdoors and the rivers, loves to ski, go to movies and spend time with her friends.

Stacey Brackett
Brad Batiuk Brad Batiuk has taken over as the Property Management Accountant Brad is happy to be able to stay and work in Missoula for Accounting Services as the Capital Asset Accountant.

Upon earning his Accounting Degree here at UM, Brad went right into Graduate School earning his Masters in Business Administration in 2007. Brad grew up in Seattle and moved to the Bitterroot with his parents in 1994. He attended high school at a private coed boarding school in Bozeman. The school had its own ski hill and he also had a season pass to Bridger Bowl where he frequently snowboarded the "cold smoke." Brad loves to snowboard, however, the number one outdoor activity he enjoys the most is fly-fishing.  He frequently takes his raft out on the Bitterroot and Blackfoot Rivers to enjoy the Montana serenity. Brad also enjoys many other outdoor activities including hiking, backpacking and the occasional Mariners game.

Brad's participation in co-writing a business plan for a high-tech Internet company whose goal is to provide motivation and remote training utilizing GIS and Web 2.0 technologies is something he takes pride in. The business plan was a semi-finalist in the John Ruffatto Business Plan Competition at UM's School of Business Administration.

Former Property Management Accountant Chad Goodman is the new Plant Fund Accountant in Accounting Services. Chad is now responsible for the accounting within Unexpended Plant Funds, Repair and Replacement Plant Funds, Net Investment in Plant Fund, and Debt Service Fund. Chad will oversee the accounting of projects on campus (including Construction Work In Progress Analysis at FYE), the Facilities Services Department, and certain Fee accounts. He will also be involved in the annual bond audit and preparation of the KUFM financial statement for Radio and Television.

Jeanne' Arneson was selected as the Collection Manager of Student Accounts in March. Jeanne' has extensive experience in collections and was previously a Collection Specialist with the State of Montana Department of Labor & Industry and and Accountant for the Department of Public Health and Human Services.

Geoffrey Lake, who was assisting in Student Accounts and Collections on a temporary assignment has since gone back to the Campus Operations Coordinator role and will continue to assist with important projects in the Student Acccounts area.

 
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2007 Annual Financial Report

For those of you who have not seen the 2007 Annual Report click this link to the Accounting Services Web Page.
The University of Montana Annual Financial Report

Accounting Services has also provided a link to the MUS Data Warehouse Handbook to assist departments particularly with expense account code definitions.

The MUS Data Warehouse requires all campuses to achieve commonality in their financial chart of accounts at a certain level. While commonality is required at a high level, the individual campuses are allowed flexibility at the lower level. UM now employs this resource for account codes and their definitions.
MUS Data Warehouse Handbook

2007 Annual Financial Report

Previous Newsletters

March 2007
December 2006
August 2006
May 2006
February 2006
November 2005

Friday May 23, 2008

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