Month: October 2024


Planning your Purchases for Fiscal Year 2025: A Strategic Approach

Fiscal Year 2025 is here! We can’t wait to help with your procurement plan to meet your needs, reach your goals, and help ensure smooth operations and cost savings. Purchasing wants to hear what you have planned for 2025 and help guide departments when you are mapping out timelines and procurements for the upcoming year.…


From Financial Accounting: Capitalization of Moveable Equipment

Effective October 1, 2024, and in accordance with federal regulations, the threshold for capitalization of moveable equipment will increase from an acquisition value of $5,000 to an acquisition value of $10,000.  In Banner and Concur,  account names will change to reflect the increased threshold.  Please be aware of this change and use the correct account…


Categories