Business Offices News

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New Tax Guidance for Software Used in Research and Development

10/28/2020 - 4:00 pm

Financial Services would like to share tax savings news for University departments that qualify to make tax exempt purchases of machinery or equipment used in research and development (R&D) as that term is defined by the State. The statutes (A.R.S. § 42-5061(B)(14) and A.R.S. § 42-5159(B)(14)) read as follows:

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Posted under Tax Services

JP Morgan Chase Bank Deposits

10/20/2020 - 8:39 am

The University of Arizona has partnered with JP Morgan Chase for our banking needs and will begin to move our deposits there on November 16, 2020.

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Posted under Financial Management

UAccess Financials Release Updates: Release 54

10/13/2020 - 10:01 am

In partnership with University Information Technology Services (UITS), Financial Services continuously works toward releasing improvements to the UAccess Financials system. The next release is planned for October 25, 2020; release dates are subject to change. This release will include numerous incremental updates.

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Posted under UAccess Financials

Unclaimed ACH and Wire Payments [Updated]

09/24/2020 - 1:40 pm

The University of Arizona receives Automated Clearing House (ACH) and wire payments that post in the UAccess Financials Electronic Payment Claim area.

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Posted under Financial Management