Are payments for publishing fees allowable?
In any instance, manuscripts that will be excluded from consideration are: "for profit" textbooks, commercial fiction and popularized science. Support for previously published work will not be considered. Please contact your fund accountant if you have a situation that does not meet the criteria prior to committing to payment.
Should I use a GEC or DI?
From a Central Administration perspective, the answer to this is dependent upon the reason you are creating the transaction.
|To correct erroneous accounting string data for general ledger entries generated from other financial transactions.||
|DI||To distribute the income or expense, assets and liabilities from a holding account to one or more appropriate accounts when one account has incurred expenses or received income on behalf of one or more other accounts.||
See the GEC versus DI Guide for more information.
When is it appropriate to use an internal billing (IB) or a service billing (SB)?
See the Internal Billing / Service Billing best practices guide for more information.
Are tickets to sporting or theatrical events given to employees subject to taxation?
It depends. Tickets to sporting or theatrical events that are awarded as a form of employee recognition are subject to taxation; refer to FSM Policy 9.11 Employee Recognition. When occasional or infrequent tickets are given to employees when events have not sold out and receipt is not tied to employee performance, the tickets are not subject to taxation.