Business Offices News

Join the University Business Offices email list to receive information about the UAccess Financials system, applicable policies and procedures, and important notices from Financial Services to University of Arizona business offices.

Submitted on 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:

Posted under Tax Services

Submitted on 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.

Posted under Financial Management

Submitted on 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.

Posted under UAccess Financials

Submitted on 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.

Posted under Financial Management

Submitted on 09/08/2020 - 3:00 pm

The post office at the Student Union has recently closed. Mail that was previously sent to 1303 E. University Blvd PO Boxes at the Student Union for Accounts Payable/Travel, Bursar, and Payroll should now be sent to:

Posted under Financial Management

Submitted on 09/02/2020 - 9:36 am

On August 8, 2020, President Trump signed a memorandum suggesting the temporary deferral of Social Security payroll taxes for employees that earn less than $4,000 bi-weekly, calculated on a pre-tax basis.

Posted under Payroll

Submitted on 08/19/2020 - 10:09 am

Financial Services has updated the Independent Contractor Form in support of Policy 9.12 Independent Contractor Services. The form can now be completed, signed, and submitted electronically. It should be completed prior to any services being performed.

Posted under Accounts Payable, Tax Services

Submitted on 07/29/2020 - 9:21 am

Financial Services is gathering information for the FY 2020 Unrelated Business Income Tax (UBIT) filing. The University of Arizona is exempt from federal income tax as an integral part of the State of Arizona when revenue is generated from activities that are substantially related to the University’s exempt purposes which include research and discovery, teaching and learning, and outreach and public service.

Posted under Tax Services