Fiscal Year End: Tips for Business and Financial Officers
With year end approaching, it’s important to note that unless a uSOURCE Purchase Order’s Settlement Status is Soft-Closed or Closed, the funds are still encumbered. You can run a report in uSOURCE using a document search to view all open orders (here's a quick video demo).
If an order has been delivered but requires an invoice, ask the supplier to submit one through uSOURCE. If an item was returned or discontinued, you may need to Cancel the Order. And if the Purchase Order is more than $5,000, you may need to Create a Goods Receipt to release payment.
Please remember that uSOURCE will shut down April 25th at 7:00 pm 2018 until May 1st at 9:00 am.
Going on vacation?
Assign a substitute
If you’re going on vacation or will be out of the office for an extended period of time, you can assign a substitute for your Requisition approvals.