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New accounts payable deadline

September 19, 2016 at 6:56 pm

Due to changes initiated by the college’s bank, JP Morgan Chase, the deadline for payment request submissions to the Accounting Office is changing from noon on Wednesday to Mondays at 4:30 p.m. This change takes effect the week of Sept. 26. Submissions received after this deadline will be paid the following week. This includes all payments made on behalf of Beloit College that are not processed through payroll, including, but not limited to: payments to vendors, reimbursements, and honoraria. Paper checks designated to be picked up in the Accounting Office will be available at noon on the Friday following the Monday submission deadline. The Accounting Office reminds everyone that the sooner documents are submitted to Accounting the sooner they can be processed and budgets can be updated on the Portal.