Finance Updates

Who is charged credit card fees and how are they recorded? Credit card fees typically range from 2% to 4% of the transaction amount and are incurred on each credit card payment made by customers. These fees are allocated to the department that processed the transaction through Nelnet or a physical credit card terminal. Important: […]

All journal entries and imports dated in September without budget error, approval error, or other error have posted to September. If a journal in workflow was dated in September but the approval workflow was not completed by 4pm on the fourth business day in October, the journal will re-start the workflow with a October date. […]

GSA will keep the FY26 reimbursement rates at the same level as FY25. Therefore, as of October 1, 2025, there are no changes to the North Dakota (“in-state”) lodging and per diem rates. the ND lodging rate will remain at $110 (GSA rate for lodging in North Dakota) plus any applicable state or local taxes/fees. […]

A credit card chargeback occurs when a customer disputes a charge with their credit card company, resulting in the reversal of the payment and a corresponding reduction to UND’s bank account balance. When a chargeback is initiated, the bank notifies UND Treasury, who in turn informs the department that had originally collected the payment. The […]

Information regarding Recharge and Service Centers at UND is now available on UNDs website. Recharge and Service Centers are activities of a department that provides goods and/or services of a specialized nature to UND users on a recurring basis and charges a fee for those goods/services – typically value added by personnel in providing the […]

All journal entries and imports dated in August without budget error, approval error, or other error have posted to August. For more information about journals, please visit: https://campus.und.edu/finance/training.html#journal For questions, please contact UND.journalimports@UND.edu

Please be advised of the following scheduled outages: CTS will be conducting a Financials Critical Patch Update (CPU) today, Thursday Aug 28th at 6 p.m. This upgrade will require all users to be temporarily locked out of PeopleSoft Financials. The outage is expected to last most of the evening. Jaggaer will be conducting routine upgrades […]

Procurement and Payment Services (PPS) is pleased to inform campus that the paper-and-email based process for Purchasing Card (P-Card) applications, change requests, and waivers are being moved into a form in UND Marketplace beginning Monday, August 18th. UND Marketplace can be accessed via single-sign-on at the following link: https://und.edu/jaggaer. Users can navigate to the ‘Forms […]

Does your department receive payments via ACH? Treasury shares with departments the daily bank transactions in an effort to correctly identify incoming payments.  If your department receives ACH transactions but is not set up with Treasury to review this file in Teams; let us know and we will add you to the shared file in […]

Effective immediately, account 581020 should NOT be used to record transactions in UND Marketplace or directly in PeopleSoft Finance. The purpose of this account code was changed by NDUS and should now only be used by the UND Controller’s Office in transactions. Account 581020 Account Names: Prior to 7/1/2023: Equipment Rental Starting 7/1/2023: Variable Pmnts-GASB 87 […]