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 Departmental Administrative Specialist should verify that the vendor is not an existing vendor using XK03 in IRIS.  All NEW vendors must complete the.

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Presentation on theme: " Departmental Administrative Specialist should verify that the vendor is not an existing vendor using XK03 in IRIS.  All NEW vendors must complete the."— Presentation transcript:

1  Departmental Administrative Specialist should verify that the vendor is not an existing vendor using XK03 in IRIS.  All NEW vendors must complete the following forms PRIOR to start of work: 1.W-9 & Minority Status 2.Worker Classification Questionnaire (ONLY for Independent Contractors or Individuals) 3.Vendor Payment Selection Form 1

2 The W-9 and Minority Status Form can be found at: or UTC Disbursements Website under Vendor Creation Forms 2

3 Social Security Number for Individual Federal Tax ID Number for Company/Business “DO NOT” enter both. Social Security Number for Individual Federal Tax ID Number for Company/Business “DO NOT” enter both. If Individual/sole proprietor is checked a WCQ (Worker Classification Questionnaire)must be completed. Here is where DBA (Does Business As) goes, if none leave blank. Make sure Name is the only item here. Make sure Name is the only item here. Check appropriate box MUST be completed. We cannot help them complete the form. Address goes here that matches their tax information. It is not the remittance address and cannot be a P.O. Box. Make sure Vendor has signed and dated. 3

4 If they are an individual have them check “No”. 4

5 WCQ (Worker Classification Questionnaire) This Form is ONLY needed for Individuals or Independent Contractors. Companies DO NOT need to fill out this form. THE WCQ can be found at: UTC Disbursements Website under Vendor Creation Forms 5

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11 THIS MUST BE SIGNED IF YOU COMPLETED PAGE 4 and/or PAGE 5 11

12 WCQ & T-27 FOR STUDENTS On page 3 of the WCQ the bottom check mark indicates that approval from financial aid is required to be attached to WCQ for any Student (current or future term). When a T-27 for a student is submitted there are two requirements: 1.T-27 must identify payee as a student; this should be written on the top of the form. 2.T-27 must be signed by Financial Aid authorizing payment prior to submission. (eventually going to a smart form) 12

13  The following payment methods and terms are available to University vendors. ◦ E-Payables – This is the university’s preferred method of payment. The terms for E-Payables are net and the vendor will be able to process these payments as soon as their invoices are approved in accordance with policy. NET (Payable immediately); IRIS CODE “E” ◦ Direct Deposit (ACH) – If the vendor is unable or unwilling to accept E- payables as a method of payment, the university prefers to pay them via an electronic payment directly into their bank account. NET 30 (Payable in 30 days); IRIS CODE “A” ◦ Check – This is the most expensive method for the university to pay vendors and will only be permitted in special circumstances and requires approval from the Treasurer’s Office. The payment terms for this method is NET 40 (Payable in 40 days). IRIS CODE “C” Vendor Payment Selection Form can be found at: UTC Disbursement Website under Vendor Creation Forms 13

14  If a NEW vendor chooses NOT to complete the Payment Selection Form or desires to have check payment the department will have to contact Cindy Stockdale in the UT Treasurer’s Office at to request an exception.  The should explain why the vendor request payment by check only. IF the Treasurer’s Office allows the exception the department will scan the exception from the Treasurer’s Office with the Vendor Payment Selection Form and this two page document will be attached in IRIS.  If this form has banking information filled in then the form should be:  uploaded in IRIS (for new vendor request or requesting remit address)  faxed (if updating a 1 address or only adding this form to the vendor),  Fax # is on the bottom of the form  DO NOT , due to confidential data, UNLESS it is a “refused” form for an EXISTING vendor. 14

15 This form should be SHREDDED once it is received by Treasurer’s Office or uploaded in IRIS 15

16 Fax form. DO NOT . 16

17  The next time you pay an independent contractor or an individual the departmental administrative specialist should verify that all forms have been updated. Updated forms can be verified using IRIS transaction ZAP_VENDOR_ATTACHMTS.  If forms are not updated you must have:  W-9/Minority Status Form  WCQ  Vendor Payment Selection Form-we should encourage vendor to select either E-payables or ACH payment option. If they wish to stay with check payment they should complete the form and indicate “refused” and sign it. In this situation attach the “refused” form and to along with updated W-9/Minority Status Form and the WCQ. 17

18  WCQ does NOT need to be filled out for a company.  A new W-9/Minority Status Form must be completed when making any vendor changes.  Vendor Payment Selection Form-we should encourage vendor to select either E-payables or ACH payment option. If they wish to stay with check payment they should complete the form and indicate “refused” and sign it. In this situation attach the “refused” form and to along with updated W-9/Minority Status Form. 18

19  Upload ALL forms to IRIS when: ◦ Requesting/Creating a Brand new vendor (1 number) ◦ Requesting/Creating a Remit Address (2 number)  Forms to AP_VENDOR (except the Vendor Payment Selection Form) ◦ When the only update to a vendor is adding the WCQ ◦ When need to change a “1” address that does not match W- 9. If you have a vendor payment form to go along with this update, do not the Payment form, refer to it in the by indicating a fax is on the way.  Fax (only the Vendor Payment Selection Form) ◦ When you request a change in the “1” address, reference in the that this form is being faxed ◦ When the only update to the vendor is this Payment Form 19

20 XKO3-DISPLAY VENDOR 20

21 Next click on the green icon to check all the boxes. Then press “Enter” OR click on Green Check. Next click on the green icon to check all the boxes. Then press “Enter” OR click on Green Check. Input the vendor number in this field. It can be a “1” or a “2” number but only a “1” number should be submitted on an invoice. 21

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23 Click the Match box 23

24 If you know the Tax ID Number enter here If you know the vendor name you can enter name or partial name using wild cards (*). If you know the PO Box you can search by PO Box. If you know the vendor address you can search by address OR you can search just by postal code. Once you’ve made an entry then click the green check. 24

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26 What if I found a vendor number but it begins with a “2”? How can I find the “1” number? 26

27  I have a vendor that begins with a “2”  These are not vendor numbers they are remit to address numbers  When you have only the “2” you need to find the “1” number in order to do this you can use Y_DEV_ Query for Alternative Vendors  Enter the “2” number and it will tell you the “1” number it is connected to Query for Alternate Vendors 27

28 If you have a “2” remittance number and you need to find the “1” vendor number for your invoice you can use this transaction to find it. Enter the “2” number here. Then click on the clock. If you have a “2” remittance number and you need to find the “1” vendor number for your invoice you can use this transaction to find it. Enter the “2” number here. Then click on the clock. 28

29 The vendor number will appear here. 29

30 SUBMIT A VENDOR 30

31 SUBMIT A VENDOR 31

32 SUBMIT A VENDOR 32

33 SUBMIT A VENDOR 33

34 SUBMIT A VENDOR Services of Object: To attach documents 34

35 ATTACHING THE FORMS 35

36 SUBMIT A VENDOR 36

37 SUBMIT A VENDOR Write this number down and keep it 37

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39 IRIS TRANSACTIONS XK03 - Search for/display vendor - Locate payment method/terms - View current WCQ attached ZAP_VENDOR_ATTACHMTS - Identify the documents that are attached ZXK1 - Create vendor request ZXK5 - Resubmit vendor request Y_DEV_ Locate the “1” number to a “2” 39


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