1 CASH EXPENSE REFUNDS Treasury Management Finance and Accounting

2 Cash Expense Refunds are: Refunds Reimbursement s Rebates Returned funds from a Vendor Cash Expense Refunds

3 Cash expense refunds ALWAYS relate to an expense paid for by UF Expense refunds must be returned to the ChartField of origin Use the original ChartField string info from the expense as the ChartField string of the deposit Expenses with a prior year accounting date are an exception… Cash Expense Refunds

4 Prior year refunds depend on the fund of the original expense: Fund of original expense:Deposit to: Life to date funds: 171,173,179 Construction funds: 5XX Grant Funds: 201, 209, 211, 212, 213, 214 Use the same ChartField as the original expenditure IFAS Funds 221 and 222Dept ID ; Fund 221 or 222; Program 2100; Account ; Bud Ref CRRNT State Funds: 101, 102, 103 and 105 Bud Ref CRRNT Dept ID ; Fund 111 (for 101 or 105); 112 (for 102); 113 (for 103); Program 6100; Account ; Bud Ref CRRNT State funds: 101, 102, 103, 105 Bud Ref CYFWD Use the same ChartField as the original expenditure All other fundsUse the same ChartField as the original expenditure EXCEPT use account

5 Cash Expense Refunds DateDept IDFundProgramAccountSourceProject 2/18/ G Exp Rfnd G DateDept IDFundProgramAccountBud RefFlex ID 6/15/ CRRNT1350ADM Exp Rfnd CRRNT1350ADM DateDept IDFundProgramAccountBud RefFlex ID 7/31/ CRRNT Exp Rfnd CRRNT Example 1: Example 2: Example 3:

6 All cash expense refunds must be accompanied by a cash expense refund form ( The cash expense refund form must be fax imaged to the original voucher, expense report, or journal ID If the expense refund relates to a travel expenditure or a grant fund, forward the check and the cash expense refund form to travel, grants, or office of research to complete the deposit Cash Expense Refunds

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10 Cash Expense Refunds

11 Cash Expense Refunds: Record Deposit

12  In myUFL, we must: 1. Record Deposit 2. Create Accounting Entry 3. Print Deposit Transmittal Form Cash Expense Refunds

13 Navigation: Accounts Receivable  Payments  Online Payments  Regular Deposit Record Deposit Cash Expense Refunds Record Deposit Select Add a New Value to begin a new Deposit

14  Deposit Unit = “0500”  Deposit ID will be assigned by myUFL Click: Add Record Deposit Cash Expense Refunds Record Deposit

15 Record Deposit Cash Expense Refunds Record Deposit Totals tab  Accounting Date  Bank Code = “WACH” (default)  Bank Account = “UFV”  Deposit Type = “K” (Check)

16 Totals tab Enter the Control Total Amt Enter the Count Click: “Payments” Record Deposit Cash Expense Refunds Record Deposit

17 Record Deposit Cash Expense Refunds Record Deposit Payments tab Click: Save  Enter: Payment ID  Enter: Pymt Ref (Optional)  Enter: Amount  Check: Journal Directly

18 Cash Expense Refunds: Create Accounting Entry

19  In myUFL, we must: 1. Record Deposit 2. Create Accounting Entry 3. Print Deposit Transmittal Form Cash Expense Refunds

20 Navigation: Accounts Receivable  Payments  Direct Journal Payments  Create Accounting Entries Click: Search Create Accounting Entry Cash Expense Refunds Create Accounting Entry

21 Create Accounting Entry Cash Expense Refunds Create Accounting Entry Enter ChartField information

22 NOTE An expense refund decreases the original expense. It is NOT REVENUE. It should be deposited to the ChartField of the original expense –Since it is an Expense Refund, “Account” begins with a “7” Create Accounting Entry Cash Expense Refunds Create Accounting Entry

23 You MUST put the Journal ID, Expense Refund number, or Voucher number in the Reference (“Ref”) field! Reference field may be located on a different tab. You can use “Customize” to move the Reference field to the ChartField Tab. Create Accounting Entry Cash Expense Refunds Create Accounting Entry

24 Create Accounting Entry Cash Expense Refunds Create Accounting Entry Click the lightning bolt to create accounting entry

25 Create Accounting Entry Cash Expense Refunds Create Accounting Entry Click the Complete checkbox Click Save

26 Cash Expense Refunds: Print Deposit Transmittal Form

27  In myUFL, we must: 1. Record Deposit 2. Create Accounting Entry 3. Print Deposit Transmittal Form Cash Expense Refunds

28 Navigation: Accounts Receivable  Payments  Reports  Deposit Transmittal Deposit Transmittal Form Cash Expense Refunds Deposit Transmittal Form Use Find an Existing Value if you have created a Run Control ID before

29 Enter a Run Control ID Deposit Transmittal Form Cash Expense Refunds Deposit Transmittal Form Use Add a New Value if you have never created a Run Control ID before Click Add

30 Enter your Deposit Unit Enter a Deposit ID Click Run Deposit Transmittal Form Cash Expense Refunds Deposit Transmittal Form

31 Click: OK Deposit Transmittal Form Cash Expense Refunds Deposit Transmittal Form

32 Click on Process Monitor to see the status of the process Deposit Transmittal Form Cash Expense Refunds Deposit Transmittal Form

33 Run Status and Distribution Status should read Success and Posted Deposit Transmittal Form Cash Expense Refunds Deposit Transmittal Form Click Refresh until Run Status and Distribution Status read Success and Posted

34 Click the Details link to see Process Details Deposit Transmittal Form Cash Expense Refunds Deposit Transmittal Form

35 Click View Log/Trace to see the log files Deposit Transmittal Form Cash Expense Refunds Deposit Transmittal Form

36 Click the PDF file link to open the DTF Deposit Transmittal Form Cash Expense Refunds Deposit Transmittal Form

37 Deposit Transmittal Form Cash Expense Refunds Deposit Transmittal Form  Verify the DTF data  Print the form  At least 1 signature  Make necessary copies  Put it in the bag. Header information from Control data