Issuing Checks and Electronic Payments

The Business Office prints and distributes checks each Friday morning.  Electronic payments (direct deposits) are credited to accounts each Monday.

Payment to vendors are made in accordance with terms, generally within 30 days of the invoice date.  Standard procedures/documents required to initiate payments are Purchase Orders as described here and Payment Requests as described here.



In order for payments to be issued on Friday or Monday as described above, supporting documents must be approved and delivered to the Business Office by 4:00 p.m. on the preceding Tuesday.