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Financial Policies and Procedures

*Accounts Payable check pick-up*

Standard pick-up times for accounts payable checks are Monday through Friday, from 9:00 A.M. through 4:30 P.M., unless special arrangements are coordinated with the Accounts Payable area in advance.

*Purchase Approval Limits*

  • All financial transactions (All purchases, EA's, IDT's, JE's, TA's, Budget Transfers, etc.) that are $ 50,000 or above must be approved by the Senior Vice President of Business Affairs

  • EVP’s and Academic Deans have approval limits up to $ 49,999.99

  • All others have limits up to $ 4,999.99, and should be noted on the Index/FOP Access Form for each index

Financial Policies

Additional Procedures related to Financial Policies