Financial Announcements

To mitigate price volatility, UB departments should now consider purchasing office supplies by June 22, 2023 to cover departmental needs for several months. 

Ensure that your state financial transactions are attributed to the correct UB fiscal year using the cutoff dates for each transaction type.

Statewide Financial System (SFS) is expected to be unavailable from approximately March 30 through April 3, 2023 for State fiscal year-end processing. Continue to submit all procurement and financial transactions during the shutdown.

The IRS announced the 2023 standard mileage rate for business use of a personal vehicle, which is based on an annual study of the costs of operating an automobile.

The holidays are often a time to celebrate our accomplishments or express gratitude to those that help us throughout the year. We ask you to reimagine your holiday plans with an eye toward safety and mindful spending.

As required by both State and Federal guidelines, a physical inventory of all assets must be completed on a biennial basis. Prepare for this inventory coming this summer.

As the semester nears an end, many of us will rely on our phones, laptops and tablets to stay connected while we travel home or away from UB. But traveling with these devices carries a certain amount of risk. On a personal level, you could be a target for identity theft or other fraud if your device is lost, stolen or handled by someone else while away, especially if you are traveling internationally.

Statewide Financial System (SFS) is expected to be unavailable from approximately March 30 through April 1, 2021 for State fiscal year-end processing.