Finance Office

Drop Shadow

Payments to Suppliers

Invoices totaling $2,500 or more require that an approved electronic purchase requisition be submitted beforehand through the Oracle system. Invoices less than $2,500 do not require a requisition, and can be paid using the Purchasing Card (MasterCard) or a Payment Request Form. In addition, invoices less than $2,500 may be sent to Accounts Payable with POETS information and proper approvals directly on the invoice.

Payments to suppliers are made according to the payment terms indicated on the invoice. If terms are not specified, the invoice will be paid Net 30.