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UAB Financial Affairs

About Financial Affairs

The financial management of the University of Alabama at Birmingham is the focal point of UAB Financial Affairs. Financial Affairs manages financial operations by:

  • Communicating financial policies and procedures
  • Receiving and depositing University funds
  • Overseeing the University’s payroll
  • Ensuring settlement of University payments and commitments
  • Maintaining budgeting, accounting, and financial reporting systems
  • Ensuring compliance with State/Federal financial regulations and tax laws
  • Preserving University assets and reporting
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  • Error Entering Time Off Requests in Campus Time & Attendance

    There is a reported issue in Campus Time and Attendance related to employees entering Time Off requests for Vacation, Sick, or Personal Holiday (PH). The issue has been reported to UKG, and they are actively working on a solution. Please follow the instructions for how to manually resolve this issue.

  • New Equipment Capitalization Changes for Campus

    UAB campus-only received board approval to increase the equipment capitalization threshold from $5,000 to $10,000. Click to view key points regarding this change: 

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  • Tariffs Object Code 8705075 Is Now Available in Oracle

    The Tariffs object code 8705075 is now available in Oracle for the breakout of foreign tariff surcharges.  This object code is available in PO Requisitions, PCARD, and the following Payment Request types: Construction Contract Payments, Disbursement Requisition-All Other, Other Shipping/Postage, Photocopy Services, Repairs and Maintenance, Subscriptions and Books, and Supplies and Merchandise.

    The State of Alabama Bid Law requires that all purchases and/or contracts for labor, services, materials, equipment, and supplies for such amounts as set by the State of Alabama, shall, except as otherwise provided in the law, be let by free and open competitive bidding, on sealed bids, to the lowest responsible bidder. Competitive, sealed bids shall be requested by University Purchasing. UAB is authorized to use all State of Alabama contracts when they are advantageous to the University.

    Purchase commitments cannot extend beyond five years; however, a purchase commitment, a lease contract or maintenance agreement that exceeds one year will require that UAB retain the option to cancel at the end of each fiscal year.

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