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  • Changes to Rental Car Insurance Coverage for Underage Drivers Effective Nov. 1

    Marie Peterson | July 23, 2026
    Beginning November 1, 2026, important changes will take effect regarding rental vehicle insurance coverage for drivers aged 18-20 traveling on university business. Units and travelers are encouraged to adopt these requirements as soon as possible in advance of the effective date to avoid disruptions and ensure compliance.

  • Report Enhancement - Find Supplier Invoice Request (SIR) Summary - OSU

    Taylor Overmier | July 23, 2026
    The "Find Supplier Invoice Request (SIR) Summary - OSU" report has been enhanced to include additional fields from the Bid Waiver Data form. Users can now view the following information directly on the report output: Contract Number, Waiver Type, Waiver Category Code (for Central Purchasing use only), and Justification.

  • Health System to University Journal Process Updates

    Cristina Cardenas | July 23, 2026
    As of Tuesday, July 21, 2026, the Health System is required to use the cost center or funds transfer journal sources to post lines to the University company. Previously, Central Accounting approved these entries. This change ensures transactions appropriately route to the impacted University Cost Center Manager for approval and ensures any funds transfers are properly balanced. important notes and...

  • Reminder: FY27 Period Close Calendar and Process Updates

    Cristina Cardenas | July 23, 2026
    The detailed FY27 period close and department fiscal payroll processing calendar has been published and is now available on the Controller's website. See full post for the website link. There are several key changes to be aware of beginning with the July FY27 monthly close. Be sure to review the full post and the Controller's website for more details. It is important to note that activity must be...

  • Updated IRS Mileage Reimbursement Rates

    Alex McSurley | July 23, 2026
    Effective July 1, 2026, the mileage reimbursement rate will increase from 72.5 cents per mile to 76 cents per mile for all business miles driven from July 1, 2026, through December 31, 2026. Units and service centers may need to update tasks currently in Draft or In Progress status that were created before the July 23 system update where mileage was incurred for travel after July 1 to reflect the...

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