Financial Affairs Main Page
UAB Chief Financial Officer
Accounts Payable
Administrative Systems Training
Budget Administration
Contracts & Vendor Compliance
Cost and Space Analysis
Equipment Accounting
Financial Accounting
Financial Review Services
Payroll Services
Student Accounting
Tax Services
University Purchasing
Object Code Search
Policies & Guidelines
Reports & Publications
Resource Links
UAB Financial Affairs
University of Alabama at Birmingham
701 20th Street South
921 Administration Building
Birmingham, AL 35294
Search Financial Affairs UAB Home UAB Directory UAB Calendars

Controller's Office   /  Processes Credit Invoices

Processing Credit Invoices

All credit memos should be forwarded to and processed by Accounts Payable for entry into the appropriate system. Credit memos should reference a valid university purchase order number or expenditure account number referrenced on the original purchase order.  Credits are usually deducted from future invoice payments in the normal course of business. If a credit cannot be deducted within 180 days after it is entered and a refund check cannot be obtained the credit is written off to bad debt and the vendor is placed on payment hold. No further payments will be made to the vendor until the bad debt can be recovered.

© Copyright 2007 UAB Financial Affairs    All Rights Reserved
Web Development by Infomedia