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Frequently Asked Questions


How do I request a corporate credit card (p-card)?

To request a corporate credit card (p-card) you must complete the Purchasing (p-card) Agreement Form. http://www.snc.edu/financedepartment/docs/p-card_agreement_form.pdf


How do I request a Computer Loan?
The computer loan program application form can be found on the Human Resource website.  https://www.snc.edu/hr/documents/Computer_Loan_Program/Computer_Loan_Program_Application.pdf


What is the difference between a budget entry and a journal entry?
 
A budget entry moves amounts in the budget column of financial data.  A journal entry moves amounts in the year-to-date or “actuals” column of financial data.  A budget is a plan and does not represent or measure actual results of operations whereas year-to-date amounts represent actual financial transactions including revenues and expenses.

 

How do I dispose of a fixed asset? 
An asset is disposed of when it no longer serves its intended purpose.  This may result from technological advances, normal wear and tear, destruction and through natural causes or theft.  Departments that wish to dispose of an asset, whether by trade-in, sale, discard, or donations must seek prior approval from the Director of Finance.  Assets can only be sold once it is determined that the equipment has no value to any department within the College.  The responsible party for the item to be disposed of must complete the Inventory Control Form and forward the form to the Finance Department once the asset is disposed.  The form can be found on the Finance website.  http://www.snc.edu/financedepartment/staff/forms.html

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