Bridges Advisory #93 – January 13, 2006
Printable versionThe University of Florida is committed to keeping you informed as we continue our transition to the new myUFL systems. To help you with the transition, each week you will receive a Bridges Advisory.
Graduate Letter of Appointments – Add Balance Checking. This enhancement will provide departmental budget checking of the available balance before tuition payments are applied to student records and General Ledger transactions are generated. The new budget checking enhancement will reduce the processing time at the beginning of the term, reduce the departmental ledger errors and effort associated with moving funds from one account to another, and increase the accuracy of regulatory reporting to the state.
2005 W–2 Forms. Sent on January 12, 2006 from Michael V. McKee, University Controller, to the Dean, Directors and Department Chairs:
Employees’ 2005 W–2 forms will be distributed from University Tax Services (Room 24, Tigert Hall) to departments on Thursday, January 26, 2006. Unlike last year, employees will receive one 2005 W–2 form from the University. Last year, most employees received two W–2 forms – one from the University and one from the Bureau of State Payrolls as a result of devolution from the State of Florida.
IRS regulations require the University to distribute the 2005 W–2 forms to employees on or before January 31, 2006. Departmental payroll administrators must distribute their 2005 W–2s to employees by this deadline. The 2005 W–2 forms that are mailed to employees must be postmarked by January 31, 2006.
Some employees who received off–cycle checks and/or required payroll tax adjustments may also need to receive Corrected Wage and Tax Statements (W–2Cs). Foreign national employees or nonresident aliens will receive their IRS 1042–S forms on or before March 15, 2006 since these employees have special withholding and reporting requirements with the IRS.
Employees should direct any questions concerning their W–2, W–2C, or 1042–S forms to University Tax Services at 392–1324 or visit our website at University Tax Services – Finance and Accounting – UF (http://fa.ufl.edu/tax).
Updated Instruction Guide. One new instruction guide is available this week on the Bridges Web site:
- Purchasing and Payables > Vouchers Expense to Expense Vouchering (Updated)
For frequent updates about the project, subscribe to the UF Bridges pagelet in the myUFL portal. For a quick tutorial on how to use myUFL, please sign on to the portal and click on Help > How to Use myUFL.
For more information about myUFL systems, visit the Bridges Web site.
For help or support in using the new systems, including the portal, contact the UF Help Desk at 392-HELP or helpdesk@ufl.edu.
