UITS Finance Office
Financial and administrative services
The UITS Finance Office doesn't just oversee budgets and payroll. It also manages funds for essential research, equipment testing and loans, travel reimbursement requests, and more.
Learn more about the most common services below:
BUY.IU is now available for entry of Fiscal Year 2020 requisitions. Please see the Make a Purchase - BUY.IU and more section of the UITS Finance Office Purchasing webpage for details on when and how to use BUY.IU for your purchases.
Financial management and support are crucial elements in the day-to-day operations of any organization. At UITS, the Finance Office provides comprehensive services that support financial and administrative activities, including:
- Budgeting and accounting
- Financial analysis and reports
- Financial systems
- Activity-Based Costing (ABC)
- Internal procurement
- Travel arrangements
The Finance Office also oversees timekeeping and payroll for UITS employees as well as contracts and grants for researchers.
Activity-Based Costing (ABC) reports
Each year, the Finance Office creates ABC reports, which outline both the total and unit costs of UITS-provided services. The reports compare any increases in costs to growth in services.
These comparisons reveal the "bigger picture" of a service and find answers to questions beyond the bottom line: how many people are satisfied with the service? How many people are using it? ABC reports help the office make decisions based on different aspects of a service.
Costs measured on the reports can be directly incurred through providing organizational support or services, e.g., salaries, hardware maintenance, software licenses, etc.
Activity-Based Costing is a practice unique to UITS. The yearly reports are available both publicly and internally.
Access restricted to Finance Office employees
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