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The B.E.S.T. Bulletin

Business Expense Survival Tips

- April 2009 -

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  Business Expense Policy for Gifts

Gifts (regardless of value) may not be purchased for students, employees or members of their immediate families.

Gifts may be purchased for donors as part of a development activity. These gifts may not be provided to employees or students. The appropriate development officer and/or Dean must approve these purchases. 

It may be appropriate to purchase gifts for visitors to CMU (e.g., international visitors, volunteers, speakers). The cost of any gift must be modest (normally, less than $50 per individual).  

Plaques, service awards, departmental apparel or other items that are of a marketing or departmental related nature, are not considered gifts. The intent of the purchase will be audited.

To view the Business Expense Policy, please click here .

 

Statistics for the March Statement Period (2/25/09 to 3/24/09)

Total Spend                                          $741,738.03

Total Number of Transactions             4,463

Average Charge                                   $166.20

Open Credit Cards                               772

Cards with Activity                             633

 

Thanks,

Payroll and Travel Services

Cindy Smith     7363     smith1cl@cmich.edu

Chris Zalud      3525     zalud1ce@cmich.edu

Kim Wagester 7388     wages1ka@cmich.edu

Sara Yonkey    3797     yonke1sl@cmich.edu

Mary Hill          3481     hill1mm@cmich.edu