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Cost and Capital Assets News

The Capital Asset Transfer System (CATS) has moved!

Sep 03, 2023

The new system is managed through TeamDynamix (TDX), Cornell’s service management and request system, which will allow us to optimize CATS with workflows, approvals, and reporting capabilities.

Open Finance Classes for September through December

Aug 31, 2023

The following finance classes are available from September 2023 through December 2023 and are open to any person interested in learning more about Cornell accounting/finance policies.

Open Finance Classes for January 2023 through June 2023

Dec 07, 2022

The following finance classes are available from January 2023 through June 2023 and are open to any person interested in learning more about Cornell accounting/finance policies.

Open Finance Classes for September 2022 through December 2022

Jun 30, 2022

Finance classes are available from September 2022 through December 2022 are open to anyone interested in learning more about Cornell's accounting and finance policies.

Facilities and Administrative Cost rates announced for FY2022

Jan 11, 2022

As previously announced in other forums, due to the pandemic Cornell University received permission to change its base year for Facilities and Administrative (F&A) Cost rate calculation, and extended its rates through FY2022.

Open finance classes Jan. - June 2022, including Travel

Dec 07, 2021

Enrollment is now open for finance classes being held January 2022 through June 2022. Classes are open to any person interested in learning more about Cornell accounting/finance, payroll, and procurement policies.

The IRS has issued standard mileage rates for 2021

Jan 04, 2021

The Internal Revenue Service has issued the 2021 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes.

New finance class: Processing Capital Assets and Physical Inventory

Sep 22, 2017

The University Controller's office is offering a new class about processing capital assets and physical inventory.

Contract college employee benefit rates for FY 2018

Apr 24, 2017

The new contract college employee benefit rates for fiscal year (FY) 2018 have been submitted to the Department of Health and Human Services for approval.

Training for the KFS 7 upgrade

Apr 07, 2017

Training options are available during the week before the upgrade to KFS 7. These webinars will be conducted via Zoom.

KFS is getting a facelift: Upgrade to KFS 7 to occur in April

Mar 30, 2017

On April 23, after a scheduled upgrade completes, KFS users will experience a new look and feel to the Kuali Financial System (KFS). The upgrade to KFS 7 will include usability improvements to enhance the user’s experience.

Facilities and Administrative Cost rates announced for FY2017 - FY2021

Dec 13, 2016

The Division of Financial Affairs is pleased to announce that it has negotiated Facilities and Administrative (F&A) Cost rates with the federal government for the five year period beginning July 1, 2016.

Contract College Benefit Rates for Fiscal Year 2017

Apr 28, 2016

The new contract college employee benefit rates for fiscal year (FY) 2017 have been submitted to the Department of Health and Human Services for approval.