The University of Tennessee Foundation Business Office provides support for the various units/departments within the Foundation through budget tracking, accounts payable, travel reimbursement, gift agreement processing, time reporting, contracts, purchasing and account creation.
The budget process starts each January with budget instructions and materials going out to all the Vice Chancellors and department heads. This information includes previous years’ budget vs. actual reports, budget worksheets, and information regarding narrative summary.
A budget report is produced each month for the Vice Chancellors and department heads after the accounting close for the month. A budget report is produced each quarter for the UTFI Board of Directors after the accounting close for September, December, March, and June.
How do I find a vendor number?
Begin with the IRIS transaction, XK03. Once this transaction has opened, click on the “matchbox” to the right of the vacant vendor field. After this has been selected, a vendor number may be searched by the name, city, postage code or a federal/employee ID number (FIN/EIN). The IRIS Project Help website has a self-guided tutorial here for finding this information.
All UTFI units’ procurement cards are issued through UT. Click here to see the University’s Procurement Card Program.