Changes to Finance Processes

To provide the finance community with information on key changes to finance business processes, these pages detail what has changed, what has not changed, who is affected, and what action to take for each key area.

It is important to note that this information is not related to system changes, but rather to adjustments made in off-system business processes. For information relating to Workday and the university’s systems transition please visit the Integrated Renewal Program website. For support contact the Integrated Service Centre

Learn about the key changes that impact processes relating to payroll.

Learn about the key changes that impact processes relating to purchasing and paying for goods and services.

Learn about the key changes that impact business processes relating to cash transactions.

Some terms previously used by UBC’s finance community in PeopleSoft have changed with the launch of Workday.

Mar. 27, 2023

Increase in CRA Prescribed Interest Rate effective April 1, 2023

The CRA Prescribed Interest Rate will increase to 5% as of April 1, 2023. This rate will be in effect from April 1–June 30, 2023. This is the...
Mar. 13, 2023

Welcome Frank Laezza, UBC's new Vice-President Finance & Operations

Today marks the official start of Frank Laezza’s tenure with UBC as our new Vice-President Finance & Operations. As a strong believer in...
Mar. 10, 2023

Growing our capabilities and strengthening the Treasury team

As of March 10, Holly Shepherd, Director, Treasury will begin her maternity leave and Doug Cheung, Director, Treasury will be taking on...
Mar. 27, 2023
Period+1 Opens for Payroll Only
Mar. 30, 2023
Period+1 Opens for All Companies
Mar. 30, 2023
Payroll Activities Closed
Mar. 30, 2023
Cutoff for Expense Report Approvals
Mar. 30, 2023
Cutoff for Supplier Invoice Approvals