New & Updated in UWCF

Find updates to the Use Tax on Expense Reports in the How to Create Travel and Non-Travel Spend Authorizations and Expense Reports job aid on page 26. 

Paying in Advance: Use this guide to learn about Accounting for Prepaid Expenses, Deposits Paid, and their Impact on Financial Statements.   

Overview: Accrual Accounting and the Matching Principal : Use this guide to gain a foundational understanding of accrual accounting and the matching principle, and how liabilities are used to ensure revenue and expenses are recorded in the correct accounting period in alignment with UW and state accounting standards.   

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