{"id":10973,"date":"2024-10-02T15:12:35","date_gmt":"2024-10-02T19:12:35","guid":{"rendered":"https:\/\/units.cals.ncsu.edu\/business-operations\/?p=10973"},"modified":"2024-10-02T15:12:36","modified_gmt":"2024-10-02T19:12:36","slug":"business-purpose-justification-for-expenditures","status":"publish","type":"post","link":"https:\/\/units.cals.ncsu.edu\/core-support\/news\/business-purpose-justification-for-expenditures\/","title":{"rendered":"Business Purpose &amp; Justification for Expenditures"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Please note, as a reminder, university guidelines for \u201cDocumentation Requirement for Expenditures\u201d require that when using university funds or requesting reimbursement from university funds, documentation of a clear business purpose is needed so that an approver, reviewer, and \/or auditor can fully understand the intent of the purchase or service and how it relates to the overall mission of the university, college, and\/or department.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The business purpose serves as the basis for a determination of allowance or non-allowance of the expenditure and therefore should address the following: what is purchased, for whom it was purchased, why it was needed, and where it is located.&nbsp; Please keep in mind that restating the item purchased is not a sufficient business purpose.&nbsp; For example, \u201cfreezer\u201d would not be a sufficient explanation of the business purpose.&nbsp; An appropriate explanation could be: \u201cFreezer for storage of research samples in Dr. Johnson\u2019s lab.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Please note, as a reminder, university guidelines for \u201cDocumentation Requirement for Expenditures\u201d require that when using university funds or requesting reimbursement from university funds, documentation of a clear business purpose&hellip;<\/p>\n","protected":false},"author":41,"featured_media":10974,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_tec_requires_first_save":true,"ncst_dynamicHeaderBlockName":"","ncst_dynamicHeaderData":"","ncst_content_audit_freq":"","ncst_content_audit_date":"","_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"_tribe_blocks_recurrence_rules":"","_tribe_blocks_recurrence_description":"","_tribe_blocks_recurrence_exclusions":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[26,31,23],"tags":[],"class_list":["post-10973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounts-payable","category-business-services","category-core-news"],"displayCategory":null,"acf":[],"_links":{"self":[{"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/posts\/10973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/comments?post=10973"}],"version-history":[{"count":1,"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/posts\/10973\/revisions"}],"predecessor-version":[{"id":10975,"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/posts\/10973\/revisions\/10975"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/media\/10974"}],"wp:attachment":[{"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/media?parent=10973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/categories?post=10973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/units.cals.ncsu.edu\/core-support\/wp-json\/wp\/v2\/tags?post=10973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}