The University Controller is in the process of converting Standard Operating Procedures (SOPs) into IU Accounting Standards. As such, these SOPs are no longer being updated. Information is as current as of the date of last revision, available on each SOP.
The IU Accounting Standards provide a more holistic approach to accounting and its related processes at the university. If the SOP you’re looking for is not available, review the IU Accounting Standards section to locate the information once contained in the SOP.
Payroll - PSOPs
- PSOP 1.0 - Fiscal Officer Responsibility
- PSOP 2.0 - Overpayment
- PSOP 3.0 - Payroll Procedures for Payments after Death
- PSOP 4.0 - FLSA Overtime Calculations for Biweekly Payroll
- PSOP 5.0 - Gross Up Process for Additional Pay Earnings
- PSOP 6.0 - Holidays - Recording Hours Worked
- PSOP 7.0 - Paycard Information
- PSOP 8.0 - Paycheck Reissue Process
- PSOP 9.0 - Mobile Plan and Device Allowance
- PSOP 10.0 - Monthly Payroll Vouchers - Attendance Adjustments for NO PAY Hours
- PSOP 11.0 - Overtime Policy - Special Exceptions
- PSOP 12.0 - Termination Processing Procedures for Staff Employees
- PSOP 13.0 - Military Time Off, Leaves, and FMLA Processing Procedures
- PSOP 14.0 - Recording Injury Hours in the ePTO and on the Monthly Voucher
- PSOP 15.0 - Off-Cycle Processing Fees
- PSOP 16.0 - Departmental Retention/Destruction of Payroll Records
- PSOP 17.0 - Establishing New Payroll Deductions
- PSOP 18.0 - Refunds of Employee Non-Tax Payroll Deductions
- PSOP 19.0 - Release of Payroll Information & Employment Verifications
- PSOP 20.0 - Changing Work Area Timekeeping Methods
- PSOP 21.0 - Calculating Partial Pay
- PSOP 22.0 - Automatic Meal Periods
- PSOP 23.0 - Paycheck and Paycard Pick-Up
- PSOP Policies Related to Payroll
Accounts Receivable - ARSOPs
- ARSOP 2.0 - Allowance for Doubtful Accounts
- ARSOP 3.0 - Direct Write-Offs
- ARSOP 4.0 - Write-Off Recoveries
- ARSOP 5.0 - Write-Off Reporting
- ARSOP 6.0 - KFS Customer Invoice Adjustment edocs
- ARSOP 7.0 - Credit Card Fee Distribution
- ARSOP 8.0 - Access to the Electronic Payment Claims Table
- ARSOP 10.0 - Invoicing Indiana University Foundation Accounts
- ARSOP 11.0 - Receipt of IUF Gift Money
Capital Asset - CSOPs
- CSOP 1.0 - Capitalization Rules
- CSOP 2.0 - Asset Retirement
- CSOP 3.0 - Asset Transfer
- CSOP 4.0 - Physical Inventories
- CSOP 5.0 - Tagging Moveable Equipment
- CSOP 6.0 - Equipment Loan
- CSOP 7.0 - IU Gifts
- CSOP 8.0 - Capitalization of Moveable Equipment
- CSOP 10.0 - Trade-in of Similar Capital Equipment
- CSOP 11.0 - Equipment Lease vs. Purchase
- CSOP 12.0 - Fabricated Equipment
- CSOP 13.0 - Certificate of Substantial Completion
- CSOP 14.0 - Capitalization Entries to the General Ledger
- CSOP 15.0 - Merge an Asset
- CSOP 16.0 - Movable Equipment - Construction in Process to Complete
- CSOP 17.0 - Transfer Title from Federal or Other Owned
- CSOP 22.0 - Accounting for the Impairment of Capital Assets
- CSOP 26.0 - Capitalization of Signage
- CSOP 31.0 - Mass Purchase of Equipment and Other Durables
- CSOP 32.0 - Capital Equipment Purchased for Resale
- CSOP 33.0 - Capitalization of Found Equipment
- CSOP 34.0 - Pollution Remediation Obligation
- CSOP 38.0 - Capital Assets Not Expected To Be Received in Current FY
- CSOP 39.0 - Computer Software
- CSOP 40.0 - Transfer-in of Capital Assets from Non-IU Institutions
- CSOP 43.0 - Capitalization of Asbestos Abatement Cost
Tax - TSOPs
- TSOP 2.04 - P-Card Purchases to Foreign Suppliers
- TSOP 3.01 - Federal Income Tax Withholding Calculation
- TSOP 3.02 - Contract Pay Tax Withholding
- TSOP 3.03 - Calculating Box Totals on Form W-2
- TSOP 3.04 - Complimentary Tickets Provided to Employees
- TSOP 3.05 - Tax Withholding for Fringe Benefits
- TSOP 3.06 - Education Payments Paid for Employees
- TSOP 3.07 - Personal Use of an IU Vehicle
- TSOP 3.08 - Free or Discounted Housing Provided by IU
- TSOP 4.01 - Independent Contractor
- TSOP 5.02 - Taxable Service Component for Student Awards
- TSOP 5.03 - Summer Research Program for Students - REUs
- TSOP 8.01 - Remitting and Recording Sales Tax in KFS (Collections)
- TSOP 8.05 - Paying Sales Tax (Purchases)
- TSOP 8.06 - Common KFS Errors
- TSOP 9.02 - Accountable Plan Reimbursements
- TSOP 9.03 - Prize & Awards