Type of Policy
Administrative
Policy No
5.5.1.1
Effective Date
Last Revised
Review Date
Policy Owner
Accounts Payable
Contact Name
Laura Jamison
Contact Title
Director of Accounts Payable & Travel
Contact Email
laura.jamison@business.gatech.edu
Procedures
Payments processed by Accounts Payable for goods and services may generally be classified into the following types:
| Payment Type | Description |
|---|---|
| EFT | EFT payments are made as a direct deposit for all active employee reimbursements. Establishment of EFT Detail is through TecWorks via One USG Connect Employee Self-Service. . |
| ACH | ACH payments are available for all non-employee payments. Establishment of ACH Is through Georgia Tech’s Bank of America PayMode system. A registration link is available on the Procurement & Business Services website located on the Suppliers webpage |
| Check | The standard payment process is via a paper check mailed to the remit address on the invoice or supplier invoice request. |
| Wire Transfer | International payees can receive funds in US or foreign currency by the completion of the Wire Transfer Request Form. The is to be attached to the payee request at the time of submission. |
| PCard | The PCard can be used for payment by Institute employees for authorized business purchases within the delegated authority limit. For further details refer to the P Card policy located on the Procurement & Business Services website. |