Financial Services Policy 7.7 Departmental Sales

The sale of goods and/or services by university departments to customers who are not departments within the University must utilize the Departmental Sales Invoice, BANFIN-35. The departmental sales invoice authorizes the Cashier’s Office to receive payment and deposit the funds to the appropriate departmental fund. The sales tax portion of the remittance is sent to the N.C. Department of Revenue by the Office of Accounting Services.

If a departmental sales invoice is not paid, the Cashier’s Office sends a past due notice to the customer. Departmental sales invoices which remain unpaid are returned to the originating university department.

The sale of goods and/or services by university departments to other university departments must utilize the interdepartmental invoice. Refer to Policy Number 7.3 for information on use of interdepartmental invoices.