UH System Policies and Procedures
- Board of Regents Policies
- Executive Policies
- + 1. General Provisions
- + 2. Administration
- + 3. Organization
- + 4. Planning
- + 5. Academic Affairs
- + 6. Tuition, Financial Assistance, and Fees
- + 7. Student Affairs
8. Business and Finance
- 025. Fiscal Responsibilities within the University
- 026. Appointment of Fiscal Administrators and Assistant Fiscal Administrators
- 200. Overview
- 215. Definitions
- 220. General Principles
- 225. Limitations in Purchasing
- 230. Contracting for Services
- 235. Competitive Sealed Bidding
- 240. Competitive Sealed Proposals
- 245. Professional Services Procurement
- 250. Small Purchase – Goods and Services
- 255. Sole Source Procurement
- 260. Emergency Procurement
- 265. Specialized Purchasing
- 266. Purchasing Cards
- 270. Types of Contracts
- 275. Contract Formation and Administration
- 281. Construction and Professional Services in Support of Construction
- 285. Cost or Price Reasonableness
- 290. Requirements of Federally Funded Purchases
- 300. Interests in Real Property
- 305. Use of Non-University Space and Facilities
- 350. Concessions
- 375. Fund Raising by a Recognized University Affiliated Volunteer Group or Non-Profit Organization
- 400. Risk Management Guidelines and Procedures
- 509. Property and Equipment Overview
- 510. Loaned Property, Personally Owned Property, and Collections
- 512. Identification of Property
- 516. Property and Equipment Valuation (formerly Valuation of University Equipment)
- 521. Property and Equipment Acquisition
- 523. Receiving Property and Equipment
- 524. Property and Equipment Maintenance
- 530. Property and Equipment Storage and Movement
- 536. Subcontract Control of Government Property
- 539. Property and Equipment Record Maintenance
- 540. Physical Inventory
- 541. Property and Equipment Management Reports
- 542. Property and Equipment Utilization
- 543. Property and Equipment Transfer and Retirement
- 550. Capitalization
- 555. Impairment of Capital Assets and Retirement of Real Property
- 560. Post-Issuance Tax Compliance Procedures for Tax-Exempt and Build America Bonds
- 561. Tax Treatment of Non-Service Financial Assistance for Individuals
- 571. Administrative Procedure AP 8.571, University of Hawai‘i at Mānoa Athletics Ticket Sales for Events that are not University of Hawai‘i Athletic Competitions and that Involve Payments to Non- University of Hawai‘i Entities
- 602. General Ledger
- 611. Account Code
- 612. Establishment and Maintenance of Account Codes
- 615. Object Codes
- 617. Revenue and Higher Education Function Codes
- 619. Fund Groups
- 620. Gifts
- 621. Delinquent Financial Obligation Tax Setoff Hearings
- 622. University Endowments
- 635. Accounting For Leases
- 636. Supply Inventory
- 641. Journal Entries
- 650. Continuation and General Clearing Accounts
- 651. Non-Student Accounts Receivable and Delinquent Financial Obligations
- 671. Year-End Accounting Data
- 685. Cancellation or Replacement of University of Hawaii General Account Checks
- 686. Terminal Vacation Payout
- 701. Receipting and Depositing of Funds Received by the University
- 702. Establishment of Electronic Funds Transfer and Receipt of Funds
- 710. Credit Card Administration
- 731. Student Accounts Receivable and Delinquent Financial Obligations
- 740. Dishonored Checks
- 750. Establishment and Maintenance of Change Funds
- 760. IRS Compliance for Reporting Cash Payments Over $10,000
- 770. Student Refunds
- 802. Requirement of Direct Deposit and/or ACH
- 806. Roles and Responsibilities for Payment Transaction Processing
- 808. Bank Wire Transfer
- 851. Employee Out-of-State and Intra-State Travel
- 852. Personal Automobile Mileage Voucher
- 853. Mobile Devices and Related Communications Services Program
- 863. Relocation Allowances
- 867. Information Reporting on 1099-MISC, 1099-NEC and Backup Withholding on Payments
- 868. Reporting and Withholding on Payments to Nonresident Aliens and Foreign Corporations
- 870. Pay Types and Pay Days
- 871. Distribution on Security of Paychecks
- 873. Payroll Processing Cycle Deadlines
- 876. Overtime Authorization and Compensation
- 877. Salary and Wage Overpayment Recovery
- 879. Post Death Payments
- 926. Administrative Procedure, AP 8.926 Administrative and Financial Management Requirements for Extramurally Financed Research and Training Programs/Activities of the University of Hawai`i (UH
- 927. Administrative Procedure, AP 8.927 Facilities & Administrative Cost Charges in Contracts and Grants
- 951. Accounting for Federally Matching Equipment Grants
- + 9. Personnel
- + 10. Land and Physical Facilities
- + 11. Miscellaneous
- + 12. Research
- Abolished Procedures (Post Oct. 2014)
- Archived AP
UH‐Related Laws and Rules
- Hawaiʻi Revised Statutes (HRS) 304A
- Hawaiʻi Administrative Rules (HAR) Title 20
Administrative Procedure 8.686 Administrative Procedure 8.686
Terminal Vacation Payout
Administrative Procedure Chapter 8, Business and Finance
Administrative Procedure AP 8.686, Terminal Vacation Payout
Effective Date: July 2016
Prior Dates Amended: None
Responsible Office: Office of the Vice President for Budget and Finance/Chief Financial Officer
Governing Board and/or Executive Policy: EP 1.102, Authority to Manage and Control the Operations of the Campus
Review Date: July 2019
To establish consistency in cost accounting for the University’s terminal vacation payouts and to describe the process of terminal vacation payout and fringe benefit rate.
A. Terminal vacation payout fringe benefit rate – A single fringe benefit rate calculated as a percentage of payroll for all employees who accrue vacation, regardless of funding source. The rate is assessed as a portion of total fringe benefit costs.
B. Terminal vacation payout – A payment for an accrued vacation balance made to a UH employee who is leaving the University because of termination, resignation, retirement, or transfer.
C. Terminal vacation payout pool – A pool account (system wide account - SW 4432920) to collect all vacation payout contributions resulting from the fringe benefit rate assessment and from which all terminal vacation payouts are made.
III. Administrative Procedure
A. Assessment Methodology
1. Only employees who accrue vacation, regardless of funding source, are assessed the fringe benefit rate as a portion of total fringe benefit costs for contribution to the terminal vacation leave payout pool.
2. For non-imposed funds (general funds, S397, selected federal funds), each campus designates the imposed fund accounts to charge the vacation payout fringe benefit rate.
3. For all other funds (not non-imposed) the vacation payout fringe benefit rate is charged to the same account that the employee is paid on.
4. A single terminal vacation payout fringe benefit rate for the University is calculated, established, and monitored by Office of Research Services (ORS) on an annual basis.
5. Fringe benefit rate assessments collected in the University system wide account (SW 4432920) are used to make all terminal vacation payouts.
B. Payouts made from the vacation payout pool
1. The payout pool is established to pay for the following situations:
a. Termination, resignation or retirement from a position at the University of Hawaii (UH) with an accrued vacation balance; or
b. Transfer from a position with vacation accrual to a non-vacation accruing position within the UH system; or
c. Transfer from a position in the UH system with vacation accrual to another State or County agency.
2. The designated preparer shall initiate the G2 Form, Application for Transfer of Vacation and Sick Leave Credit or Payment In Lieu of Vacation, obtain department head approval, and submit it to the Payroll Office for processing.
C. Processing of terminal vacation payout for an employee that transfers from or to a State or County agency.
1. For an employee that transfers from a State or County agency, the campus Fiscal Administrators (FAs) shall:
a. Work with OHR and/or employee to determine the source of funds used to pay the terminal vacation and notate on the check stub.
b. If the terminal vacation payout is financed by the general fund of the State, the designated System FA will make the deposit with the State Director of Finance.
c. Send the payout received to the designated System FA for deposit and recording.
2. For an employee that transfers to a State or County agency, the campus FA is
responsible for initiating the payout request (DV – Disbursing Voucher) in the Kuali Financial System and attaching the required documentation for the transfer. The DV will be then reviewed and approved by the designated System FA.
D. Managing the terminal vacation payout pool account
1. The designated System FA is responsible for managing the terminal vacation pool account. Responsibilities include:
a. Reconciliation of direct payments to and from other State agencies against the pool account.
b. Notifying the ORS if the pool account has excessive surplus or deficit balances at yearend. If the surplus or deficit is excessive, a recalculation of the assessment rate may be required.
2. ORS is responsible for negotiating the terminal vacation payout fringe benefit rate with the Department of Health and Human Services (DHHS) annually. The rate should be reviewed and recalculated by ORS each fiscal year to submit to DHHS for approval.
IV. Delegation of Authority
There is no administrative specific delegation of authority.
V. Contact Information
General Accounting and Loan Collections at firstname.lastname@example.org
Website: http://www.fmo.hawaii.edu/general accounting/index.html
A. Link to superseded Executive Policies in old format https://www.hawaii.edu/policy/archives/ep/
B. Link to Administrative Procedures in old format https://www.hawaii.edu/policy/archives/apm/sysap.php
VII. Exhibits and Appendices
Vice President for Budget and Finance/Chief Financial Officer
June 14, 2016
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