To: MOU Financial Leads, Business Managers
From: Aimee Turner, Executive Director, Enterprise Financial Accounting and University Controller/Internal Controls Officer
This communication is a reminder of Policy 1263 which covers University related business entertainment expenses. The University is committed to the sound fiscal stewardship of State, Federal and Institutional funds. Business entertainment is often essential for employees to carry out the mission of The University of North Carolina at Chapel Hill. However, not all fund and source combos may pay for business entertainment expenses.
To provide guidance on which funds, sources and/or accounts are appropriate, please refer to the newly-posted related data item, 1263.1rd, Appropriate Accounts for Business Entertainment Expenses by Allowable Fund Types.