Ï㽶ÊÓƵ News - threshold /channels/news_feeds/all/term/threshold/rss en Effective Feb 1, 2024: Maximum PCard Threshold will increase to $5,000 / À compter du 1 fév 2024 montant maximum sera porté à $5,000 /channels/channels/news/effective-feb-1-2024-maximum-pcard-threshold-will-increase-5000-compter-du-1-fev-2024-montant-354658 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p><b>This memo is sent on behalf of Julie Ghayad, Senior Director Systems and Transaction Services, and François Pouliot, Senior Director Procurement Services</b></p> <p>McGill Financial and Procurement Services are pleased to inform you that effective February 1, 2024, the maximum Pcard transaction amount will be increased to CAD $5,000 (from the current $2,500). No action is required on the part of PCard Holders, as the Bank will automatically apply this new threshold to all PCards.</p></div></div></div><div class="field field-name-field-published-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><div class="custom-multi-date"><div class="multi-date first"><span class="label">Published: </span><span class="day">24 </span><span class="month">January </span><span class="year">2024</span></div></div></div></div></div> Wed, 24 Jan 2024 15:14:20 +0000 webfull 196893 at /channels Effective Monday Oct 3rd - Change in threshold for FFM/PI approval on MMP Invoices to $50K /channels/channels/news/effective-monday-oct-3rd-change-threshold-ffmpi-approval-mmp-invoices-50k-342548 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p><b>This memo is sent on behalf of François Pouliot, Director Procurement Services and Julie Ghayad, Director Systems and Transaction Services</b></p><p></p> <p></p><p></p> <p>Dear Colleagues</p><p></p> <p></p><p></p> <p>In November 2020 Procurement and Financial Services jointly implemented the receiving function and invoice processing in MMP. Accordingly, the threshold for FFM/PIs to approve MMP Invoices will be increased from $10,000 CDN to $50,000 CDN (including sales taxes/self-assessed taxes). </p><p></p> <p></p><p></p></div></div></div><div class="field field-name-field-published-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><div class="custom-multi-date"><div class="multi-date first"><span class="label">Published: </span><span class="day">30 </span><span class="month">September </span><span class="year">2022</span></div></div></div></div></div> Fri, 30 Sep 2022 15:52:36 +0000 webfull 183252 at /channels