All disbursements requests that need to be processed in Fiscal Year 2022 must be submitted electronically via the PaperSave smart form and approved by the individual with signature authority by Wednesday, June 15. All E-DRFs approved after June 15, 2022, will be processed in FY 2023.
Below is the UMB Foundation’s disbursement processing schedule for fiscal year ending 2022 (June 30, 2022):
- E-DRFs must completed by the approver no later than Wednesday, June 15, to be processed in this fiscal year (FY 2022): Checks will be mailed Friday, June 24.
- E-DRFs completed by the approver Thursday, June 16, through Wednesday, June 22, will be processed in FY 2023: Checks will be mailed Friday, July 1.
- E-DRFs completed by the approver Thursday, June 23, through Wednesday, June 29, will be processed in FY 2023: Checks will be mailed Friday, July 8.
As you are preparing your E-DRF submissions, please remember UMBF only processes reimbursements to UMB accounts based on actual expenses and not encumbered balances.
For a training on PaperSave or details on the E-DRF workflow, email Kate Ostrowski at kostrowski@umaryland.edu.