Treasury

UND Treasury contributes to protecting UND’s financial resources by overseeing investments and cash flow, managing banking relationships and bank account accuracy, and coordination of credit card acceptance.

Key functions include monthly cash and investment reconciliations, daily banking operations, processing of department deposits, assisting departments with PCI compliance, creation of Nelnet storefronts, and guidance to departments on Treasury related questions.

Treasury Resources

Piggy Bank

Incoming Payments

Outgoing payment

Outgoing Payments

nelnet

nelnet

Credit Card and PCI

Bank Accounts

UND is bound by NDCC 54-06-08.1 and SBHE 810 (4) when establishing bank accounts, petty cash or till funds. A UND department is not allowed to open a bank account. All UND bank accounts are established with UND's Federal tax ID number and are established by the UND Director of Treasury.

Finance Updates

UPDATE to Purchasing Card Statement Submission Process (submitting on behalf of the cardholder)

As part of our ongoing efforts to improve the purchasing card (P-Card) experience, UND is transitioning from an email-based statement and receipt submission process to a new process that utilizes DocuSign Power Forms available via the PPS website. We heard from campus that you would like the new process to allow an employee to submit […]

August journal entries and imports have posted

All journal entries and imports dated in August without budget error, approval error, or other error have posted to August. If a journal in workflow was dated in August but the approval workflow was not completed by 4pm on the fourth business day in September, the journal will re-start the workflow with a September date. […]

Personal Vehicle Mileage Rate Updated – backdated to July 1, 2026

On July 30th, the personal vehicle mileage rate for 2026 was updated by the GSA to $0.76 per mile; the change has been backdated to an effective date of July 1st, 2026. The backdating of the change means that there are three potential solutions for any reimbursement requests already processed or currently processing that include […]

New Purchasing Card Statement and Receipts Submission Process

As part of our ongoing efforts to improve the purchasing card (P-Card) experience, UND is transitioning from the current email-based statement and receipt submission process to a new process that utilizes DocuSign PowerForms. The new process is designed to make statement submission simpler, faster, and more efficient for cardholders while improving visibility and audit readiness […]