• Finance Home
• General Accounting
  • Chart of Accounts
  • Month-End Close Schedule
  • Banner Budget Instructions
  • General Ledger Transactions
  • Cash Handling Policies
  • Retail Sales
  • Grants & Designated Funds
  • Reports
  • Forms & Instructions
  • FAQs
  • Contacts
• Liability & Risk Management
  • Insurance Coverage
  • Certificates of Insurance Information
  • Claims
  • Waivers
  • Contracts
  • Forms & Instructions
  • FAQs
  • Contacts
• Payments
  • Introduction
  • Policy Glossary
  • Business Expense Policy
  • Purchasing Policies & Procedures
    • Signature Authority Thresholds
    • Purchasing Processes
    • Transactions Under $2,000
    • Transactions Between $2,000 and $4,999
    • Transactions Between $5,000 and $9,999
    • Transactions Over $10,000
    • Special Circumstances
  • Travel & Entertainment
  • Purchasing Cards
  • Forms & Instructions
  • FAQs
  • Contacts
• Budget
  • Introduction
  • Overview of the Budget
  • General Guidelines for Budgeting
  • Budget Tools
  • Benefit Rates 2008-09
  • Benefit Rates 2009-10
  • Forms & Instructions
  • FAQs
  • Contacts
• Payroll
  • Student Payroll
  • Temporary Staff Payroll
  • Faculty/Staff Payroll
  • Forms & Instructions
  • FAQs
  • Contacts
• Downloadable Forms
• FAQs
• Contacts

About the Finance Office
The Finance Office handles SPU's internal financial transactions such as staff and student payroll, reimbursements, budget transfers and purchases. Although we do not directly handle student finances and tuition, all other Seattle Pacific fiscal business comes through our office.


News and Updates

4.01.09 King County Sales & Use Tax Increase: Effective April 1, 2009, sales and use tax within all of King County will increase five-tenths of one percent (.005), with the new rate being 9.5%. The tax will be used for transportation purposes. Businesses must collect the appropriate new rate of sales tax for retail sales and services provided within the county. Persons or businesses within King County will be subject to the new rate of use tax on items purchased for their personal or business use if sales tax has not been paid.

1.01.09 Mileage Rate Decrease in 2009: The IRS announced that they will be decreasing the standard business mileage rate for reimbursing business travel expenses, beginning January 1, 2009. The new rate for 2009 will be 55.0 cents/mile, which is down from the 58.5 cents per mile rate in effect during the second half of 2008.