001.1 Overview

The University Financial Services (UFS) is the central coordinating unit for Portland State University (PSU) financial transactions.

The University operates under a broad spectrum of policies, regulations, and laws mandated by the by local, state, and federal governments.

This Financial Services Policies Manual (FPM) is the official university reference for these rules as they apply to operating units. The length and breadth of this manual is a testimony to the volume and complexity of the financial transactions conducted on a daily basis at PSU.

The FPM is an effort to codify, in one location, policies and process guidelines for implementing these policies for the vast majority of financial transactions.