Customers may choose from one of these 3 payment options:

• eCheck or Credit Card Portal.
  Customers may now pay via eCheck or credit card through the new UVM FCAS QuikPay portal. (Please note, credit cards do include a processing fee which is listed in the portal should this method be selected. eCheck payments do not have any fee attached.
• Check payments may be made via our AR Lockbox. The address for our lockbox is at the bottom of each invoice, which also includes a payment stub with identifying information for the item being paid. Please send check and invoice payment stub to:

The University of Vermont
PO Box 1389
Williston, VT 05495-1389

• EFT Payments (ACH or Wire) or Cash Payments. Departments will need to work with Treasury Management to receive a payment via EFT or to receive a cash payment.

Any University department that has an arrangement with an external customer which results in the generation of income from providing services or sales or is for a reimbursement of costs incurred, must record amounts due as AR in the General Ledger:

• Accounts Receivable must be booked when services are rendered, sales are made, or costs are incurred
• Accounts Receivable must be specific to an individual customer
• Accounts Receivable must be supported by back-up documentation including an invoice or agreement showing amounts due, payment terms, customer, etc.
• Accounts Receivable must be promptly collected upon and aged

The Billing and AR for External, Non-Sponsored Customers User Guide (PDF) explains how to record billing and AR activities.