Part III - UNM Finance: Practical Applications

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Standard Accounting Resource Manual (SARM)

MSC 0000 00
1 University of New Mexico
Albuquerque, NM 87131

In Summary

Your business purpose should always explain how the purchase benefited UNM.  Think along the lines of “what” was purchased, “why” was it purchased, “for whom” (students? Staff? Others?) was it was purchased, and particularly “for what purpose” that benefits the University was it purchased.   “When” and “where” are also helpful to include.