Monthly Archives: December 2018

2019 Mileage Reimbursement Rate

The CSU adjusted its mileage reimbursement rates to reflect the new IRS rates. The mileage rate changes are as follows and apply to business travel occurring on or after January 1, 2019:

  • The standard mileage rate increased from 54.5 cents per mile to 58 cents per mile.
  • Miles driven for moving purposes will be reimbursed at 20 cents per mile, increased from 18 cents per mile.

The FTS Travel module reflects the standard mileage rate appropriate to the date(s) the mileage was incurred. If you have any questions, please contact FinanceConnect at ext. 4-1558 or financeconnect@sjsu.edu.

Please forward this message to any staff or faculty you feel should be notified.

November Accounting Period Close

For employees who track or manage department budgets, please note that the month of November 2018 is now closed in CFS.

This means that the General Ledger (GL) system will not accept any more entries with a November journal date. November transactions can still be entered into the GL system, but the journal date must be 12/1/2018 or later. The current period open is December 2018.