Controller's Office
Update: Internal Sales Policy and Procedures: Selling Goods and
Services to University Departments
Changes have been made to the policy “Selling Goods and Services to
University Departments”. The University Policy Library has been updated with the
revised policy and procedures.
The changes made:
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Lengthen the frequency of reviewing and updating rates
Removed the requirement for an annual review by the Deans
Established risk-based approach to the level of oversight
Relaxed Business Plan requirements
Relaxed Training requirements
Update to the approval forms
The clarification and guidance provided in areas that had frequent questions
by the units conducting internal sales.
These changes included:
Clarification on the roles of the units selling goods and services and the
roles of the units buying goods and services
 Language change related depreciation in the procedure called Capital
Equipment Acquisition: Internal Sales Organizations
 Language change that incorporates Internal Sales Transactions into
the Originating Accounting Transactions policy
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The Internal Sales Policy is located on the Policy library
at: http://policy.umn.edu/finance/internalsales
Internal/External Sales Office