Frequently Asked Questions

Access

How do I get access to Banner INB?

Go to the link "Banner online security request form" at the below site.

https://web.middlebury.edu/forms/academics/lis/banner_request_form.php

Who do I contact if I forget my Banner Web password?

Contact MIIS Technology Help Desk.

Who do I call if locked out of Banner INB?

Go to http://www.middlebury.edu/offices/technology/banner/banneraccessrequest.

Who do I contact for problems with viewing budgets in Banner Web?

Contact the budget@middlebury.com.

I have problems viewing my budget in Banner INB?

If you receive the following message, "User is not authorized to query the entered fund/org", fill out the Banner Online Security form at the below site.

https://web.middlebury.edu/forms/academics/lis/banner_request_form.php

How do I get access to a Fund/Org in Banner INB?

You will need to complete and submit a Banner Access form at http://www.middlebury.edu/offices/technology/banner/banneraccessrequest.

How do I get a new Activity Code set up?

Send an email to budget@middlebury.edu.

How do I get a new Index set up?

Contact budget@middlebury.edu.

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How do I get access to Hyperion?

Contact budget@middlebury.edu.

What password do I use for Hyperion?

Hyperion requires your windows password (the one you first use to log into your computer each morning)

Hyperion queries requires your Banner password.

Finance

What is a FOAPAL?

FOAPAL is an acronym used by Banner to describe the means in which financial data is organized.

Fund
Organization
Account
Program code
Activity code, and
Location

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What is a fixed asset?

A tangible asset acquired, purchased, constructed, or donated for use in operations and not for investment or sale.  Their useful life is longer than two years, they retain their individual identity throughout their useful life and meet the below thresholds.

Capitalization threshold for assets = $5,000 or greater.  Capitalization threshold for land is $0.00.

What is the format of the journal upload?

You can request an electronic Journal Entry form by Contacting Business Office Administrator, Brenda Rowe at browe@miis.edu.

Where do I send my journal entries for uploading?

Send your validated journal entries to miisJE@miis.edu for processing.

What is the capitalization threshold for fixed assets?

The standard capitalization threshold for capitalizing assets has been established as $5,000 or greater.  The only exception is land.  The capitalization threshold for land is $0.00.

Are Maintenance and repair cost capitalized?

No.  Costs associated with maintenance and repairs are expensed in the period incurred.  Examples are; custodial services, repainting a room, fixing a leaky faucet, and replacing parts to an engine.

What happens to assets with cost below capitalization threshold?

Assets that do not meet the monetary threshold listed in the fixed assets policy are expensed in the period incurred.  Threshold is $5,000 or greater.

What is depreciation?

Depreciation is the annual charge to income that results from a systematic and rational allocation of cost over the life of the fixed asset.  Depreciation normally begins when an asset is purchased or completed.  If it is not placed into service immediately, depreciation begins when the asset starts to lose value.