Receiving a payment to Cornell for goods or services may require registering Cornell in another entity’s payment system. Ensuring that payments are properly directed and that your unit or the university is not exposed to adverse legal, tax, or financial consequences is extremely important.
Determine which department is responsible for processing the registration.
Other central offices are responsible for their activity. For other payments please be sure that your unit is authorized to engage in the activity generating the payment, and that the payment is being made to the university, not to an individual employee or student.
If your department is responsible for processing the registration, complete the registration:
Before completing a registration, ask the entity to search their records for Cornell under the tax ID below in item 3.
If your department will deliver services to an external entity, a contract or standard business terms and conditions should be in place.can help develop standard contracts for an activity not managed by a central office.
Finally, be sure that the payment represents genuine activity not an attempt, such as, to obtain university or personal information such as bank accounts.