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  Glenn Hegar Texas Comptroller of Public Accounts





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Prompt Payment and Payment Scheduling


Purpose: This training is recommended for anyone responsible for payment processing at state agencies or institutions of higher education. The class will provide an overview of payment scheduling and the prompt payment law.
Description:  
  • The Payment Scheduling Law
  • The Prompt Payment Law
  • Advance Payments
  • Determining payment due dates
  • Scheduling cost-effective payments
  • Steps for disputing and refusing interest
  • Interagency Transfer Voucher (ITV) payments
  • Payment voucher examination and process

Note: This class does not cover rules and regulations administered by Statewide Procurement Division (SPD) of the Texas Comptroller of Public Accounts.
Prerequisites: None