Departments
Providing Bobcat Cash
Auxiliary Services can assist departments with adding Bobcat Cash to a current OHIO student, faculty or staff member's Bobcat Cash account. In order to do so, the Department must provide the following information to Auxiliary Services by emailing BobcatCash@ohio.edu and copying the payroll office at howarde1@ohio.edu:
- Create an excel sheet with the following information for each deposit:
- Recipient Last Name
- Recipient First Name
- Recipient Ä¢¹½ÊÓƵ ID
- Recipient PID
- Employee ID (if recipient is an employee - including student employees)
- Deposit Amount
- Award Description
- Departmental Account number to be billed
- All Bobcat Cash deposits made to a customer account by the University are taxable income for the recipient. If the recipient is an employee of Ä¢¹½ÊÓƵ University, even if the deposit of Bobcat Cash is not related to their employment, the Payroll office must withhold the appropriate income tax for the deposit.
- It is the responsibility of the department requesting the Bobcat Cash deposit to make sure that all necessary tax compliance reporting is completed. If Bobcat Cash is issued to non-employees, the department should notify Accounts Payable at mitchep2@ohio.edu, who tracks the value of awards provided to non-employees to ensure IRS regulations related to the issuance of 1099's are followed.
Accepting Bobcat Cash as Form of Payment
University departments that are interested in accepting Bobcat Cash as a form of payment should contact Auxiliary Services at BobcatCash@ohio.edu to discuss the options.
In general, departments who accept Bobcat Cash are responsible for paying for the purchase of any needed equipment, as well as a percentage fee on all transactions to support the overall costs and operations of the campus transaction and payment system.