Tariffs Now Appearing on Invoices: What Departments Need to Know
Recently, we’ve seen a noticeable uptick in tariffs being added to vendor invoices. As global trade policies continue to evolve, these additional charges are becoming more frequent and are now impacting our purchasing costs across several departments.
To help manage this change, the Accounts Payable (AP) team has implemented a new communication process:
If a tariff on a vendor’s invoice is $300 or more, AP will make every effort to notify the relevant department.
However, it’s important to note that tariffs may not always be flagged in advance. In many cases, these charges are not discussed when the original order is placed. As such, we strongly encourage all departments to review their invoices carefully and verify whether any tariffs have been applied post-order.
If you have questions or see unexpected tariff charges, please reach out to AP directly. We’re here to help you navigate these changes and keep your projects on budget.
Categories Procurement Services