Your monthly statement provides a record of invoices processed per month. The monthly statements are issued mid-month and itemize eResources deposit account activity and closing balance for the month prior. These statements include your final price per subscription in the local currency (including tax).
OCLS provides the colleges with 11 account statements every year: one for each month, except for April and May which are combined into a single statement. Please review your account statement each month and let OCLS know if you notice any errors or have any concerns.
The invoices listed on your monthly statement don’t necessarily correspond with subscriptions renewed in a specific month because different vendors issue invoices at different times. In principle, OCLS will accept an invoice for any acquisition that has been approved by the college, as long as it is within our invoicing deadline of the fiscal year.