University of Illinois System
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What's New

The Release Notes and other iBuy announcements for the 2026 calendar year are posted below. Announcements from previous years can be found on the What's New Archive page.

26.2 Release – 7/19/2026

The iBuy Release 26.2 was completed on Sunday, July 19. The enhancements in this release will not impact iBuy users.

Guidelines to Ordering a Free Item in iBuy - 1/27/2026

As a reminder under policy, the university must account for free items from a supplier. It is important to properly code the free line item(s) with a penny value and the appropriate Account Code to avoid the order rejecting in Banner after being processed in iBuy.

Please keep in mind the following:

  • If the penny item has a market value at or over the minimum tagged inventory threshold amount of $2,500, an inventory account code prefixed with 127* or 163* should be applied.
    • If there is an account code (C-FOAPAL) split on the order, you must apply a line level Accounting Code (C-FOAPAL) to the penny line using a single inventory account code.
  • If the penny line is a permanent part of a piece of tagged inventory equipment on the quote, it should be placed on the same account code prefixed with 127* or 163* as the item on which it is being added.
  • If the penny line does not meet the above criteria, use account code 124900.

Additional Info

For additional assistance please refer to job aids: iBuy – Splitting Accounting Codes (C-FOAPAL) and UPAR – iBuy – Using Equipment and Non-Equipment Account Codes on the same requisition.