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4 Sep 2015: They should be self-funding in that they cover all their related costs. ... Thus, an overriding principle is that the full costs of an activity should be matched against the income received.

4 Sep 2015: The P Source of Funds is used for funding received specifically or approved for buildings. The related expenditure should be entered via the Projects module in UFS. Normally this is only used by the Finance Division or Estates Division. Latest

5 Aug 2015: If you are aware of a new supplier with outsourced accounts i.e. using a factoring company, it is essential that the Site Name is entered as Factor when setting up the supplier.

12 Aug 2015: Pooled Labour, Non Direct Costs and Overheads are all posted by Research Accounting. ... The non-direct costs due to departments are posted to the departmental research cost centre and the source of funds EZ.

12 Aug 2015: The Research Operations Office may request further information from departments to enable them to recover costs from sponsors, such as copy invoices or clarification of expenditure.

7 Apr 2015: Accounts Receivable concerns income generated from sales for services rendered with the following steps being involved. Invoice - Raise sales invoice. Send to Customer - Invoice sent to Customer. Receipts - Income collected and receipted. Debt

4 Sep 2015: Sources of financial information The Finance Division produces the following main sources of financial and management information based on General Ledger balances: at Department level monthly departmental summary reports at School / Group level

23 Jul 2015: All institutions are required to monitor and control their expenditure to ensure that it is in line with available funds. This section gives guidance on the techniques required and reports available to enable interpretation of actual expenditure

17 Aug 2015: Determining the correct status of a customer is imperative to the sale as it may influence the costs of goods and services, the tax treatment, and the options available for debt

12 Aug 2015: travel, consumables, equipment. Direct costs. The most often used direct cost expenditure categories are:. ... PI costs. Estates costs. Indirect costs. Infrastructure technicians. University funded. Older awards will not have non-direct cost budget