Search

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: 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.

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

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

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.

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

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

11 Aug 2015: All external funding bodies (known as ‘sponsors’) have their own terms and conditions covering how funds should be applied for and administered when received. You should review these before applying.

23 Jul 2015: There are usually two reasons why cost varies from budget. Price - item costs more or less than expected. ... Unplanned activity occurs, for example a staff member may fall ill for an extended period requiring the recruitment of temporary cover at

29 Jul 2015: understanding sponsor terms and conditions. full economic costing (fEC) of research and the use of the X5 costing tool.

1 Apr 2015: Download this chapter in PDF format Overview The aim of this guidance is to give members of the University of Cambridge a brief overview of the University's insurance programme followed by a more in-depth look at the extent of cover and links to the

2 Jun 2015: Overview The University of Cambridge Sites and Buildings Regulations as adopted and approved 21 July 2014 allow Departments equipped with necessary expertise to apply for approval to undertake minor construction works and maintenance, providing they

4 Sep 2015: Cost Centre. 4. Identifies a specific activity or section within a department. ... Cost centre codes are, in the main, specific to a department.

10 Aug 2015: Final date for completion Action required Tue 24 Sep Institution Summary Reports will be issued electronically to institutions as follows: Date Interim 1 Fri 2 Aug Interim 2 Thu 22 Aug (following close of AP etc.) Interim 3 Tue 3 Sep

7 Apr 2015: At the year-end the Finance Division will ensure that unspent balances on specific endowments and specific donations will be rolled forward and will be available for spending in the following financial year.

4 Sep 2015: The indirect cost charge (ICC) or Trust Fund overheads is an overhead charged on pay costs met from most other non-Chest Sources of Funds. ... ICC is intended to recognise and recover part of the central and local infrastructure costs of non-Chest funded

17 Aug 2015: Goods and/or services must not be provided on credit without a customer purchase order or the appropriate written equivalent contract. A customer purchase order provides written confirmation of the customer’s details (e.g., current address,