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  2. Key finance system upgrade approved | Finance Division

    https://www.finance.admin.cam.ac.uk/news/key-finance-system-upgrade-approved
    15 Jul 2020: Early next year will see the teams testing, configuring and showing users the new software. ... This will allow the new software to be launched and gives time to iron out any potential technical problems before December 2021 when
  3. We’re changing the way staff claim expenses | Finance Division

    https://www.finance.admin.cam.ac.uk/news/were-changing-way-staff-claim-expenses
    20 May 2022: Submitted by nl407 on Fri, 20/05/2022 - 09:50. The new expense system, Concur, will be one of the first visible improvements delivered by the University's Finance Transformation Programme ... Starting this month, Finance will be launching the new system
  4. Reporting Catalogue ... next steps | Finance Division

    https://www.finance.admin.cam.ac.uk/news/reporting-catalogue-next-steps
    12 Apr 2016: Please bear with us…..although the technical development of the Financial Reports Catalogue is largely complete, there is still some way to go with finalising the content in line with user feedback and in refining the number of reports.
  5. FD3 Employment Status form | Finance Division

    https://www.finance.admin.cam.ac.uk/fd3-employment-status-form
    18 Sep 2018: Before the University engages a new supplier, for the provision of personal services, we assess whether self-employed individuals or people providing services through companies should be deemed to be employees
  6. Expenses roll out is making great progress | Finance Division

    https://www.finance.admin.cam.ac.uk/news/expenses-roll-out-making-great-progress
    28 Jul 2022: Embracing new ways of working to better support our staff and academic mission . ... The new expenses system is one of the suggestions made through ourcambridge programme.
  7. Terms and Conditions | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/terms-and-conditions
    6 Feb 2015: Sales These are the University’s Terms and Conditions which apply to all sales of goods and services made by the University unless otherwise stated or agreed between the parties, as well as our General Conditions of Contract terms for purchases of
  8. Financial procedures - employee expenses | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/financial-procedures-employee-expenses
    26 Oct 2015: These pages set out procedures and provide additional information for claimants, approvers, department administrators and finance staff in interpreting the policy. The policy and its annex must be referenced for context.
  9. Current status of UFS modules | Finance Division

    https://www.finance.admin.cam.ac.uk/key-dates-and-rates/current-status
    6 Feb 2015: Status 2023/2024 May 2024 June 2024 Accounts Payable CLOSED OPEN Accounts Receivable CLOSED OPEN Purchasing CLOSED OPEN Grants CLOSED OPEN Inventory CLOSED OPEN Fixed Assets CLOSED OPEN General Ledger CLOSED OPEN
  10. Meals and subsistence: expenses policy | Finance Division

    https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/meals-and-subsistence
    28 Jul 2023: When employees are travelling on business and are more than five miles from both their normal place of work and home, they are allowed to claim for the meals that they purchase for their own personal consumption (subject to the rates below), this is
  11. Guidance and training | Finance Division

    https://www.finance.admin.cam.ac.uk/systems/reporting/guidance-and-training
    3 Sep 2015: Reports available Summary of standard Cognos reports available to departmental users in both GL and Grants.
  12. Taxation | Finance Division

    https://www.finance.admin.cam.ac.uk/training/managing-departmental-finances/taxation
    1 Dec 2020: Virtual classroom courses These are live courses run on Teams, places must be booked in advance VAT and the University This session provides you with a simple overview of the basics and how VAT applies to the University.
  13. Anti-Bribery and Corruption training | Finance Division

    https://www.finance.admin.cam.ac.uk/Compliance/anti-bribery-and-corruption-training
    6 Feb 2015: New staff should complete the training in their first few months.
  14. Transaction codes | Finance Division

    https://www.finance.admin.cam.ac.uk/training/docs/ufs-codes/transaction-codes
    9 Mar 2016: Purchasing Pay Sales /Income Purchasing transaction codes These are four characters in length and generally begin with an E followed by a category code. Where the category code is less than three characters UFS adds a "Z" as the fourth character
  15. I. Commercial Activity | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-regulations/i-commercial-activity
    25 Nov 2014: Search site. Finance Division. I. Commercial Activity. 25.1. Apart from core teaching, research and the organisation of conferences, when a new income-generating or trading activity is set up (whether ... 27.2. Heads of Department shall in respect of
  16. Students working during holidays | Finance Division

    https://www.finance.admin.cam.ac.uk/payroll/students-working-during-holidays
    19 Jan 2015: From 6 April 2013 form P38(S) was withdrawn from use. From this date students are treated in the same way as all other employees for Income tax and National Insurance contributions purposes. A Starter Checklist form should be completed in place of
  17. Budgeting | Finance Division

    https://www.finance.admin.cam.ac.uk/training/managing-departmental-finances/budgeting-0
    26 Nov 2020: Virtual classroom courses These are live courses run on Teams, places must be booked in advance Budgeting 1 - Introduction to budgeting in the University This session covers the theory and practice of budgeting in the University, how to interpret
  18. Test Page | Finance Division

    https://www.finance.admin.cam.ac.uk/training/managing-departmental-finances/excel/test-page
    6 Jul 2022: Search site. Finance Division. Test Page. test. Printer-friendly version. Search. Some items on this website are restricted. University members are encouraged to log in using Raven to make the best use of the site:. 2024 University of Cambridge.
  19. Other business expenses: expenses policy | Finance Division

    https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/other-business-expenses
    1 Aug 2023: It is expected that, in most cases, business costs would be incurred by the institution as opposed to individual members of staff. This section details some of the main types of business expenses which may be incurred in exceptional circumstances,
  20. Schedules | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-regulations/schedules
    25 Nov 2014: Schedule 1 – Competition Procedures Schedule 2 – Definition, Advice and Guidance
  21. Year-end presentations plus Q&A sessions | Finance Division

    https://www.finance.admin.cam.ac.uk/Year-end-2024_presentations_and_QA_sessions
    24 Jul 2017: On this page: Year-end Presentation Year End Video Guides Year-end Additional Presentations Year-end video presentation The 2024 Finance Year End Presentation took place on 11th June at 10am. You can watch the recording above or by clicking here.
  22. Finance system upgrade – the continuity platform for FTP | Finance…

    https://www.finance.admin.cam.ac.uk/news/finance-system-upgrade-continuity-platform-ftp
    26 Nov 2021: The upgrade will allow CUFS to remain fully supported while a new system is explored, developed and implemented through the Financial System Replacement project (FSR) - a major component of the FTP. ... The new software is mostly ‘like for like’ and
  23. Cash handling | Finance Division

    https://www.finance.admin.cam.ac.uk/training/managing-departmental-finances/cash-handling
    1 Dec 2020: Online courses These are online courses, available at any time. Book a place to start the course immediately. Petty Cash This short online course will provide you with an overview of the way petty cash operates.
  24. FTP Discovery Phase feedback session webinar | Finance Division

    https://www.finance.admin.cam.ac.uk/news/ftp-discovery-phase-feedback-session-webinar
    17 Mar 2020: During the first two weeks of March, the Finance Transformation Programme (FTP) has been feeding back the results of its Discovery Phase to key stakeholders and those who took part in the engagement activity. One of the feedback sessions was
  25. Chapter 9 - VAT and Other Taxes | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-9-vat-and-other-taxes
    25 Nov 2014: This chapter is currently being updated Introduction to VAT It is the responsibility of Heads of Departments to ensure that their Department accounts correctly for VAT and, where appropriate, corporation tax1.
  26. Imports - what do Departments need to do to prepare? | Finance…

    https://www.finance.admin.cam.ac.uk/news/imports-what-do-departments-need-do-prepare
    18 Nov 2020: From 1 January 2021, the way that we pay import VAT is changing. When the EU/UK transition period ends on 31 December 2020, imports from countries in the EU will be subject to the same customs controls and VAT rules as imports from the rest of the
  27. Providing access to transparent financial information | Finance…

    https://www.finance.admin.cam.ac.uk/news/providing-access-transparent-financial-information
    10 Dec 2020: The FTP team is currently gearing up to submit a business case to the Planning and Resources Committee in the New Year to enable the EFT project to move forward.
  28. Emergency Purchasing Procedures | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/emergency-purchasing-procedures
    9 Dec 2019: Once the system is reinstated the use of this emergency purchase order should cease and new orders generated as normal.
  29. Complaints Procedure | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/complaints-procedure
    25 Nov 2014: The Finance Division aims to provide a high quality and efficient service to all customers. We listen to both positive and critical comments and use them to improve our services, so if you have views about our services and the way they are provided,
  30. First impressions of the Finance Transformation Programme | Finance…

    https://www.finance.admin.cam.ac.uk/news/first-impressions-finance-transformation-programme
    20 May 2022: Earlier this month, Ravi shared his first impressions of his new role, his priorities, and what it’s like to work for the University. ... It won’t all be easy though. We know we’re going to face significant cultural and technical challenges as we
  31. CIMA | Finance Division

    https://www.finance.admin.cam.ac.uk/training-and-development/professional-qualification/cima
    6 Feb 2015: CIMA - The Chartered Institute of Management Accountants CIMA is the world's largest and leading professional body of management accountants with 203,000 members and students in 173 countries.
  32. ACCA | Finance Division

    https://www.finance.admin.cam.ac.uk/training-and-development/professional-qualification/acca
    6 Feb 2015: ACCA - The Association of Chartered Certified Accountants ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants, with 162,000 members and 428,000 students.
  33. Finance forges ahead on its roadmap to the future | Finance Division

    https://www.finance.admin.cam.ac.uk/news/finance-forges-ahead-its-roadmap-future
    26 Jun 2020: new generation of smart and stable processes and systems.”. ... All of the above, combined with the feedback we are actively seeking from our wider finance user community, will feed into creating a new vision for Finance which will be articulated
  34. Reporting tools | Finance Division

    https://www.finance.admin.cam.ac.uk/training/finance-systems/reporting-tools
    6 Feb 2015: Cognos introduction . This introductory course is designed for new reporters - covering everything from running a report successfully as well as a number of useful tips and shortcuts. ... They are ideal for use as a refresher or for training new staff
  35. A. Preliminary | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-regulations/preliminary
    25 Nov 2014: Terms in capitals are defined in Schedule 2 where necessary to aid interpretation. The Council is responsible for the supervision and management of University resources and finances.
  36. Air travel: expense policy | Finance Division

    https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/business-travel/by-air
    2 Aug 2023: This table forms part of the Employee Expenses policy. Any deviations from the policy must adhere to the key principles and be authorised by the Head of Institution. It is to be applied in conjunction with the Business Travel values, and, where
  37. Expense Management System update and roll out plan | Finance Division

    https://www.finance.admin.cam.ac.uk/news/expense-management-system-update-and-roll-out-plan
    29 May 2020: Where possible, the team is continuing their work in developing and refining the new system to ensure it fully meets the University's needs and the roll-out to pilot departments ... If any departments are interested in testing the new system prior to the
  38. Additional overseas travel costs: expenses policy | Finance Division

    https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/additional-overseas-travel-costs
    28 Jul 2023: When coming to the UK to take up a new role with the University, employees can obtain a loan towards the costs via the Visa Loan Scheme.
  39. Exam Structure | Finance Division

    https://www.finance.admin.cam.ac.uk/training-and-development/professional-qualification/acca/exam-structure
    6 Feb 2015: To qualify as an ACCA member, you will need to complete: exams - a minimum of five of 15/14 exams (nine are eligible for exemption) experience - record 36 months' experience in a relevant role You will need to have a workplace mentor Fundamentals
  40. Scheduled central processes | Finance Division

    https://www.finance.admin.cam.ac.uk/key-dates-and-rates/scheduled-central-processes
    26 Nov 2015: Process for 2023/24 Completed Scheduled Indirect Cost Contribution (or ICCs.) 3rd June 1st July Monthly Payroll 24th May 25th June Bad debt provision 3rd June 1st July CUEF distribution 11th June 9th July Deposit interest 11th June 9th July
  41. Use of employee's own vehicle: expenses policy | Finance Division

    https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/business-travel/own-vehicle
    2 Aug 2023: This table forms part of the Employee Expenses policy. Any deviations from the policy must adhere to the key principles and be authorised by the Head of Institution. It is to be applied in conjunction with the Sustainable Business Travel values, and,
  42. Documents required for supplier set up requests | Finance Division

    https://www.finance.admin.cam.ac.uk/staff-and-departmental-services/customersupplier-set/supplier-set/documents-required-supplier-set
    16 Dec 2020: The supporting information and documentation needed for a new supplier request or reactivation is as follows.
  43. Category Codes: A | Finance Division

    https://www.finance.admin.cam.ac.uk/training/docs/cufs-codes/category-codes-a
    9 Mar 2016: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Code Commodity AA AUDIO EQUIPMENT INCLUDE VIDEO CONFERENCING, TV & VIDEO AAA AUDIO SPEAKERS AAB AUDIO CASSETTE RECORDERS AAC AUDIO AMPLIFIER AAD AUDIO TUNER AAE AVA EQUIPMENT - REPAIR & MAINTENAN
  44. Pilot for upload of a non-Chest ‘PLAN’ to UFS commences | Finance…

    https://www.finance.admin.cam.ac.uk/news/pilot-upload-non-chest-plan-ufs-commences
    13 May 2016: This new ‘PLAN’ budget will be piloted with a small number of departments over the coming months, and will allow us to report on non-Chest planned income and expenditure as
  45. Finance Staff Bureau | Finance Division

    https://www.finance.admin.cam.ac.uk/staff-and-departmental-services/finance-staff-bureau
    30 Oct 2015: Our Service The Finance Staff Bureau is a dedicated team in the Finance Division to provide temporary or longer-term accounting cover for any department within the University.
  46. Hire vehicles: expenses policy | Finance Division

    https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/business-travel/hire-vehicles
    2 Aug 2023: This table forms part of the Employee Expenses policy. Any deviations from the policy must adhere to the key principles and be authorised by the Head of Institution. It is to be applied in conjunction with the Business Travel values, and, where
  47. B. Heads of Department | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-regulations/b-heads-department
    25 Nov 2014: 4 Definition and Responsibility 4.1 "Head of Department" means any of the following: the Head of a Department or a Faculty not organised in departments, Secretaries of Faculty Boards, Head of a Centre, Institute or other body under the supervisi
  48. Financial Statements 2020 and current financial narrative | Finance…

    https://www.finance.admin.cam.ac.uk/news/financial-statements-2020-and-current-financial-narrative
    19 Apr 2021: To keep the University’s wider Finance community updated about Cambridge’s key financial issues, Director of Finance David Hughes has recorded two video presentations.
  49. K. Property | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-regulations/k-property
    25 Nov 2014: 32 Property 32.1 The University's real property is governed by Statutes and Ordinances including the Sites and Buildings Regulations. 32.2 Departments may not acquire or dispose of real property without taking the advice of the Directors of Finance
  50. Marketplace homepage appearance changes 9th May 2018 | Finance…

    https://www.finance.admin.cam.ac.uk/news/marketplace-homepage-appearance-changes-9th-may-2018
    8 May 2018: Further to the CUFS bulletin notice of 16th April, the homepage for the Marketplace will be changing on 9th May.
  51. J. Staffing | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-regulations/j-staffing
    25 Nov 2014: 31.5. For all new employees the Head of Department or other authorised signatory shall ensure that the person is legally eligible to work in the UK.

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