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  2. Finance Weekly Bulletin No. 815 | Finance Division

    https://www.finance.admin.cam.ac.uk/news/finance-weekly-bulletin-no-815
    10 Jun 2020: Banking information required for new Individuals and Students (who are not already on Payroll).
  3. Accommodation: Expenses Policy | Finance Division

    https://www.finance.admin.cam.ac.uk/employee-expenses-policy/annex/accommodation
    26 Jun 2023: Overnight accommodation should only be booked where the employee cannot reasonably be expected to make a return journey on the same day. Accommodation for absences of extended duration Where possible, regulated accommodation should be booked and
  4. HMRC Personal Tax Accounts | Finance Division

    https://www.finance.admin.cam.ac.uk/payroll/hmrc-personal-tax-accounts
    29 Jan 2019: Your PTA can also be used to:. Print proof of you National Insurance number (handy for new employees completing new starter checklists).
  5. Finance Weekly Bulletin No. 817 | Finance Division

    https://www.finance.admin.cam.ac.uk/news/finance-weekly-bulletin-no-817
    23 Jun 2020: The latest issue of the Finance Weekly Bulletin is now available from the UFS website. A summary of this week’s items is given below and Key Contacts are requested to share this information with staff in their departments as appropriate.
  6. Changes to Off-Payroll worker rules | Finance Division

    https://www.finance.admin.cam.ac.uk/news/changes-payroll-worker-rules
    6 Mar 2017: From 6 April 2017 new rules will apply to payments made to limited companies largely controlled by a single individual where they provide services to the University, or Agencies providing such
  7. Finance Weekly Bulletin No. 816 | Finance Division

    https://www.finance.admin.cam.ac.uk/news/finance-weekly-bulletin-no-816
    16 Jun 2020: The latest issue of the Finance Weekly Bulletin, No. 816, is now available from the UFS website. A summary of this week’s items is given below and Key Contacts are requested to share this information with staff in their departments as appropriate.
  8. 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
  9. Tax rates and bands | Finance Division

    https://www.finance.admin.cam.ac.uk/payroll/tax-rates-and-bands
    19 Jan 2015: The 2024-25 tax rates are: UK-wide tax allowances (UK) Basic rate 20% on annual earnings above the PAYE threshold and up to £37,700 Higher rate 40% over £37,701 to £125,140 Additional rate 45% over £125,140 and above Rates for Scotland (S Prefix)
  10. F. Purchasing | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-regulations/f-purchasing
    25 Nov 2014: 18 Obtaining Goods, Services or Construction Works 18.1 Expenditure of £2,000,000 or above on capital items (inclusive of VAT) requires the consent of the Planning and Resources Committee. 18.2 Value for money in purchasing is normally demonstrated
  11. Consultancy services | Finance Division

    https://www.finance.admin.cam.ac.uk/systems/reporting/consultancy-services
    25 Apr 2016: Search site. Finance Division. Consultancy services. 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.
  12. PowerPoint Presentation

    https://www.finance.admin.cam.ac.uk/files/sppworkstreams.pptx
    9 Oct 2020: WS2: Organisation structure and development People strategy and preparing for the new TOM. ... Website. News/alerts, guidance, terms of reference, documentation, and templates. Training. New processes and policies, systems and ways-of-working and good
  13. Income Tax allowances | Finance Division

    https://www.finance.admin.cam.ac.uk/payroll/income-tax-allowances
    19 Jan 2015: Income Tax allowances 2020/21 2021/22 2022/23 2023/24 2024/25 Personal Allowance - those born after 5 April 1948 £12,500 £12,570 £12,570 £12,570 £12,570 - those born between 6 April 1938 and 5 April 1948 - - - - - - those born before 6 April
  14. The Tax Team | Finance Division

    https://www.finance.admin.cam.ac.uk/staff-and-departmental-services/tax-team
    6 Feb 2015: The Tax Team is responsible for ensuring that the University pays the right amount of tax. To do this, we make sure that we pay tax when it is properly due, but also make sure that we claim any reliefs that are available to us as a charity or
  15. 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
  16. 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
  17. 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.
  18. 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.
  19. 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
  20. 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.
  21. 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
  22. 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
  23. 2023

    https://www.finance.admin.cam.ac.uk/files/year_end_checklist_2024.xlsx
    3 Jun 2024: N/A. JULY. w/c 1 Jul. Fri 5 Jul. PAY. Final date for new staff contracts to be with HR.
  24. New legal entities and amendments to existing entities | Finance…

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/new-legal-entities-and-amendments-existing-entities
    15 Oct 2021: a) Assign leads:. Departmental sponsor for new entity. Departmental point person - responsible for Finance Committee paperwork. ... a) Create a common platform if knowledge:. Synopsis of need for new entity/change.
  25. FINANCIAL YEAR END

    https://www.finance.admin.cam.ac.uk/files/year_end_2024_.pdf
    11 Jun 2024: Key Processes. • Lessons Learned. • New for 24. EVENT 1: OVERVIEW OF 22/23. ... Slide 18: Dates for the New Year 2024/25. Slide 19: Additional videos.
  26. 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.
  27. Year-end checklist 31 July 2024 JUNE Last date Actions ...

    https://www.finance.admin.cam.ac.uk/files/year-end_checklist_31_july_2024.pdf
    20 May 2024: Fri 5 Jul PAY: Final date for new staff contracts to be with HR.
  28. Follow the Financial RegulationsEnsure that you follow the…

    https://www.finance.admin.cam.ac.uk/files/procurement_take_away_document.pdf
    20 Sep 2023: To ensure compatibilityFor supply contracts only, where the goods needed to partially replace, or to add to, existing goods or an installation where using goods from a new supplier would mean
  29. 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.
  30. 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.
  31. 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
  32. M11 A10 A306 A428 A14 A10 A1307 A11 B1049Waterbeach ...

    https://www.finance.admin.cam.ac.uk/files/greenwich_house_4-8-2017.pdf
    7 Aug 2017: 7777. Rail Station. New SquareBus Station/ Emmanuel St. Cambridge BiomedicalCampus. West Cambridge.
  33. Amending Invoice Distributions

    https://www.finance.admin.cam.ac.uk/files/ar_amenddist.pdf
    20 Feb 2020: 7. Once the correction has been made and saved, a negative line is generated to the original code and a new positive line is created for the correct account.
  34. 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
  35. Establishing a new trust fund University Draftsman Development Office …

    https://www.finance.admin.cam.ac.uk/sites/www.finance.admin.cam.ac.uk/files/media_root/policies_and_procedures/flowchart_1.pdf
    28 Mar 2013: Establishing a new trust fund. University Draftsman. Development. Office. University. Department.
  36. 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,
  37. 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
  38. 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.
  39. An Introduction to Cognos AP Dashboard

    https://www.finance.admin.cam.ac.uk/files/cognos_ap_-_guidance.pdf
    6 Jul 2020: Clicking on any one of the blue, underlined numbers will open up a new tab with another report showing you the details of the invoices that make up that number.
  40. 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
  41. 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.
  42. 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
  43. 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.
  44. 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
  45. 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.
  46. Cambridge University Finances Wednesday 16th October 2019 ICE…

    https://www.finance.admin.cam.ac.uk/files/2020_financial_narrative_6_1_1.pptx
    26 Apr 2021: New financial system and new budget model in development to align incentives and provide information to make better decisions.
  47. 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
  48. 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.
  49. 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.
  50. 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,
  51. 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

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