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4 Sep 2015: These are for Finance Division use only. These Sources of Funds show fixed asset capitalisation and depreciation movements. University policy is that we only capitalise and depreciate assets over £30,000 in value. Depreciation is calculated and

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 CUFS. Normally only used by the Finance Division or Estate Management.

4 Sep 2015: Detailed information for research grants is held in the Grants / GMS module in CUFS. Summary information is passed into the General Ledger via a nightly interface. Transactions are summarised by Department and by sponsor type. M*** No entries are

4 Sep 2015: Sometimes departments and trust managers may wish to appropriate (transfer) funds from a trust, for example: where funds need to be appropriated to another Department; or where the fund expenditure is large or spread across a number of activities

4 Sep 2015: Many departments receive income from trust funds. Each trust has its own deed that details the rules and regulations concerning its set up and use. Details of each trust are recorded in the University’s statutes & ordinances.

4 Sep 2015: The J Sources of Funds are used to account for non-research grants received from the Higher Education Funding Council for England (HEFCE) and other bodies for specific purposes, together with the associated expenditure, whether revenue expenditure

4 Sep 2015: These are for donations where the donor has specified that the gift is to be invested for the longer term, but where no trust fund has been established. In most cases the donor has also placed restrictions on the use of the income arising.

4 Sep 2015: Specific donation accounts are set up for funds donated by way of gift to the University (or a Department) for a specific purpose excluding: a contribution to the construction of a building funds which are required to be held as an endowment grants

4 Sep 2015: All these Sources of Funds designate what the University describes as self-supporting activities. They should be self-funding in that they cover all of their related costs. Thus an overriding principle is that the full costs of an activity should be

4 Sep 2015: These are only allocated with permission from the Finance Division. They are specific reserves that arise from budget allocations for specific large projects, eg CAMSIS. They are sometimes referred to as “sinking funds”. Please contact your

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.

6 Aug 2015: Click on the image to download the checklist Excel: PDF:

1 Apr 2015: At year end, departments should follow the year end timetable issued by the Finance Division and ensure that all Trust Fund transactions are processed before the GL closes. Additionally, they should be prepared to make adjustments in the final

11 Aug 2015: X5 is the software used to prepare proposal costings in line with fEC requirements. All new proposals must be costed using X5; awards or contracts which include a financial value will not be accepted unless an X5 costing is completed. There are

18 Aug 2015: Search site. Finance Division. Writing off bad debts. Debt should only be written-off if it is genuine and due, and it has been established it is not possible or economic

3 Aug 2015: We are a vibrant and ambitious College, committed to the highest standards of education for young women of all backgrounds. For staff, Murray Edwards is a friendly, modern College and offers a wi

20 Mar 2015: The prime reason why the University sets budgets is to ensure that it is operating sustainably.

23 Jun 2015: At Murray Edwards, you receive a brilliant Cambridge University education with unrivalled levels of support in your studies, all in a warm and welcoming community. Every student is offered academic

6 Feb 2015: “CIMA is the world's largest professional body of management accountants. We offer the most relevant finance qualification for business.” http://www.cimaglobal.com/ By becoming a CIMA member you will join the world’s largest professional body

6 Feb 2015: Choose to study accounting with ACCA and we will provide you with skills and knowledge relevant to any business, which means you are free to choose which type of accountancy role and organisation you want to work for.

4 Aug 2015: Too many women continue to experience environments where their achievements and voices are not recognised or heard. The fact that gender inequality still exists is one of the reasons why there is stil

12 Aug 2015: When a research grant comes to an end the Research Operations Office will perform a number of administrative processes and then close the grant. This may take up to six months, depending on the sponsor and their payment terms.

23 Jul 2015: Budgets should be input to UFS on the same transaction codes to which actual expenditure will be coded, as far as possible, otherwise meaningful analysis of Actual versus Budget expenditure is jeopardised at institutional, School and University level

23 Jul 2015: If a budget is overspent the first thing to do is investigate the reasons for the over-spend. If the over-spend is the consequence solely of a timing difference, then no immediate action is likely to be required.

23 Jun 2015: Economics: Monsheil Kahai.

23 Jul 2015: A budget is the financial representation of a planning process, usually annual. It is finalised before the beginning of a financial year and actual income and expenditure are measured against it as a means of reviewing performance and controlling

23 Jul 2015: A variance is the difference between actual and budgeted income and expenditure. Therefore, at the University, we only get variances in GL (General Ledger) on Chest funded activities. For all other sources of funds budgetary control will be

23 Jul 2015: Unlike most ‘for-profit’ organisations, funds allocated but unspent at the end of a financial year may in some cases (subject to rules) be carried forward in reserves for use in subsequent years. This allows institutions and Schools the

20 Mar 2015: Budgetary control is financial jargon for managing income and expenditure. In practice it means regularly comparing actual income or expenditure to planned income or expenditure to identify whether corrective action is required.

20 Mar 2015: All applications for research grants and contracts must now be costed on ‘X5’ on a Full Economic Cost (fEC) basis.

23 Jul 2015: The table below details those activities and sources of funds for which budgets are not created in UFS, unless your Finance Business Partner/Institution Finance Manager tells you otherwise. These activities are monitored by comparing Actual

21 Apr 2015: ECONOMIC RESEARCH - MPHIL. ECONOMICS - BA. ED CRITICAL APPROACH TO CHILD LIT-MPHIL.

1 Apr 2015: The University has limited powers to vary the application of a trust fund.

5 Aug 2015: Credit cards must be used exclusively for expenditure directly relating to University business. This may include travel and restricted entertaining.

5 Aug 2015: Department users are only able to use the Corporate exchange rates (i.e. are unable to enter User exchange rates). CUFS will usually default to this as the Rate Type. If prompted to complete this field when entering a foreign currency transaction,

31 Mar 2015: After the month end process departmental users will be able to access the new assets that have been uploaded in to the fixed asset module. They will also be able to: Update certain details, e.g. serial numbers. Change an asset's location. Change the

19 Mar 2015: Obtaining clearance from the Tax Team The engagement and payment for services where the engaging department does not propose to make payment through payroll must be cleared by the Tax Team.

31 Mar 2015: Equipment and Books Equipment costing less than £30,000 per individual item: Is written off (termed 'expensed') in the year of purchase. This means that it is not formally recognised as an asset in the University's financial statements.

29 May 2015: over. the course of 600 years. The emerging results seem to demand a rewrite of the most important chapter in our social and economic history. ... Funded by the British Academy, the Economic and Social Research Council, The Leverhulme Trust and the Isaac

9 Oct 2015: University level reporting University level management accounts and financial statements are presented in a format consistent with the Statement of Recommended Practice: Further and Higher Education (the SORP). For periods up to 31 July 2015, the

20 Mar 2015: Unit holders register their intent to buy or sell prior to the quarter date and are advised of the unit valuation once calculated.

23 Jun 2015: Undergraduates

23 Jun 2015: First year students do not need to apply for accommodation. The Tutorial Office will contact you in late August or early September after you've received your exam results and your

2 Apr 2015: Where departments receive donations directly in the form of cash and/or cheque then these should be forwarded to CUDAR for processing. CUDAR will then take responsibility for the banking of monies and receipting on UFS. If appropriate they will

4 Mar 2015: We are also a key driver of the economic and social well-being of our region. ... CA continued to collaborate with Cambridge University Press (CUP) on the joint Cambridge Exams Publishing initiative; this was showing positive results.

29 Jul 2015: Post-Award a grant will be set up in UFS where an application is successful and the sponsor has notified the Research Operations Office.

23 Jul 2015: There are four common reasons why actual expenditure or income will show a variance against the budget. 1. The cost is more (or less) than budgeted Budgets are prepared in advance and can only ever estimate income and expenditure. There are usually

2 Apr 2015: Donation income For the purposes of these procedures, "donation income" can include any of: gifts benefactions bequests legacies grants made by charitable trusts grants made by Government departments and agencies This does not include HEFCE inco

2 Apr 2015: Topics covered in this section are: Sources of funds for donations General Donations - source of funds EF** to EX** Specific Donations - source of funds H*** Specific Endowments

9 Jun 2015: Much of undergraduate and postgraduate life is dealt with through the Tutorial Office. On these pages, you will find information about how to access these different services.  You can also dow