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  2. Selling goods/services from other Departments | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-8b-internal-trading/selling-goodsservices-other
    7 Apr 2015: Departments are required to create internal sales transactions when trading with other internal departments. Upon receipt of a request or a purchase order, the selling department must raise a UFS invoice using the correct internal trading data.
  3. Fixed Asset disposal form | Finance Division

    https://www.finance.admin.cam.ac.uk/fixed-asset-disposal-form
    11 Aug 2016: Please complete and submit this form if an item of your department's equipment that is on the Asset Register has been or will shortly be disposed of. This information is required to remove the equipment from the Fixed Asset Register held in UFS. The
  4. Purchasing goods from outside the EC | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-9-vat-and-other-taxes/purchasing-goods-outside-ec
    6 Aug 2015: From 1 Jan 2021 Following the end of the Brexit Transition Period purchases from suppliers both in the EC and outside are treated in a similar manner. Please refer to the Import Export Hub for the current information. When buying goods from
  5. Advertising | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-9-vat-and-other-taxes/salesincome-uk/advertising
    25 Nov 2014: Advertising sold to another charity is zero-rated as long as the charity you are selling to provides a certificate to claim zero-rating. The certificate should look something like the one shown at Appendix D and must be retained as evidence to
  6. Debt Management | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-8a-external-trading-and-credit-control/debt
    6 Aug 2015: The collection of income (and any subsequent debts) is the responsibility of the institution raising the sales invoice. The Financial Regulations state, “With the exception of research grant claims, institutions are responsible for debt collection
  7. Key Dates and Rates | Finance Division

    https://www.finance.admin.cam.ac.uk/key-dates-and-rates
    19 Jan 2015: Search site. Finance Division. Key Dates and Rates. Key Dates & Rates. 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.
  8. New Procurement Services website launched | Finance Division

    https://www.finance.admin.cam.ac.uk/news/new-procurement-services-website-launched
    24 Jul 2020: A major step towards creating a simpler, more user-friendly approach to how the University procures, purchases and pays for its goods, works and services was made this week (July 24) with the launch of Version 1 of the new Procurement Services
  9. Writing off bad debts | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-8a-external-trading-and-credit-control/debt-4
    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
  10. Types of variances | Finance Division

    https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-2-budgetary-planning-control/monitoring-and/types
    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
  11. Category Codes: R | Finance Division

    https://www.finance.admin.cam.ac.uk/training/docs/ufs-codes/transaction-codes/category-codes-r
    10 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 RA ADVERTISING RB CONFERENCES & MEETINGS RBB CONFERENCE/MEETING ROOM HIRE RC DATA INFORMATION SERVICES RCA SEARCHES RD ACCOUNTANCY SERVICES, INC.

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