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UFS

 

Weekly Bulletin No. 834

Tuesday 20th October 

Vulnerable Period Heading

CUFS availability - Vulnerable Period Thursday 22nd October

CUFS will be unavailable during the vulnerable period of 7am to 9am on Thursday 22nd October.

This time will be used to renew the University's Jar Code signing certificate.

Issued by Lesley Dent - System Administrator

Pop up Box - Thursday 22nd October

When users first log in to CUFS on Thursday 22nd October they will see the validation box below. This is due  to the renewal of the University's Jar Code signing certificate, 

  • Tick Checkbox : Do not show this again for apps from the publisher and location above’
  • Select ‘Run’

This will prevent further popup boxes from appearing

JAVA Cache

We recommend users to clear the Java Cache to prevent signer information mismatch with old cached JAR files and also invalid certificate errors once original certificate expires.

  • Close all Browser windows
  • Control Panel – Program – Java
  • Temporary Internet files – settings – delete files - ok

Issued by Lesley Dent - System Administrator

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General Finance heading

Cambridge University Endowment Fund – Notification of Revaluation and Purchases & Sales

Revaluation as at 30 June 2020 Adjustment

Due to significant market movements it has become necessary to retrospectively revise the June 20 CUEF Net Asset Value, with the unit price revised upwards to 58.41 (rounded). The unit value at the end of the previous quarter was £52.27 (rounded) which represents an increase in value of 11.75%.

Market volatility during the quarter to June has seen the Valuation Committee again approve a correction to adjust many of the illiquid assets that report on a quarterly rather than monthly cycle (an update was made at Mar-20 due to the effects of COVID). Accuracy is important to ensure the correct number of units are created for additions and cancelled for withdrawals without unintended dilution effects for other investors.

CUFS has been updated in the Oct-20 GL period. Revised holding summaries and Contract Notes (for those that traded) will be reissued.

Queries: Any queries should be addressed to: Treasury@admin.cam.ac.uk Finance Division, Ext 64216

Issued by Scott Maclaren - Treasury & Investment

Procurement heading

Filter Tips - Supply shortage and price increases

At the Science Commodity Working Group held last week, a number of stakeholders mentioned they are seeing a shortage of filter tips, alongside nitrile gloves. Procurement Services has since also been notified by our consortia partner to expect a price increase for filter tips supplied by ELKAY LAB PRODUCTS (UK) LTD (Supplier No. 60946). This is due to increased air freight costs and the increasing global shortage on filter tips, primarily because of COVID testing.

All Elkay product codes for filter tips starting with AER will rise from £34 to £40 respectively. We have been assured this price increase remains significantly lower than the supplier's list price, and that any orders placed prior to the price increase will be honoured under the old pricing. 

If you have any queries regarding the availability and pricing of filter tips, please contact procurement.services.enquiries@admin.cam.ac.uk.

Issued by Helen Stuckey - Procurement Services

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Training header

Forthcoming courses (via Teams)

VAT and the University, Wed 4th November

This course provides an overview of VAT basics and how they apply to the University.

Cognos Introduction, Monday  9th  November

Designed for new GL or Grants reporters, this course covers the basics of using this reporting tool. Please note that the detailed reporting courses are GL2 and Grants2, but that both require this course as a pre-requisite to attend.

Issued by Christine Rogerson - Finance Training

FAQ heading

Monthly Accounting Timetable

To view the status of the monthly process including the month end close dates please use the following link: Accounting Timetable

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Vulnerable Periods

Some systems may be unavailable between 6.00am to 9.00am Tuesdays and Thursdays. Users will be notified of planned vulnerable periods here and in the latest bulletin.