Weekly Bulletin No. 871
Monday 12th July
David Hughes - Key business matters
Every fortnight, Director of Finance David Hughes updates the Finance Division on key business matters. Where relevant, we will also share this news via the CUFS Bulletin to keep our wider Finance community informed. Over the summer period, these messages will be reduced to monthly and the latest issue features a brief update about the University's 2021/22 budget.
The update can be accessed here
Issued by Nicola Lawrence - Finance Transformation Programme
Year-end 2020/21
Last Date |
Module |
Task |
Mon 12 Jul |
PAY |
Last date for overtime claims input |
Please refer to year end instructions webpage for further information, including the detailed instructions for individual modules.
Issued by Christine Rogerson - Finance Training
Year-end stock takes
In order to satisfy external audit requirements and ensure controls over Departmental Inventory holdings, we require Departments that hold stock to regularly undertake stock takes, and especially at the year end.
As a result of the current circumstances, we appreciate this will be a difficult task. As Departments return to buildings, we ask that stock takes are undertaken as soon as possible over the year end, focusing on high value items held within the Inventory Balances.
Please let Central and Research Accounting (UFS_INV@admin.cam.ac.uk) know of any issues as soon as possible.
Issued by Mike Sinclair - Central and Research Accounting
Research Excellence Framework (REF) expenditure sweeps
Recharges from the Estates Division
Following feedback from the recent school based year-end Q&A sessions, we are aware there are some concerns around the timing of recharges from the Estates Division.
If you are expecting to receive specific charges in time for the year-end and have yet to do so or you have a particular query regarding a recharge from the Estates Division, please contact Sam Thake – sam.thake@admin.cam.ac.uk in Property Accounting Services (Finance Division) who will be able to assist.
Isued by Sam Thake - Accounts Coordinator
Year end for New Users Q&A session, Wednesday 14th July
Financial Users Group (FUG) - 10am Friday 16 July
Everone is welcome to drop in to Friday's FUG at 10am this Friday via Microsoft Teams.
If you can not make it the meetings are recorded and will be available on the FUG Papers page.
The Agenda, and recordings of previous meetings are available here
- Click here to join the meeting
Hope to see you all Friday
Issued by Michelle Bond - Head of Financial Systems
ILLUMINA CAMBRIDGE LTD – Hosted Catalogue
We are pleased to let you know that there is now a Live Hosted catalogue for Illumina on the Marketplace, to replace the punch out until the issues related to that are resolved.
Issued by Heather Twinn - eProcurement Administrator
UPERGY LTD T/A ALLBATTERIES UK
Updates to departmental dispensation approval
Department codes in dispensation IDs
Deposit Account – Interest Payment & Emailed Enforced Movement Letters
Deposit Account
Please note Deposit Account interest has been credited for June 2021 in CUFS
Enforced Movements
As part of monthly monitoring the Treasury & Investments team have carried out deposit movements to correct debit balances on Sources of Funds. Affected departments will receive documentation indicating which accounts have been adjusted.
Emailed Enforced Movement Letters
Departments will now receive enforced movement letters via email. If these are being received by the incorrect contact or you have not received a notification you were expecting, please contact Treasury & Investments.
July 2021 Deposit Account Interest
Please ensure deposit movements for July 2021 have been processed by the close of 19th August 2021, and that overdrawn accounts have had funds taken off deposit by this time to avoid delays in crediting July’s Interest.
Queries: Any queries should be addressed to: Treasury & Investments treasury@admin.cam.ac.uk Ext 64216
Monthly Accounting Timetable
To view the status of the monthly process including the month end close dates please use the following link: Accounting Timetable
Bulletins
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