The 2018/19 year end is approaching. Instructions including the online returns for 2018-19 are available on the Finance website Year End page. Year End WebPage The University’s financial year end is an important milestone when we publish our financial result. These year end instructions are relevant to all staff members with finance responsibilities. The general ledger Period 12 close will take place on Tuesday 6 August, with Period 13 close being Wednesday 14 August 2019. Please adhere to the processing dates as this will help us achieve a quicker accounting close and meet audit and annual return reporting deadlines. Key dates to remember: Laws and Regulation Return to be completed by Head of Schools/Planning Units by 31 August 2019 Audit Questionnaire to be completed by Director of Professional Services and Planning Unit support staff by 31 August 2019 Reminder: Importance of house-keeping ahead of year end There are many tasks which can be started now: Make sure any outstanding purchase orders and eITs are approved, amended, or deleted as required. Please encourage all staff to submit outstanding expense claims for 2017/18 for approval. There should be an annual review of all restricted funds well in advance of the year end, organised by your College and Support Group Finance Team. The Finance Research Grants Section will co-ordinate a review of research grant job codes. Training Again this year we will be running year end courses which are bookable via Event Booking on MyEd: Year End Procedures Course including an overview of the year end close, cut-off dates, accruals and prepayments, restricted funds, invoice processing and some system housekeeping. This will be held on 11 June 2019. Year end support If this is your first year end or you require any support, please speak to your local or College Finance teams in the first instance. If you have any queries with this guidance, please contact the Finance Helpline. Contact Finance Helpline This article was published on 2024-07-01
