Financial Accounting
The financial accounting team is primarily concerned with the following areas:
Financial Accounting
- Preparation of the University and subsidiary charities’ financial statements
- Preparation of the timetable for the above (available in the Financial Accounting section from June each year)
- Advising on accounting issues
Taxation
- Preparation of University VAT returns and other filings
- Advice on VAT (see also guidelines in VAT section)
- Preparation of the University Corporation Tax returns
- Requests for proof of residence letters from HMRC for withholding tax treaty reliefs
Endowments
- Advice on permitted use for endowments and funds available.
Treasury Management and Banking
- Investment of surplus funds
- Day to day management of banking relationships and allocation of non invoiced incoming cash
Internal Recharges
- Processing internal recharges onto Agresso