I hope you are well and I’m sure you are looking forward to the break over the festive period. Here are some important finance dates for you to make note of before we close for the New Year:
Suppliers
- The final payment run before offices close for Christmas will be sent on Tuesday 22 December with payments being received on Thursday 24 December, which pays all approved invoices with a due date up to and including Monday 4 January 2021.
- For invoices to be included in this payment run they need to be with finance for processing no later than COB Tuesday 15 December and then approved on Unit4 by Friday 18 December before 12pm.
Expenses
- Expenses correctly submitted and approved by 12pm on Friday 18 December will be paid included in the final payment run on Thursday 24 December.
- All claims submitted after the deadline or rejected will then be included in the next available payment run on Wednesday 13 January 2021 with payments being received on Friday 15 January 2021.
Learners
- Final learner spreadsheets must be submitted to finance by 12pm on Friday 18 December. This submission must also include learner attendance up to the end of December.
- Attendance for week ending Friday 8 January 2020 should be submitted by the usual 3.15pm deadline on Friday 8. This will then be included in the next available payment run on Wednesday 13 January 2021 with payments being received on Friday 15 January 2021.
- Only one sheet should be submitted to finance for these weeks to enable processing and reduce the risk of rejection.
There will be no BACS run in the first week of January, therefore all invoices must be approved on Unit4 by 9am on Monday 11 January to meet the first payment run on Wednesday 13 January 2021 with payments being received on Friday 15 January 2021.
If you have any questions, please contact the Finance team.
Paul Simpson,
Chief Financial Officer