Finance Update

  • 08/11/2024
  • Colleague Communications

Finance Update

Below are important finance dates for colleagues to make note of before December:

Suppliers

  • The final payment run before offices close for Christmas will be sent on Friday 20th December with payments being received on Tuesday 24th December, which pays all approved invoices with a due date up to and including Friday 10th January 2025.
  • For invoices to be included in this payment run they need to be with finance for processing no later than COB Wednesday 11th December and then approved on Unit 4 by Wednesday 18th December before 9am.

 

Expenses

  • Expenses correctly submitted and approved by 12pm on Friday 13th December will be paid on Friday 20th December.
  • All claims submitted after the deadline, or rejected, will then be included in the next available payment run and paid on Friday 10th January 2025.

 

Learners

  • Final learner spreadsheets must be submitted to finance by 3.15pm on Thursday 19th December to be paid to learners on Tuesday 24th December. This submission must include learner attendance up to 29th December. Attendance the first week of January should be submitted by the usual 3.15pm deadline on Friday 3rd January to be paid on Friday 10th January.

 

BACs

There will be no BACS run in the first week of January, therefore all invoices must be approved in Unit4 by 9am on Monday 6th January to meet the first payment run on Wednesday 8th January with payments being received on Friday 10th January.

 

If you have any questions or require further information, please contact Emma Woolley, Financial Transactions Manager at: Emma.Woolley@growthco.uk