Year End Processing Deadlines
The deadlines for year end processing can be found on the Year End Processing Deadlines webpage.
Payment of Expenses
Expenses are paid weekly and, documents must be received by Finance no later than 12.00 on Wednesdays for payment that week. Occasionally there may be additional checks required for individual budgets or travel advance payments and this may hold the payment until the following week.
Expenses are normally paid by BACS directly to bank accounts used for salary payments. A separate bank account may be provided for expenses, if that is more convenient.
Payment of Invoices
Properly authorised invoices are automatically released for payment in the next payment run following the invoice due date. This is normally 30 days from date of invoice.
If required, a ‘Special Payment’ can be requested. Special Payment invoices are paid in the next available weekly payment run (every Thursday). Invoices should be passed to the Accounts Payable section of Finance promptly to avoid interest charges under the Late Payments of Commercial Debt Act.
Finance makes payments weekly by BACS or cheque on a Thursday. If paid by BACS (bank transfer) this will credit to the bank account on the Monday following, except for Bank holidays when it will credit one day later.
Salary payments are generally made on the second last working day of the month.
Planned payroll dates for the 2017/18 tax year are as follows:
|Payment Date||Date Online Payslips available on PEGASUS|
|Thursday 27th April 2017||Tuesday 25th April 2017|
|Tuesday 30th May 2017||Thursday 25th May 2017|
|Thursday 29th June 2017||Tuesday 27th June 2017|
|Friday 28th July 2017||Wednesday 26th July 2017|
|Wednesday 30th August 2017||Friday 25th August 2017|
|Thursday 28th September 2017||Tuesday 26th September 2017|
|Monday 30th October 2017||Thursday 26th October 2017|
|Wednesday 29th November 2017||Monday 27th November 2017|
|Thursday 21st December 2017||Tuesday 19th December 2017|
|Tuesday 30th January 2018||Friday 26th January 2018|
|Tuesday 27th February 2018||Friday 23rd February 2018|
|Thursday 29th March 2018||Tuesday 27th March 2018|
The University Calendar - including Key Dates and Public Holidays - can be found on the Key Dates 2016-17 webpage.