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Senate election for academic staff
News 19 FebruaryNominations are now open to appoint two members of our academic staff to the university Senate for a term ending in 2028.
With the end of the year approaching, there are some points to consider ensuring a smooth closure of the university’s 2024 accounting books and financial year-end work.
Please see below the finance end-of-year deadlines for 2024:
| Due date to submit to Finance | Notes |
|---|---|
| Friday 6 December 2024 |
Payment before Christmas closure (suppliers, reimbursements and payment requests) |
| Friday 6 December 2024 |
Final revenue (debtor) invoices for 2024 Please refer to the executed agreements to ensure that contractual obligations are met. Note: 2025 related revenue, even if the invoice is raised in 2024, will hit 2025 accounts. |
| Monday 23 December 2024 |
Ensuring Flexipurchase transaction expenses for 2024 are recorded in 2024 Visa Purchase Card transactions for December 2024 Period (21 November to 20 December) will be available in Flexipurchase. Ensure transactions are coded, description entered, and receipts are attached. |
| Thursday 2 January 2025 | Ensuring expenses for 2024 are recorded against 2024 In order to ensure we record 2024 expense in 2024, this is the due date to submit 2024 invoices greater than $1k (December suppliers, December reimbursements receipts) to be accrued against 2024 budget. (Not entered in TechOne as purchase order and not part of the accruals list previously submitted). Note: Payments below $1k, which are not already booked in 2024, will be costed to 2025 due to lack of materiality. |
Project owners should aim to review their projects as early as possible and submit correction journals to Finance. The Finance team can help with the required reports.
Please ensure your list of 2024 expense accruals (based on invoice) finalisation and supplier invoices is submitted to the finance team and/or your finance business partner by their advised due dates. If you are unsure of the due date, please reach out to your finance business partner.
Any submissions received by Finance after the due dates may not be processed in 2024.
We urge you to submit your requests to Finance as early as possible and by the due dates. Providing complete, comprehensive information and justification/support (source documents) with your submissions will greatly assist in expediting the process and minimising any potential delays.
Finance would like to express our appreciation for your assistance with the year-end processes and continued support throughout the year. We wish everyone a happy Christmas and all the best for the new year.
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