Published on Finance Division (https://www.finance.admin.cam.ac.uk)

Home > Policy & Procedures > Financial Procedures > Chapter 14 - Accounting for donations and grants > Procedures for receiving donations via the Development and Alumni Relations office (CUDAR) > Donation release

Donation release

When funds are released they will be credited to the specified department / cost centre / source of funds combination with a transaction code:

  • LFDO "Donations transferred from Development Office"

It will also include any interest that has been earned where the donation has been put on deposit in the interim. The institution will be copied into the email from Finance Division to CUDAR that confirms the transfer has been processed. Departments must not enter journals to move income from this code.


Source URL:https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-14-accounting-donations-and-grants/procedures-4