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

Home > Policy & Procedures > Financial Procedures > Chapter 6a - Non-pay expenditure > Month end

Month end

It is best practice for departments to reconcile suppliers’ statements each month to ensure that they have recorded all invoices and credit notes taken. This process should be done regularly to ensure that operating results provide a true reflection of expenditure. 

Detailed guidance on Month End: Supplier Statements procedure [1] is available.

 

Source URL:https://www.finance.admin.cam.ac.uk/policy-and-procedures/financial-procedures/chapter-6a-non-pay-expenditure/month-end

Links
[1] https://universityofcambridgecloud.sharepoint.com/sites/FINANB_FinanceLearningHub/Published%20documents/Forms/AllItems.aspx?id=%2Fsites%2FFINANB%5FFinanceLearningHub%2FPublished%20documents%2FMonth%20End%20Review%20Supplier%20Statements%2Epdf&parent=%2Fsites%2FFINANB%5FFinanceLearningHub%2FPublished%20documents