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Instructor-led course

Provided by: Finance Training


This course has 3 scheduled runs. To book a place, please choose your preferred date:


2020


[ Show past events ]

Events available

Finance Division Taster Sessions - Credit Control


Description

To provide an opportunity for someone from elsewhere in Finance Division to spend a day in the Credit Control Team to get an overview and appreciation of what they do.

Target audience

Staff within the Finance Division and from other departments

Topics covered
  • BACS list, cash identification and AR banking sheet
  • Receipting (incl. foreign currency receipts)
  • Relationship with Cash Management
  • Department debt statements and write offs

Research debt

  • Relationship with the ROO
  • Research debt
  • Overdue lists
  • Types of sponsor
  • Types of invoice
  • Major sponsors (incl. Research Councils, Wellcome Trust and EC)
  • Refunds and interactions with AP

Reporting and other Credit Control tasks

  • Monthly reporting
  • Bad debt provisions
  • New Sponsors/AR customers and credit checks
  • CMS
  • Debt recovery
  • Exception reports to highlight potential problems
Objectives
  • Overview of the work of the Credit Control team, for both research and non-research debt
Duration

Half Day

Frequency

Approximately every 3 months.

Theme
Events for Finance Division staff only

Events available