Accruals and prepayments

3rd July 2024

If you are a budget holder you need to get the lists of all outstanding accruals and prepayments to your Finance colleagues by 12 April to ensure that these costs get charged to the correct financial year.

More detailed guidance for those who are unfamiliar with the accounting concepts of accruals or pre-payments is contained in the detailed guidance note.

In the event of queries and questions please ask your Budget Manager for advice.