Treasury

The Treasury is repsonsible for the receipting and reconciliation of income.

Income comes from the following sources:

* Income from public funds via a block grant from the Scottish Funding Council and tuition fees paid by the Scottish Government or by local authorities
* Tuition fee income from both home, EC, RUK and overseas students
* Income from other sources including research contracts, services rendered, courses and conferences, endowments, residence and catering operations, grants and donations

There are various Payment Methods that can be used when paying income to the University as outlined in the Cash Handling & Banking Procedures.

The banking of income is covered by the Cash Handling & Banking Procedures and all staff involved with banking cash or cheques must be familiar with this document. Cash is uplifted by a secure cash carrier and Treasury manage this relationship.

Floats can be obtained by completing a Petty Cash Float Request Form and returning to the Accounts Payable section. Instructions for operating the float, including reimbursements are outlined in the Cash Handling & Banking Procedures and Financial Procedures. The School/Support Department is responsible for the security of the float. Treasury Management maintain an overall record of all Petty Cash floats for audit purposes.

Floats should be reconciled, as outlined in the Cash Handling & Banking Procedures using the Petty Cash Reconciliation Form.