LJMU's Chart of Accounts is the data structure that controls how financial transactions are collected and stored in the Oracle Financial System (Oracle is also known as Staff Infobase). It consists of fields and codes that are used to classify and record financial data to meet a number of objectives.
Procurement services have responsibility for developing the LJMU procurement strategy, financial regulations, i-buy and supporting LJMU schools and service teams to achieve value for money and best practice in obtaining goods and services.
Capital expenditure represents funds invested in acquiring, upgrading and constructing fixed assets. A fixed asset is a resource the University controls and from which we can expect to derive future economic benefit for more than one year. Expenditure for any other purpose is revenue.
Insurance
The online shop is available for staff and students to book on field trips, purchase LJMU merchandise and to register for conferences and events.
VAT on Income
VAT on Purchases
VAT on Overseas transactions
Research
JMU Services Limited