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  1. Financial Coding Guidance

    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.

  2. Capital Purchases (Fixed Assets) and Long-Term Revenue Commitments

    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.

  3. Procurement Cards

    LJMU has an account with Barclaycard for Procurement Cards. These cards are for low value, ad hoc purchases.

  4. Pension Schemes

    When you join LJMU with a contract of more than three months, you will be contractually enrolled into either the Local Government Pension Scheme (Merseyside Pension Fund) or the Teachers Pension Scheme, dependent on your contract of employment.

  5. P60s

    A P60 is issued to employees at the end of a tax year. The tax year runs from 6 April to 5 April the following year.

  6. Payslips

    Your payslip contains important information including your payroll number and your gross and net pay. You can also see your personal tax code and the University’s Tax Office Reference. It’s important to check your payslip each month to make sure that you are being paid the right amount.