{"id":523,"date":"2016-01-26T17:53:35","date_gmt":"2016-01-26T17:53:35","guid":{"rendered":"http:\/\/blogs.kent.ac.uk\/finance-news\/?p=523"},"modified":"2016-01-26T17:53:35","modified_gmt":"2016-01-26T17:53:35","slug":"chart-of-accounts-changes-update","status":"publish","type":"post","link":"https:\/\/blogs.kent.ac.uk\/finance-news\/2016\/01\/26\/chart-of-accounts-changes-update\/","title":{"rendered":"Chart of Accounts changes &#8211; update"},"content":{"rendered":"<p><span style=\"color: #000000;font-family: Calibri;font-size: medium\">Following discussions with the Staff Connect team the following changes have been made to the University\u2019s chart of accounts for payroll costs:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;font-family: Calibri;font-size: medium\">Account Code 3515 \u2013 \u2018ALC Staff \u2013 Pay\u2019 will now not be closed and has been renamed as \u2018Managerial &amp; Professional Staff Pay\u2019<\/span><\/li>\n<li><span style=\"color: #000000;font-family: Calibri;font-size: medium\">Account Code 3620 \u2013 \u2018Secretarial and Clerical staff will now not be closed and has been renamed as \u2018Administrative &amp; Secretarial Staff Pay\u2019<\/span><\/li>\n<li><span style=\"color: #000000;font-family: Calibri;font-size: medium\">Account Code 3516 \u2013 which we were going to introduce as part of the changes will now not be needed, as it would have replaced the two codes above<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;font-family: Calibri;font-size: medium\">Any expenditure posted to 3516 will be moved by Financial Reporting to 3515 or 3620 so there is no need for schools or departments to do anything.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"color: #000000;font-family: Calibri;font-size: medium\">As previously advised, the Financial Reporting team will be working with Financial Planning team to identify any budgets that need to be moved due to code closures and will be posting a virement.\u00a0 There is therefore no need for schools or departments to do individual budget movements, we will send out a further message once we are ready to post this virement.<\/span><\/p>\n<p><span style=\"color: #000000;font-family: Calibri;font-size: medium\">Please refer to the\u00a0<a href=\"http:\/\/blogs.kent.ac.uk\/finance-news\/files\/2016\/01\/IE-Account-codes-update-January-2016.pdf\" rel=\"\">updated Chart of Accounts spreadsheet<\/a>\u00a0which has been amended for these changes, if you have any questions please contact Richard Warnham (<a href=\"mailto:r.warnham@kent.ac.uk\"><u>r.warnham@kent.ac.uk<\/u><\/a>\u00a0or Ext. 7976)<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following discussions with the Staff Connect team the following changes have been made to the University\u2019s chart of accounts for payroll costs: Account Code 3515 &hellip; <a href=\"https:\/\/blogs.kent.ac.uk\/finance-news\/2016\/01\/26\/chart-of-accounts-changes-update\/\">Read&nbsp;more<\/a><\/p>\n","protected":false},"author":40584,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[137333,137327,137334,722],"tags":[],"_links":{"self":[{"href":"https:\/\/blogs.kent.ac.uk\/finance-news\/wp-json\/wp\/v2\/posts\/523"}],"collection":[{"href":"https:\/\/blogs.kent.ac.uk\/finance-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.kent.ac.uk\/finance-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/finance-news\/wp-json\/wp\/v2\/users\/40584"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/finance-news\/wp-json\/wp\/v2\/comments?post=523"}],"version-history":[{"count":3,"href":"https:\/\/blogs.kent.ac.uk\/finance-news\/wp-json\/wp\/v2\/posts\/523\/revisions"}],"predecessor-version":[{"id":527,"href":"https:\/\/blogs.kent.ac.uk\/finance-news\/wp-json\/wp\/v2\/posts\/523\/revisions\/527"}],"wp:attachment":[{"href":"https:\/\/blogs.kent.ac.uk\/finance-news\/wp-json\/wp\/v2\/media?parent=523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/finance-news\/wp-json\/wp\/v2\/categories?post=523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/finance-news\/wp-json\/wp\/v2\/tags?post=523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}