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Conferences
Conferences Run on Behalf of Outside Bodies
- Conference income and expenditure is not included in the University's Income and Expenditure account.
- Any surplus may have to be transferred to the outside body.
- Any deficit will be covered by the department.
- Balance on the Conference Creditor Account 4127 is reflected in Balance Sheet only.
- Invoices should be issued by the conference organiser (not through the University's Debtor System).
- Income may be credited to the Conference Creditor Account 4127.
- Expenses are debited to the Conference Creditor Account 4127.
Conferences Run by the University
- Conference income and expenditure is reflected in the University's accounts.
- Income is credited to 5XXX account in departments' A projects (with sub analysis).
- Expenditure is debited to 6XXX account with sub analysis.
- Invoices may be issued through the University's Debtor System.
- Online registration and payment is required for larger conferences.
- Recurring conferences may be operated through a separate T Project.
VAT and Conferences
- Educational conferences are exempt for VAT purposes.
- Charges for accommodation and catering supplied by the University in connection with educational conferences will generally also be exempt. A VAT exemption certificate (available from the VAT section) should be completed by the conference organiser.
- VAT should be charged on non-educational conference fees and these should be operated through a separate T project.