December 2023 FMS Processing
30/11/2023
Please find below the arrangements for Payments processing in December to cover the office closure over the Festive Period. Please ensure your staff are made aware of these dates.
Final processing dates are necessary to ensure that sales invoices can be posted to customers and any invoices for immediate payment can be made to suppliers prior to the break.
If you have any queries, please contact the Payments Helpline on (01343) 563144
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Sales invoicing Last date for sales invoice/credit note production: Wednesday 20th December - 5:00 pm Note: any invoices/credit notes input to FMS after this date and time will be printed but will not be posted until Wednesday 3rd January. |
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Accounts Payable Last date for receipt of any invoices for immediate payment to be paid: Tuesday 19th December - 12:00 pm Note: any invoices received at the Payments Section before this date and are not marked as immediate will be processed within 5 working days and will not be paid until January. |
Accounts Payable processing timetable:
- Invoices marked “Immediate” are processed by the next payment run i.e., petty cash, emergency payments, etc. Deadline for receipt is noon Tuesday for payment Friday, or noon Thursday for payment on Tuesday.
- Invoices with no markings are guaranteed to be processed within 5 working days of receipt by Payments Section
Please note that Payments Section do review the categorisation of invoices and will not process an invoice as immediate just because it is late. Genuine immediate payments take priority.