Account Code Guidance

The quality of our financial data relies on accurate interpretation and use of account codes on financial transactions.

Income is any money received or to be received by the university from any external party, all transactions must be coded to a relevant income code.

The university has three income streams, these are:

First - tuition fee and teaching related grants.
Second - research income and research related grants.
Third - income from extended activities, e.g., knowledge transfer activity.

Expenditure is any money paid out or to be paid out by the university to an external party, all expenditure transactions must be coded to a relevant expenditure code.

More detailed information about particular income and expenditure account codes can be found in the document sections below.