Payment of vendor invoices
Accounts Payable will only process payment on a document which clearly states that it is an Invoice and is addressed to the 'University of St Andrews'. This is in order to comply with HMRC and audit regulations. Any documents which do not meet this criteria will be returned to the supplier.
Payment Runs
All payments are by BACs transfer. The main supplier BACs run is normally sent every second Thursday, with funds being received in the suppliers bank account on the Monday. A remittance advice will be sent to each supplier following the BACs transfer being processed. Any invoices to be included on the fortnightly payment run must be received in Accounts Payable at least 2 days prior to the date of the payment run.
Payment dates from January 2019 to July 2019:
Thursday 10th January 2019
Thursday 24th January 2019
Thursday 7th February 2019
Thursday 21st February 2019
Thursday 7th March 2019
Thursday 21st March 2019
Thursday 4th April 2019
Tuesday 16th April 2019 - Early due to Easter Bank holidays
Thursday 2nd May 2019
Thursday 16th May 2019
Thursday 30th May 2019
Thursday 13th June 2019
Thursday 27th June 2019
Thursday 11th July 2019
Thursday 25th July 2019
Future payment dates will be confirmed in line with the University's Financial Year End arrangements.
Payment Terms
The University's standard payment terms are 30 days from the date of invoice. Invoices will be paid on the first BACs run produced on or after the due date.
New Vendors
If any School/Unit wishes to use a vendor which does not already exist in Aptos they must submit a new vendor request via the Procurement Office.
Different Methods of Processing Invoices
(Invoices matched to orders raised on Aptos)
(Invoices with no Purchase Order but still sent directly to Accounts Payable - mainly travel invoices)
(Invoices where no Purchase Order has been raised in Aptos)
Scanned Images
All invoices processed via Aptos are scanned. A scanned image of the invoice is therefore available to be viewed by any user of Aptos. This eliminates the need for any copies to be stored by Schools/Units.
If you have any queries regarding the processing of an invoice or payment please contact the Accounts Payable team on 01334 463094 or at accpay@st-andrews.ac.uk.