Hi Tracy,

With regards to to the first point I would say it is absolutely 
reasonable to expect Unit 4 to come up with a fix for this.

Where/how can I get to see the online amendments request document?

Kevin Boxell
Costing&  Pricing Accountant
Room AB2-34
London Metropolitan University
Tower Building
166-220 Holloway Road
London
N7 8DB

Tel 020 7133 4536



On 25/03/2011 14:20, Moulton Tracy Miss (ACAD) wrote:
> Dear All
>
> We at UEA have been looking at the effect the recent paper from RCUK will have on grant applications and the need for modifications for pfact. There are two areas that are affected. I would appreciate your initial thoughts on how your organisations are planning to deal with these?
>
>
> 1.       The Efficiency factor to be applied to institutional indirect rates ( not estate) w.e.f  1 July 2011. The actual institutional efficiency factor to be applied will vary between institutions based on a formula and will range from a 0 to 5% cut against actual indirect rates. As this only  affects the JeS template which is hard coded I wondered whether it was reasonable to expect Unit 4 to come up with some kind of hard coded "bug fix" type approach that we can implement in time for 1 July 2011?
>
>
>
> 2.       Re-categorisation of equipment categories for research councils.  This is to take effect from 1 May 2011 which is not far away. The rules say that equipment up to £10k will be set as consumables and thus one assumes allocated as usual under the 80% rule, equipment between 10-121,588 (the OJEU limit incl of VAT) will be allocated on a contribution basis dependent upon consideration of the justification and other relevant factors and equipment over that we will get 100% of IF we can show a full business case style justification for.
>
>
>
> For Equipment, We have looked at the manual changes we can effect here for pfact and have identified that
>
> if we set our exceptional items (in org details) limit to 0.01 (ie 1 pence) then we can get the income pricing statement to allocate the full 100% of the equipment to all equipment over 10k. The re-categorisation to consumables limit being set at £10k. This seems like a short term fix though and any other thoughts would be greatly appreciated.
>
>
> Has anyone started talking to Unit 4 about the updates needed and the timescale therein?  Whilst we can add it to their on line amendments request document my concern would be that this needs to take some kind of "urgent" priority?
>
> Cheers
> Tracy
>
> School term working hours are Mon-Fri 9-3pm
> School hols working hours are Tue-Fri 9-5pm
> _________________________________________________________________
>
> Miss Tracy Moulton, Research Contracts Manager
> University of East Anglia
>
> Tel: 01603 591482  |  Fax: 01603 591550
> Email: [log in to unmask]  |  Web: www.uea.ac.uk/research
>
> Research, Enterprise&  Engagement Office, The Registry, University of East Anglia, Norwich, NR4 7TJ.
>
> University companies registered in England: UEA Enterprises Ltd (Company No. 02626389); UEA
> Consulting Ltd (Company No. 06477521); SYS Consulting Ltd (Company No. 04045713).  Registered
> Office: The Registry, University of East Anglia, Norwich, NR4 7TJ
>
> __________________________________________________________________
>
> This email may contain privileged information. If you are not the intended recipient please notify the sender and delete all copies.
>
> ########################################################################
>
> To unsubscribe from the PFACT-USERS list, click the following link:
> http://jiscmail.ac.uk/cgi-bin/webadmin?SUBED1=PFACT-USERS&A=1
>
>    


Companies Act 2006 : http://www.londonmet.ac.uk/companyinfo

########################################################################

To unsubscribe from the PFACT-USERS list, click the following link:
http://jiscmail.ac.uk/cgi-bin/webadmin?SUBED1=PFACT-USERS&A=1