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Policy Financial Management Revenue (FMPM 600 - FMPM 699) FMPM 600 Overview - Revenue Management

FMPM 600 Overview - Revenue Management




Intent

The intent of this overview is to set out the requirements regarding the establishment and maintenance of a revenue management system.

Definitions

Revenue

Policy and Procedures

Function and Responsibility

It is the responsibility of the Chief Financial Officer to establish and maintain a revenue management system (FMPM 610-699) which efficiently, effectively and economically manages all revenue.

The revenue management system, including adequate internal controls, must provide for:

  • promptly identifying, collecting, managing and recording information about revenue; and

  • the timely write off of revenue.

Related documents, legislation or ·¬ÇÑÉçÇø Statutes

For enquiries in relation to this FMPM Overview please contact accountsreceivable@jcu.edu.au

Administration

Approval Details

Policy DomainFinancial Management

Policy Sponsor

Vice Chancellor

Approval Authority

Finance Committee

Date for next review

08/2018

Revision History

Version

Approval date

Implementation date

Details

Author

15-01

09/09/2015

10/09/2015

Policy Sponsor and Approval Authority updated to reflect the approved Policy and Delegations Framework

Quality Standards and Policy Unit

11-01

18/08/2011

18/08/2011

Finance Committee (06/11)

 

01-01

12/2001

12/2001