R14 Payments

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This topic contains 11 replies, has 7 voices, and was last updated by  Mark 5 years, 7 months ago.

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  • Author
    Posts

  • AuditFE
    Participant

    Hi all

    Does anyone know when the SFA expect to make the Period 13 payments?

    Kind regards

    AuditFE

     
    #10644

    Caspar Verney
    Participant

    If anyone was unable to submit to the Hub for R13 or R14 and ended up having to use OLDC then their OLDC submission is supposed to be being put through the Hub afterwards by the SFA. If this results in any difference in payments or PFR then the official advice from the Data Service is:

    “All reports for final files processed on the Hub are available to providers. Providers should raise any issues direct themselves with the Agency should they have a specific issue where they have un explained differences between OLDC final report and DCFT final report.”

     
    #10646

    AuditFE
    Participant

    Thanks for that Caspar. Ideally I am trying to ascertain a date when providers should receive any payment due for R13/R14. There does not seem to be any indication anywhere.

     
    #10648

    Caspar Verney
    Participant

    There may be a very good reason why no date is being given…..

    However Accounting Services expect the payment to come out with R04 on 15th December 2014.

    HTH,
    Caspar

     
    #10649

    miaw
    Participant

    Yes, Traditionally Period 13 payments come middle of December or early January,,

     
    #10661

    Anonymous

    Does anyone know how the due payment is indicated, ie what does it say on the line, when it arrives to separate it from funding for students 2014-15?

     
    #10665

    Caspar Verney
    Participant

    Last year the lines on the Remittance Advice said something like:

    “ASTO RECONCILIATION 2012/13 19-24 Apps Rec Dec13”

    It also quoted the Contract Number down the left hand column (for SFA payments) and that is year-specific.

    HTH,
    Caspar

     
    #10668

    Anonymous

    Thank you. I will let Finance know. This the first time we are due a repayment.

     
    #10670

    Databloke
    Participant

    Hello,

    We have now received our final 1314 payment in our bank account, but I cannot see the final reconciliation on the Hub yet. I’m looking under Contracts and Finances – Payments – Remittance Details. This lets me see reconcilations for all previous months, but I can’t select December 2014 in the dropdown on the right

    Can anyone shed any light please – am I looking in the right place to get the final reconciliation PFR for 1314? Or will that be posted there later?

     
    #11586

    chrislant1
    Participant

    Hi Databloke,

    We received ours on Friday 12th by email.

    Cheers

    Chris

     
    #11590

    Mark
    Participant

    We received payment last week for what I reckon would be period 4 with adjustments for last year included. However there is no remittance available yet on the hub! We used to get it emailed, but in recent months can only access it on the hub.

    Is everyone having the same problem?

     
    #11673

    Mark
    Participant

    5th January and still no remittance for November!!!!

     
    #11834
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