Welcome to the Treasurer’s Office Most Frequently Asked Questions (FAQs) section
Supplier Invoices FAQs
- What is a Purchase Order (PO)?
- What are the Revenue regulations applicable to invoices?
- How do I know if an invoice has been paid?
- How often are suppliers paid by Accounts Payable?
- What are the deadlines for the receipt of invoices?
- How does TCD pay suppliers?
- Why is VAT charged on foreign invoices?
Supplier Invoices FAQs
A Purchase Order (PO) form must be completed when placing orders with every Supplier. The PO clearly states Trinity College’s Terms and Conditions when entering into business. Please email: apquery@tcd.ie or phone Extn: 3323 for a Purchase Order book.
Please see information on invoice regulations at the following link: Invoice Regulations
If an invoice appears on your monthly financial reports, the presumption is that it will be included in the next Electronic Funds Transfer (EFT) / cheque run however the invoice may be on hold if there is a tax clearance or other issue.
Suppliers are paid every two weeks. See payment dates at the following link: Supplier payment dates
The cut-off dates for the receipt of supplier invoices for payment are available at the following link: Supplier invoice deadlines
Payment to all suppliers is by Electronic Funds Transfer (EFT)
Foreign suppliers do not display VAT on their invoices as it is charged in Ireland. Please remember that TCD will add VAT to the foreign invoice total upon payment. So when preparing budgets.... remember to FACTOR IN THE ADDITIONAL COSTS. VAT rates are available on the Taxation webpages.
We in the Treasurer’s Office aim to assist you as much as possible and we welcome comments and suggestions for improvements that may be made to the site. Please email us at treasurers.office@tcd.ie