Accounting, auditing and fiscal services

Tender description

The Newcastle upon Tyne NHS Foundation Trust currently utilise an electronic system (eFinancials) to process all invoices, these invoices are stored electronically. The estimated number of invoices processed per annum for Sales Ledger is 21 000 and Purchase Ledger is 230 000. The Trust requires the Supplier to carry out these reviews on an ad hoc, quarterly and annual basis. The Newcastle upon Tyne Hospitals NHS Foundation Trust require a supplier to carry out service reviews of invoices to identify under/over claims of VAT. As part of this contract, suppliers will also cover business activities and partial exemption calculations to identify claims offset by partial exemptions, and assist the Trust moving to a timely basis for Business Activities and partial exemption procedure. Suppliers will also be required to review accuracy of Output VAT on Income activities, provide staff training and to be a source of information regarding VAT queries and to identify any other additional savings. The contract will cover the Review of invoices to identify under/over claims of VAT; business activities; partial exemption calculations; review accuracy of output VAT on Income activities, provide staff training and to be a source of information regarding VAT queries and to identify any other additional savings.