Revenues

 

Revenues are generated either by acquiring third party funds or by providing services.

 

Your revenue authority is derived from your role within the financial management structure. Revenues require prior legal transactions that must meet the respective review and form requirements.

 

Revenue authority is based on the following thresholds:

 

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Invoicing is a mandatory prerequisite to comply with legal requirements (e.g. VAT law) and to be able to allocate cash flows from donors or customers to you.

 

Money transfers cannot be processed by means of a transfer to a central UZH bank account (exceptions: EU/SNF funding).

 

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