The School has introduced a Purchase Order system. This requires all suppliers to be set up in advance and for a Purchase Order requisition to be created and approved before an order is made. For more information about Purchase Orders and supplier set up, please see here.
From 1 August 2019, there will be an interim process for handling invoices which have no associated Purchase Order, designed to ensure all transactions are captured within OneFinance. All invoices should be sent to Lse.Onefinance.Apinvoices@lse.ac.uk. Please note that this email account must only be used for the submission of invoices, and not for general queries. For more information about this process, please see here.
The process of adding a new supplier to OneFinance takes five business days, provided all necessary information is submitted.
It is the School’s policy to make payments by BACS only.
OneFinance will automatically route invoices requiring additional authorisation to LSE Research and Innovation (for research project expenditure) and/or payroll (UK self-employed payment - Schedule D status)
Accounts Payable payment schedule