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Financial Information - Exchequer Services Accounts Payable & Receivable


Exchequer Functions

The exchequer section is responsible for the following:

  • Creditor payments [Accounts Payable]
  • Debtor collection [Accounts Receivable]
  • Payroll
  • Council Insurance Cover
  • Members Allowances

The Government has set a target for every council to monitor prompt payment of invoices (Best value performance Indicator 8). All the council's services have the achievement of the above target high on their list of priorities for service delivery.

This indicator requires the Council to maintain data on "the percentage of non-disputed invoices that are paid within 30 days of receipt". During 2006/07 we set a target of 98% and achieved 99.14%



Page Last Updated
23 October 2008