Finance
Welcome to Stellenbosch University

Advancements

‚ÄčTo make a payment before it is due to staff or when a service provider cannot produce an invoice upfront. Due to the risk involved, advances are only issued in highly exceptional cases and must be reconciled within 30days. Only costs that meet the requirements of the financial policy may be incurred in the form of an advance and no remuneration for services may be paid from it.