Logo Block
logo
MegaMenu Block
Breadcrumb Block

Finance calendar and responsibilities

Content Body Block

Finance calendar and responsibilities

 ...for maintained schools

Month

School Task

Local Authority (LA)Task

January

·      Q3 Forecast due – using December’s monthly summary report information. See Bulletin for deadline.

Budget Forecasting

SAP Accounting Timetable 2018-2019

·      School Census – used for Pupil Premium entitlement (if children are Looked After, Service Children or entitled to Free School Meals other than Universal Infant Free School Meals)

School Management Support Team

·      SEN amendments return to be submitted

·      Monthly Summary/Transactions Report and Reconciliation File for December (period 9) published on SchoolsWeb

Finance data for your school-Monitoring & Transaction Reports

February

  • Year End Imprest Reconciliation due for NCB schools – template and guidelines in Year End web page of the Finance Zone on SchoolsWeb

 Year End procedures

 

  • 28th February (or last working day before this date) – indicative budget is published via AnyComms
  • Monthly Summary/Transactions Report and Reconciliation File for January (period 10) published on SchoolsWeb

Finance data for your school-Monitoring & Transaction Reports

March

  • Year End procedures to be carried out – timetable and guidelines for Year End processes can be found on the Year End Web page of the Finance Zone on SchoolsWeb
  • Monthly Summary/Transactions Report and Reconciliation File for February (period 11) published on SchoolsWeb

Year End procedures

 ·      Monthly Summary/Transactions Report and Reconciliation File for February (period 11) published on SchoolsWeb

 

Finance data for your school-Monitoring & Transaction Reports

April

(New Financial Year)

  • All old financial year transactions completed by LA and balances rolled into new Financial Year
  • Final Monthly Summary Report/Transaction Report and Reconciliation File for old Financial Year issued – please process in correct year on FMS
  • New Financial Year is now open on FMS and transaction can again be processed
  • Monthly Summary/Transactions Report and Reconciliation File for March (period 12) published on SchoolsWeb
  • Final Monthly Summary/Transactions Report and Reconciliation File for March and old Financial Year (periods 13/14) published on SchoolsWeb
 ·      Monthly Summary/Transactions Report and Reconciliation File for March (period 12) published on SchoolsWeb

 

·      Final Monthly Summary/Transactions Report and Reconciliation File for March and old Financial Year (periods 13/14) published on SchoolsWeb

Finance data for your school-Monitoring & Transaction Reports

May

·       Approved (and validated) budget and 3 year plan to be submitted to Local Authority by deadline published in Year End timetable – usually the week before schools break for half term.

Budget Setting

3 Year Plan

SAP Accounting Timetable

·       Annual Parent/Governor reports to be produced for previous financial year.

Year End Parent & Governor reports

 Budget Checker (ABL Validation Tool) available for New Financial Year

June

 

  • Monthly Summary/Transactions Reports and Reconciliation Files for April and May (periods 1 & 2) published on SchoolsWeb
Finance data for your school-Monitoring & Transaction Reports

July

  • Optional Q1 forecast – especially beneficial for schools with deficit budgets – no requirement to submit to LA
  • Monthly Summary/Transactions Report and Reconciliation File for June (period 3) published on SchoolsWeb
  • Monthly Summary/Transactions Report and Reconciliation File for June (period 3) published on SchoolsWeb

 

Finance data for your school-Monitoring & Transaction Reports

August

 

•    Monthly Summary/Transactions Report and Reconciliation File for July (period 4) published on SchoolsWeb

Finance data for your school-Monitoring & Transaction Reports

September

 

  • Monthly Summary/Transactions Report and Reconciliation August (period 5) published on SchoolsWeb
Finance data for your school-Monitoring & Transaction Reports

October

  • Q2 forecast due – see bulletin for deadline - using September’s financial information
  • Monthly Summary/Transactions Report and Reconciliation File for September (period 6) published on SchoolsWeb

Budget Forecasting

 

SAP Accounting Timetable

  • Monthly Summary/Transactions Report and Reconciliation File for September (period 6) published on SchoolsWeb

 

Finance data for your school-Monitoring & Transaction Reports

November

  • Last chance for submission of revised ABL – last date published on SAP Timetable
  • Monthly Summary/Transactions Report and Reconciliation File for October (period 8) published on SchoolsWeb
  • Monthly Summary/Transactions Report and Reconciliation File for October (period 8) published on SchoolsWeb

 

Finance data for your school-Monitoring & Transaction Reports

December

 

·       Monthly Summary/Transactions Report and Reconciliation File for November  (period 9) published on SchoolsWeb

Finance data for your school-Monitoring & Transaction Reports

Foot Block
Parameters{showAZBar = True; aZListingPageNodeId = 25375; aZSiteRootNodeId = 24024}
A-Z Services