The ICT service

Financial Year End for Maintained Schools

For Primary Schools

Financial Year End will soon be upon us and, as usual, it falls in the Easter Break!  However, there is no need to panic – prepare now to sort out your system and it will be plain sailing.
 
There is still time to book on to one of our workshops taking place here at The ICT Service Training Centre in St Ives:
 
FMS6 Year End for LA Schools
Tues 8 March 2016, 1.30 - 4.00pm
Fri 11 March 2016, 9.30am - 12.00pm
Thurs 17 March 2016, 9.30am - 12.00pm
 
If this is your first Financial Year End then you may well have heard plenty of ‘doom and gloom’ stories to give you unnecessary worry.  The good news is that Year End is really just an extended Month End and if you start now and get your prep done, then you will have nothing to worry about.
 
Have you thought about…?
 
  • Looking at your structure within FMS? This means the chart of accounts – do you know what this is?
  • Checking if you still have numerical codes in your ‘Fund’ Cost Centre? What difference does it make?
 
  • Checking if you still have all the NI and Pension Codes in your ‘Employees’ Cost Centre?
  • How you deal with Pupil Premium Funding – can you prove your spend? This is possible by improving your cost centres within FMS.  Even better if you are using online payment systems proving Parental Engagement.
  • Doing a tidy up? Stop wading through a redundant structure.
If you are thinking about any of the above, then your system needs an ‘MOT’. 
 
We are excellent mechanics! Get in touch for details of our service.  Call The ICT Service Helpline on 0300 300 0000 or email support@theictservice.org.uk  

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