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Education finance
The education finance blog was set up to enhance the communication of important information from the finance team to schools.
Monitoring & Reporting 63: Clarification of CFR treatment for supply workers
Please ensure that the correct CFR heading and coding is being used when considering an agency supply worker. The guidance below helps to clarify which […]
Administration 70: Schools Mutual Fund Claims – COVID-19 Update
As COVID-19 guidance from Central Government continues to evolve, please see below revised guidance relating to Schools Mutual Fund claims. Schools Mutual Fund – COVID-19 […]
Administration 69: Schools Mutual Fund COVID-19 Guidance
COVID-19 Update The purpose of the Mutual Fund is to support schools by offsetting some of the additional external expenses incurred in paying for supply […]
Administration 68: Unallocated income in suspense
For Devon schools we have unallocated income on suspense relating to both the previous and current financial year. A large number of the transactions are […]
Administration 67: Furloughing schools staff (COVID-19)
You will be aware that the Government has set up the Coronavirus Job Retention Scheme (CJRS) which enables employers to furlough staff during the COVID-19 […]
Governance and Compliance 67: FRS Reporting
As previously mentioned at the Babcock Bursar Briefing back in February this year, at this point in time CAPITA had not yet updated FMS to […]
Administration 66: De-Delegation Behaviour Support – Error Posting
There has been an error posting for transactions narrated De-Delegation Behaviour Support in April. The error relates to Trade Union and Maternity De-Delegation which has […]
Monitoring and Reporting 62: Finance report requirements for Maintained Schools
With the continued position of schools being closed or partially open we have reviewed the upcoming report requirements FRS Reports: It has also now been […]
General 146: Counter Fraud during the Covid Crisis – Update from Devon Audit Partnership
These are indeed very strange times and Fraudsters are fully aware that we are all spending more time at home and on line. Many will […]