Finance service support options

Customised, flexible packages specifically designed to achieve your financial goals.

Our Financial Management Consultants establish professional working relationships with schools and provide flexibility, responsiveness and a commitment to quality management and customer care. We believe in building quality into our service delivery and all our staff are committed to this objective.

Our aim is to bring 'Valued Added' into every school
that we support regardless of which package you take.

We have listed below our standard Gold, Silver and Bronze packages, however if you require a different type of service we will be very happy to bespoke a package to suit your school’s needs.

Adhoc Services

SBS offer additional professional services when you need them.

Training for SBS Online and Finance Systems
School finance policy documentation production
Attendance at governing body, finance committee or others as requested
Set up of various financial software system databases,
including Personnel modules

Bursary Service

The bursary service is usually for schools that currently have a vacancy for a bursar or finance officer, or for schools that wish to use this service instead of employing their own bursar in addition to our Gold Service Consultancy visits.

Our bursary service is an efficient and cost effective way of managing the day to day school finances and general ledger. Our experience is that most Primary schools can be managed with 1 day a week bursary support plus the Gold Service where you receive an additional visit by a Senior Consultant/School Business Manager. In some cases schools prefer to have two days support to cover payroll issues.

This service is very much tailored to what the particular school needs and invariably the best solution is derived from an informal discussion.

Click on the Bursary tab below to view a sample of tasks that our service can provide you.

Senior Finance Consultancy Support

All inclusive Silver Service
5 Year SBS Online Budget & Business Planning Software, including Budget and Salary monitoring
Business Planning and monitoring Consultancy Support, including Governor reporting
End of Year Close
Monthly Visits
Discounted rate on any additional consultancy days
Governor meeting attendance available*
School Business Manager options (as detailed under the Silver Service)

Senior Finance Consultancy Support

All inclusive Bronze Service
5 Year SBS Online Budget and Business Planning Software, including Budget and Salary monitoring
Business Planning and monitoring Consultancy Support
Termly school visits
Discounted rate on any additional consultancy days
School Business Manager option: If you require strategic management
support to the school, with our consultants acting as a member of the senior management team to lead on the delivery of a range of projects, please see our School Business Manager service information.

Helpdesk Only

The Bronze Service is a helpdesk only service which should be purchased by schools that are very effective in terms of budget planning and monitoring, or have been using a similar finance service for a number of years.
Telephone support during business hours
5 Year SBS Online Budget and Business Planning Software, including Budget and Salary monitoring
Written updates of financial system changes
Additional services on a day rate basis

Bursar Role	Senior Consultant Role
Accounts Payable Maintain Supplier Database Raise Purchase Orders Enter Invoices/Credit Notes Print Cheques/Pay Suppliers Process Supplier Enquiries File all Accounts Payable documentation	Accounts Payable General review of documentation and transactional recording on Accounting system Accounts Payable advice
Accounts Receivable Collect and record cash collections Enter Receipts Process Paying-in Slip Bank Collections	Accounts Receivable General review of documentation and transactional recording on Accounting system Accounts Receivable advice
General Ledger Petty Cash Processing Preparation of general ledger journal forms Salary Posting and reconciliation Review General Ledger Process Bank Interest Process Monthly LEA Income Process VAT Reimbursements Process Direct Debits/Credits Preparation of Bank Reconciliation Preparation of VAT return Preparation of Income & Expenditure statement	General Ledger General review of all processing General Ledger advice
Budget Management Preparation of virement form	Budget Management Load and fix approved budget into Accounting System Review and process virement forms created by school