Posted on July 11, 2019 by Fran Cutter in SBS Online.
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Below is everything SBS Online customers need to know about the new Academy Chart of Accounts (ACOA).
Following on from our previous blog, our developers have been working hard to introduce a fourth reporting option for the new Academy Chart of Accounts which our customers can soon utilise.
As is the custom with SBS Online, you will be able to use this reporting option either:
- On its own
- With GAG
- With CFR
- With Custom
- Or all at the same time.
The new Academy Chart of Accounts is optional, and academies can map their existing chart of accounts to the new structure if they prefer, providing there is enough detail.
How can this be implemented in SBS Online?
Method 1 – We’ll rebuild your planner
If you choose to completely adopt the new Academy Chart of Accounts, this will require your planner to be rebuilt, with your current budget all remapped to the new Budget Codes. The SBS Online implementation team will manage this for you, so please get in touch to find out more.
Contact us about Method 1 →
Method 2 – You extend your mapping
However, if your preferred method is to use your current chart of accounts and simply extend your code mapping, you can complete this yourself by enabling the new Academy Chart of Accounts in your Budget Settings and editing your Budget Codes to map to this new financial reporting structure.
Contact us about Method 2 →
What’s next?
SBS Online customers will be receiving an email in the near future to reinforce how this change could affect them and how we can assist.
If you have any questions about the above, please get in touch! Phone the Service Desk on 0345 222 1551 • Option 8, or email sbsonline@schoolbusinessservices.co.uk.
We provide regular updates for schools and MATs looking to improve their budgeting practices – please follow @school_budgets to keep up to date with our team.
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Posted on June 27, 2019 by Fran Cutter in SBS Online.
New Academy Chart of Accounts 2019
The government has released a standardised Academy Chart of Accounts. They recommend that academies implement this by September 2019.
See our blog to find out more.
Read more...
Posted on May 3, 2019 by Fran Cutter in SBS Online.
Update to school Funding Predictor in SBS Online
SBS Online have released a new version of the Funding Predictor which will enhance the budgeting experience for your school or MAT.
The update includes the ability to create Free Type entries.
See our blog to find out more.
Read more...
Posted on April 11, 2019 by Fran Cutter in SBS Online.
DfE to fund Teacher Pension increase
The government has announced that the Teacher Pension employer contributions increase will be funded.
SBS Online users can manage this change to their budget in their planners.
See our blog to find out more.
Read more...
Posted on April 9, 2019 by Fran Cutter in SBS Online.
NJC Support Scales Migration April ’19
SBS Online are offering two migration scripts for users to implement the new NJC Support Scales structure.
The details of these migrations and how they would affect your budget have been emailed to SBS Online customers.
See our blog to find out more.
Read more...
Posted on March 7, 2019 by Fran Cutter in SBS Online.
April 2019 Support Staff Pay Scales update
This blog demonstrates to SBS Online users how to apply the April 2019 Support Staff Pay Scales migration to Custom Scales.
With the complete restructure of Support Scales that’s taking place as of 1st April 2019, we have been thinking about the best way for SBS Online users to implement this change in their budget management software Custom Support Scales.
See our blog to find out more
Read more...
Posted on February 21, 2019 by Fran Cutter in SBS Online.
Creating your Budget for the Next School Financial Year
As the financial year approaches one thing on everyone’s mind is creating their School Budget for next year.
We have been thinking about ways we can make creating your 2019/20 Budget easier for you.
Check out our new blog to see how we can help.
Read more...
Posted on January 30, 2019 by Fran Cutter in SBS Online.
Top tips for school staffing budget
Here at SBS Online, we know just how important efficient Staffing Budgeting is.
Read our recent blog post about our useful staffing tips to make your life easier!
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Posted on December 13, 2018 by Fran Cutter in SBS Online.
Sage, Profile Monitor and other Updates
The SBS Online team have been working with Sage to produce a report template you can upload into your Excel Reports within Sage.
Please view our recent blog for further details on this and to hear about other updates from the SBS Online team.
Read more...
Posted on September 21, 2018 by Fran Cutter in SBS Online.
New Teacher Pay Scales
We have updated our teacher pay scales to the official amounts announced.
Please read our recent blog for further details.
Read more...