New Academy Chart of Accounts SBS Online Conversion

New Academy Chart of Accounts

Not an SBS Online user yet? We’re offering a 3-month trial!

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.

Not an SBS Online user yet?

SBS Online 3-month trial


New Academy Chart of Accounts 2019

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...


Update to school Funding Predictor 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...


DfE to fund Teacher Pension increase

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...


NJC Support Scales Migration April ’19

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...


April 2019 Support Staff Pay Scales update

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...


Creating your Budget for the Next School Financial Year

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...


Top tips for school staffing budget

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!

Read more...


Sage, Profile Monitor and other Updates

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...


New Teacher Pay Scales

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...


Click here to contact us today!

12 divided by 2 =

Please see our privacy policy