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 →
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 firstname.lastname@example.org.
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 April 15, 2019 by Simon Randall in SBS Online.
CFR Framework Changes
The government has announced that the CFR Framework is changing.
See our blog to find out how this change can affect your budget in your SBS Online.
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.
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
Posted on February 28, 2019 by Simon Randall in SBS Online.
Update following Teachers’ Pension Scheme valuation
As a result of the current valuation of the Teachers’ Pension Scheme, the Government has determined that the employer contribution rate should increase to 23.68%.
Please see our recent blog for further information on how this update can be made in SBS Online Budget Management Software and how the Service Desk team can help.
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.
Posted on February 4, 2019 by Simon Randall in SBS Online.
New 2019/20 National Insurance Calculations
The new 2019/20 National Insurance table is now available for you to apply to your budgets.
Read our new blog post for further details.
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.
Posted on October 29, 2018 by Sean Clark in SBS Online.
Enhanced Budget Monitoring Tools at your disposal
Our latest release allows you to increase the range of assumptions made, whilst deriving a Projected Year End position that you most understand.
Please view our recent blog for more details about the enhancements we’ve been working on.
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.