Administration 29: Clearing miscellaneous balances
Posted on 10 March 2016 by education.finance
As year end is almost upon us, can all schools ensure that they have cleared item / ledger codes 9389 and 4901 (Miscellaneous Income / Expenditure) to zero by Wednesday 16th March. This can be done by submitting an online journal to email@example.com
The Cumulative Voucher listing you received on Tuesday 1st March, will show you the balances on 9389 and 4901 at the end of period 11. However, if you have submitted any journals after month end or posted income / expenses to these codes in March then you will need to adjust the totals to reflect this.
If this is going to be a problem for your school, want to check your current balance or need advice on where to code things, then please contact Keith on Ext. 3219
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