Monitoring and Reporting 15: Miscellaneous Income and Expenditure

Can we please ask Maintained Schools to make every effort to clear any amounts on ledger codes 9389 (Miscellaneous Income) and 4901 (Miscellaneous Expenditure) by the first week in March, and journal to an alternative code using the Schools Online Journal Transfer System.

There is currently £583,462 sitting on Miscellaneous Expenditure and £1,768,293  on Miscellaneous Income.

This work is required to aid the Consistent Financial Reporting (CFR) return.  You can use the CFR ledger code guidance to aid you in this task.  Guidance can be found on the schools finance pages here. If you cannot find a more relevant code to journal to, please feel free to contact the Schools Finance Team who will assist you in finding a more appropriate code.

Can you please ensure this is complete as far as possible by the first week in March

 

If you have any queries with regards to online journals please refer to our FAQ’S in the first instance. This provides all the information required as to how to use the system, how to register, and also contains details of instances where journals still need to be processed by The Schools Finance Team, such as adjustments concerning VAT, and moving items between different school numbers.

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