Management Information Sheet

Closure of Accounts Instructions 2008-09

MI Sheet TypeAction
To Be Completed By: 31/3/09
MI Number:55/09
Publication Date:21/03/2009
LA Contact:Katie Howes (01603 228868)
Audience:Headteachers, Finance Staff and Governors
Links:http://efs.norfolk.gov.uk/default.htm
http://www.eficts.norfolk.gov.uk/Finance/Closure_Accounts_Procedures/default.aspx

Closure of Accounts Instructions 2008-09

Closure of Accounts Instructions 2008-09
Updated Information

This is a correction to the year-end guidance previously issued in MI 32 09. The guidance currently states that schools will need to put through creditors for supply costs for the period 20th to 31st March if they want this paid in the current financial year.

Supply Teacher forms are now submitted at the end of each month for payment on the following 19th. This means that for year-end accuracy, schools will need to enter a creditor for the whole of March if they wish this to be included in 2008-09 year and not just for the period in the year-end guidance.