Management Information Sheet

For clarification, clusters that raise journals to transfer funds to schools relating to SEND Top up Funding, specific subjective codes should be used.

Clusters are therefore requested to use 74520 ‘payments to other schools’ to create the debit entry in their accounts and 98770 ‘Internal Recharge SEN Cluster’ to credit the school accounts.

Paper copies are no longer being accepted and clusters/schools are requested to use the NCC Internal Journal facility within Star Accounts.

Once the electronic forms have been received by the Schools Finance Team, checks will be carried out and if the incorrect subjective codes have been used, we will be notifying the cluster to amend where necessary.

If electronic forms are received that include academies with their old cost centre code, all entries will be rejected and the cluster will be notified accordingly to resubmit.

We are requesting where funds are to be transferred to an Academy, the Academy creates an invoice, enabling the cluster to pay the Academy direct and code this to subjective 54210 ‘Payments to Academies’.

If you have any questions relating to anything above then please contact your school's Finance Support Officer in the first instance.