Management Information Sheet
Coding Changes - Paid Meals
As per our previous MI sheet 109/16 we informed schools the catering charges would transfer and form part of the school accounts. This entails transferring income and expenditure from an EC cost centre to the school EB cost centre. The Education Funding Team have journalled all costs incurred for the period April to June between these codes.
Schools will be prompted to complete a subjective code update within Star Accounts the next time a user logs in. This will update the codes listed on MI 109/16 within the schools coding structure.
Schools will be required to complete a subjective code update within the budget software to include the income and expenditure for paid meals, to allow budgets to be setup against the transferred amounts.
Both the Catering BCR and BCR will include these new codes, to allow robust monitoring of transactions to continue.
Processes of inputting income and expenditure remain exactly the same as previously completed within Star Accounts. Those schools NOT within the Norse contract could use the codes to further analyse income and expenditure if required.
We expect budgets to be reflected within the Revision 2 completed in the Autumn term using the price structure highlighted in MI 109/16.
Monthly meal charges will continue to be available on the Finance and Business Services Website: www.efs.norfolk.gov.uk.