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Budget Monitoring for Kent Maintained Schools

Audience: Primary, Secondary
Single session
  • Key Stage 1
  • Key Stage 2
  • Key Stage 3
  • Key Stage 4
  • Key Stage 5

Brief Overview

This full day session is for individuals who are a local authority school and are monitoring their budget using the Budget Planning Software (BPS) and produced reports for strategic stakeholders. 

The assumption will be that those attending will be finance staff who use FMS6/Bromcom and have purchased the core finance package which includes the Budget Planning Software.

Delegates are required to bring along the following - 

  • their own laptop and power pack
  • Logon details MUST be available on the day to log in to your computer as well as BPS
  • The BPS will be web based therefore access to the internet will be required. Please note the venue will have wireless internet in the room. Without internet access you will not be able to access your school’s BPS
  • A Cumulative Expense Analysis (CEA) from the schools accounting system
  • Candidates should bring a memory stick with them if they do not wish to bring hard copies of the reports from their accounting system

Learning Outcomes

The Session will cover in detail: 

  • How to use the imported data from FMS6/Bromcom accounting systems to create initial figures for monitoring the school’s budgets and then making adjustments to inform the year end forecast amounts.
  • How the funding template can be updated to assist with year-end forecast amounts
  • How to use the Budget Planning Software to generate both cost centre and ledger code reports suitable for various parties e.g. Head teachers and Governors
  • Questions will be taken

Prices

Dates

  • session - 02/07/2024 09:00  -  16:00

Event Type

Face 2 Face

Address

MIDAS Centre
Meadowfield School
Swanstree Avenue
Sittingbourne
Kent
ME10 4NL

Delivered by

  • Joanne Clark

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