Administrative Staff

Bursars And Business Managers

This course will cover the areas of FMS that are needed for the smooth closure of accounts. It is essential before undertaking any year end processes in FMS that you have read and understood all necessary guidance from the local authority.

Each school/local authority may have different account policies so no specific advice will be given on accounting practices and any accounting assumptions made in the guide are for training purposes only. If you are in doubt of any of the school/local authority policies then it will be necessary to seek advice from the local authority.


Creating the new financial year

Modifying the chart of accounts

Transaction processing

New year budget

Year end reports

Preliminary close downs

Producing the consistent financial report (CFR), if required

Half Day