The Key for School Leaders | NASBM
School business management toolkit
Monthly tasks
LSS
Ensure all monthly health and safety checks and inspections have been carried out, and that records of checks are safely stored
F
Academies: prepare budget monitoring reports
F
Check that all accounting procedures are being followed, including staff procedures for signing off purchases
F
Reconcile all bank accounts and create cash-flow forecast; share with the headteacher and governors' finance committee
F
Submit monthly VAT reclaim
F
Process payments to suppliers, including monthly bills
F
Prepare invoices for any goods and services provided by the school
F
Post accruals, prepayments and other adjustments as required
F
Close completed periods, after adjustments have been posted and reports produced
F
Contact debtors with outstanding debts (including parents owing money)
F
Submit insurance claims for long-term sickness and maternity cover (may be termly or monthly)
I