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FMS6 Healthcheck and Closedown

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

Brief Overview

This whole day course incorporates the FMS6 Healthcheck and FMS6 Closedown courses. 

It is for school-based finance staff whose responsibilities include ensuring that the school’s FMS6 system includes the correct information and is up to date. The course also includes year end closedown procedures and how to open a New Year on FMS6. 

Ideally staff should be familiar with using FMS6.

Learning Outcomes

By the end of the session delegates will be able to: 

  • Agree that Budget Share funding balances on the Statement of Accounts balance to FMS6.
  • Update the Income and expenditure / Reconciliation report for missing codes
  • Reconcile Control codes including VAT codes
  • Identify errors and make corrections to FMS6
  • Be able to complete a Healthcheck in the future on a regular basis
  • Use the Healthcheck pack to prepare for the year end closure of accounts
  • Open a New Year on FMS6
  • Correct any system errors before a preliminary closure can be performed
  • Process year-end adjustments
  • Print final accounts and send to Schools Financial Services
  • Check the final accounts (Summary Reports) before submission to the Department of Education. 

Course Requirements 

Delegates will be required to have access to their FMS6 Healthcheck and FMS6 Closedown Guidance packs which would have been sent to schools purchasing the Core Finance package.

Prices

Dates

  • Session - 21/02/2024 09:30  -  16:00

Event Type

Face 2 Face

Address

Kent Scouts Activity Centre
Lower Grange Farm
Sandling
Maidstone
Kent
ME14 3DA

Delivered by

  • Joanne Clark
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Product Type:
Training
Product Topic:
School Finance