School changing to local payments

FMS PROCESSES REQUIRED FOR CHANGING FROM CENTRAL TO LOCAL PAYMENTS

Tools>General Ledger Setup>ledger codes

Add bank acct (usually BK01)

Add petty cash (usually PC02)

Tools>Books>

Cheque Books – add

Order books – add LPS one

Petty Cash books – add LPS one

Tools>Non-Invoiced Income Parameters

Change from Central to Local

Tools>Define VAT Periods

Set up as per LA info

Opening balances – agree with LA and enter

Accounts Rec>Tools>Manage books>

Invoices – add

Receipts – add

Paying In – add

Reviewed 13/04/2018

KB16992