Charities Regulator
Budget Request Form
Budget in Sage 50
Budget Templates
Budgeting
A school budget assists the Principal in effective decision making to manage the school finances on a day-to-day basis. It creates awareness, encourages boards of management to plan ahead, control spending and ensure efficient running of the school. A budget is a requirement of the schools’ governance manual / articles of management and a school … Continued
Overdrafts, Borrowing & Leasing
Overview Loans/overdrafts and leasing or other forms of debts must be approved by the patron/trustee. Loans and overdrafts should be avoided except for limited periods and where the board of management is satisfied that the overdraft/loan can be cleared by the board of management in a reasonable timeframe. No loan or overdraft should be entered … Continued
Banking Guidelines
Banking
Overview All bank accounts must be in the name of the board of management and addressed to the school address. It is recommended that the number of bank accounts be kept to a minimum to ensure more efficient control and to minimise costs. All bank accounts shall be used solely for the school’s banking requirements. … Continued