Stocks refer to class materials and other consumable goods. The board of management must establish and maintain an adequate system of stock control with the objective of ensuring that stocks of class materials and other consumables are adequately protected against loss or misuse. This must include procedures for: Requisitioning, ordering, receiving, checking and recording goods … Continued
The board of management must approve all lettings of the school premises. A separate record of all lettings must be maintained. The board of management determines the circumstances in which use may be made for community purposes of the school buildings or grounds. The board of management should prepare regulations and conditions governing the terms … Continued
Introduction School assets are crucial to the efficient running of the school in terms of education and administration. The recording of assets in a fixed asset register facilitates the monitoring of those assets and is, therefore, a vital control in safeguarding school assets. All schools should maintain an asset register. This should contain details of … Continued
Natural Gas The Office of Government Procurement (OGP) have appointed a new supplier of natural gas to the education sector. The contract has been awarded to SSE Airtricity on the basis of lowest price tender. The new contract will be for a period of 3 years, from September 1st 2024 to the 31st August 2027. … Continued
Financial controls 1. Detailed records must be maintained on the use of the grant. A summary list of the eligible students assisted, together with the amount of assistance granted in each case and their category of need under the scheme should be kept for each school year. Receipts signed and dated by the parents/guardians or … Continued
Schools receive funding from various sources, including Department of Education grants, income from school activities, and contributions from parents and fundraising. Depending on the source, income may be collected in different ways, such as cash or online systems for parents. Regardless of how it is received, it is essential to have an effective income management … Continued
Getting started To begin you will need the following: Final accounts for previous years Year to date accounts Expected pupil enrolment numbers Plans /goals for coming year Income Begin with revenue – determine total resources available and identify all revenue sources. Department of Education Grants Other State Income School Generated income Other income to fund … Continued
Handouts BOM Monthly Reports from SAGE 50 Accounts Accuracy Checklist BOM Monthly Reporting from SAGE 50 Spring 2024 – Recent Q&A’s Presentation Slides Webinar Recording Date held: 25/04/2024
