In Derbyshire, some schools have opted to become an academy whilst others operate their own bank account.
Making payments to and raising charges against these schools requires different processes to be followed.
The current list of academies and bank account schools along with guides to explain how payments to and from these schools should be dealt with are available in EDRM.
View all academies and bank account schools forms and guidance notes in EDRM.
Schools are converting to academy status on a monthly basis and this information ensures charges or funding to schools is carried out smoothly to prevent:
- journal transfers that have to be deleted and replaced with a vendor payment or customer invoice
- duplicate vendor or customer references set up
- incorrect details used to set up the new academies, for example, the address which may be direct to the school or care of the multi-academy trust
- if the academy uses purchase order numbers
- it also helps colleagues identify which payment method to charge or fund a school