FMS - Central Payments and Processes including Auto-reconciliation

Benefits of attending

This course covers the processes a Central school (non local bank account) would undertake to create central authorisations, enter the monthly information received from the local authority for payroll and any central receipts/payments. Any entries could then be reconciled as a manual reconciliation or by processing an automatic reconciliation file. Entering payroll by individual or block payment as a manual process will also be covered.
Part of the new course suite that replaces FMS Daily Tasks and FMS Financial Management.

What you will learn

• Undertaking a central authorisation of an invoice.
• Undertaking manual reconciliation and automatic reconciliation.
• Understanding the MIS settings and personnel links.
• Processing Central payments.
• Processing payroll manually.

Who is it for?

Bursar
Business Manager
Administrative Staff.
A prior knowledge of FMS and an understanding of the school’s current office/financial systems is advised but is not essential. An understanding of how the payroll information is received would be useful.

Learning Pathway: #FMS