Account/Transaction Description Chart of Accounts Codes Tuition Boarding Bank Overdraft 8015 8015 Bank Loan Recurrent 8055 8055 Bank Loan Capital 8065 8065 Other Loan Recurrent 8075 8075 Other Loan Capital 8085 8085 Bridging Finance 8095 8095 Finance Lease Liability 8155 8155 Trade Creditors 8200 8200 Sundry Creditors 8205 8205 Accrued Expenses 8210 8210 Accrued Wages & Salaries 8360 8360 Accrued Allowances 8370 8370 Accrued Overtime 8380 8380 Accrued Salary – Other 8390 8390 Accrued Long Service Leave 8300 8300 Accrued Annual Leave 8340 8340 Fringe Benefits Tax Payable 8350 8350 Accrued Payroll Tax (if applicable) 8351 8351 PAYG Payable 8352 8352 Withholding Tax Payable 8353 8353 Fees in Advance 8100 8100 Refundable Deposits – Parents 8110 8110 Deposits Held on Behalf of Boarders N/A 8115 Deposits Held on Behalf of Third Party 8116 8116 Non Refundable Enrolment Deposits 8120 8120 Item GF.040 – Total Non-Current Assets The amount to be reported at this item is found in the Statement of Financial Position or the Balance sheet under the heading ‘Total Non-Current Assets’ and represents assets which are not easily converted to cash or not expected to become cash. Account/Transaction Description Chart of Accounts Codes Tuition Boarding Land – closing balance 5030 5030 Buildings – closing balance 5160 5160 Furniture & Equipment – closing balance 5230 5230 Plant & Machinery – closing balance 5330 5330 Motor Vehicles – closing balance 5430 5430 Leased Assets – closing balance 5530 5530 Item GF.050 – Total Non-Current Liabilities The amount to be reported at this item is found in the Statement of Financial Position or the Balance sheet under the heading ‘Total Non-Current Liabilities’ and represents obligations that are not required to be paid or settled within 12 months.
Account/Transaction Description Chart of Accounts Codes Tuition Boarding Bank Overdraft 8015 8015 Bank Loan Recurrent 8055 8055 Bank Loan Capital 8065 8065 Other Loan Recurrent 8075 8075 Other Loan Capital 8085 8085 Bridging Finance 8095 8095 Finance Lease Liability 8155 8155 Trade Creditors 8200 8200 Sundry Creditors 8205 8205 Accrued Expenses 8210 8210 Accrued Wages & Salaries 8360 8360 Accrued Allowances 8370 8370 Accrued Overtime 8380 8380 Accrued Salary – Other 8390 8390 Accrued Long Service Leave 8300 8300 Accrued Annual Leave 8340 8340 Fringe Benefits Tax Payable 8350 8350 Accrued Payroll Tax (if applicable) 8351 8351 PAYG Payable 8352 8352 Withholding Tax Payable 8353 8353 Fees in Advance 8100 8100 Refundable Deposits – Parents 8110 8110 Deposits Held on Behalf of Boarders N/A 8115 Deposits Held on Behalf of Third Party 8116 8116 Non Refundable Enrolment Deposits 8120 8120 Item GF.040 – Total Non-Current Assets The amount to be reported at this item is found in the Statement of Financial Position or the Balance sheet under the heading ‘Total Non-Current Assets’ and represents assets which are not easily converted to cash or not expected to become cash. Account/Transaction Description Chart of Accounts Codes Tuition Boarding Land – closing balance 5030 5030 Buildings – closing balance 5160 5160 Furniture & Equipment – closing balance 5230 5230 Plant & Machinery – closing balance 5330 5330 Motor Vehicles – closing balance 5430 5430 Leased Assets – closing balance 5530 5530 Item GF.050 – Total Non-Current Liabilities The amount to be reported at this item is found in the Statement of Financial Position or the Balance sheet under the heading ‘Total Non-Current Liabilities’ and represents obligations that are not required to be paid or settled within 12 months.