Chart of Accounts Codes Account/Transaction Description Tuition Boarding State Government Interest subsidies 0675 0675 Commonwealth Government Recurrent Grants Important Catholic Systemic schools should seek advice from their System Office prior to completing – these items. Note: If your accounts were prepared and audited on an accrual basis you must report using the accrual method in the FQ - you must not report on a cash basis. EXCEPTION - reporting of Australian Government recurrent grants. Australian Government recurrent grants should be counted in the FQ in the year the grants are received by the school. This treatment is for FQ reporting purposes only. All grants should be handled in line with the current accounting standards when preparing the audited financial statements. Item RI.100 Commonwealth Government General Recurrent Grants Programme – Note: This item will be used to calculate your My School finance report All recurrent funding received by the schools approved authority under the Australian Education Act 2013 will be entered here. Including: General Recurrent Schooling Resource Standard (Base SRS funding amount) – General Recurrent Student with disability loading – General Recurrent Aboriginal and Torres Strait Islander loading – General Recurrent Low-socioeconomic status student loading – General Recurrent Low English proficiency loading – General Recurrent Location loading – General Recurrent Size loading – General Recurrent Other funding for schools includes special circumstances and funding in – – prescribed circumstances Note: Every school should show an amount entered against RI.100. System (and Catholic Dioceses in NSW and QLD) Offices should only report in the office FQ, the portion of grants retained in accordance with the exclusions set out in the FDWG Financial Data Reporting Methodology (refer to page 10 for more details). Chart of Accounts Codes Account/Transaction Description Tuition Boarding Schooling Resource Standard (SRS) plus loadings 0600 to 0609 N/A Item RI.110. Indigenous Education Grants (excluding grants paid under the Australian Education – Act 2013) Note: This item will be used to calculate your My School finance report. Indigenous recurrent funds received from other Commonwealth Departments should be entered here.
Chart of Accounts Codes Account/Transaction Description Tuition Boarding State Government Interest subsidies 0675 0675 Commonwealth Government Recurrent Grants Important – Catholic Systemic schools should seek advice from their System Office prior to completing these items. Note: If your accounts were prepared and audited on an accrual basis you must report using the accrual method in the FQ - you must not report on a cash basis. EXCEPTION - reporting of Australian Government recurrent grants. Australian Government recurrent grants should be counted in the FQ in the year the grants are received by the school. This treatment is for FQ reporting purposes only. All grants should be handled in line with the current accounting standards when preparing the audited financial statements. Item RI.100 – Commonwealth Government General Recurrent Grants Programme Note: This item will be used to calculate your My School finance report All recurrent funding received by the schools approved authority under the Australian Education Act 2013 will be entered here. Including: General Recurrent – Schooling Resource Standard (Base SRS funding amount) General Recurrent – Student with disability loading General Recurrent – Aboriginal and Torres Strait Islander loading General Recurrent – Low-socioeconomic status student loading General Recurrent – Low English proficiency loading General Recurrent – Location loading General Recurrent – Size loading General Recurrent – Other funding for schools – includes special circumstances and funding in prescribed circumstances Note: Every school should show an amount entered against RI.100. System (and Catholic Dioceses in NSW and QLD) Offices should only report in the office FQ, the portion of grants retained in accordance with the exclusions set out in the FDWG Financial Data Reporting Methodology (refer to page 10 for more details). Chart of Accounts Codes Account/Transaction Description Tuition Boarding Schooling Resource Standard (SRS) plus loadings 0600 to 0609 N/A Item RI.110. – Indigenous Education Grants (excluding grants paid under the Australian Education Act 2013) Note: This item will be used to calculate your My School finance report. Indigenous recurrent funds received from other Commonwealth Departments should be entered here.
2016_2015_data_fq_instructions.docx