38004 Provision Estimate of N/A Used to acknowledge a future provision of expenditure LSL/Annual LSL/annual for annual/LSL leave of locally paid staff (where relating to locally appropriate under award conditions etc). paid staff GST on Value of total GST on N/A System Use Only sales Automated calculation of all GST sales-related amounts for the current BAS period. 38006 Proceeds Asset Clearing Account N/A Clearing account used during asset disposal process for Sales - Clearing used for proceeds the recording of any proceeds from the sale of the from sale of asset asset. Refer Section 4: Assets CASES21 Finance Business Process Guide General Ledger Non Current Liabilities – Acc Account Title Account Description GST Business Rules/ Further Information Code Code 40001 Cooperative Loan Loans raised through N/A Represents current outstanding loan balance. a Cooperative Refer to Cooperative Loan Bank Statement records and Society for school Section 5: General Ledger CASES21 Finance Business projects Process Guide. General Ledger Accumulated Equity – Acc Account Account Description GST Business Rules/ Further Information Code Code 50001 Accumulated Represents opening N/A System use only Funds balance information Information on school’s current accumulated equity (assets less liabilities including operating surplus/deficit results since upon implementation. implementation) and result of Available from CASES21 Finance operations (net Balance Sheet Specific Period Report (GL21161) surplus/deficit) to date 50003 Revaluation N/A System use only Not to be used by schools.
38004 Provision LSL/Annual Estimate of LSL/annual relating to locally paid staff N/A Used to acknowledge a future provision of expenditure for annual/LSL leave of locally paid staff (where appropriate under award conditions etc). GST on Value of total GST on sales N/A System Use Only Automated calculation of all GST sales-related amounts for the current BAS period. 38006 Proceeds Asset Sales - Clearing Clearing Account used for proceeds from sale of asset N/A Clearing account used during asset disposal process for the recording of any proceeds from the sale of the asset. Refer Section 4: Assets CASES21 Finance Business Process Guide General Ledger – Non Current Liabilities Acc Code Account Title Account Description GST Code Business Rules/ Further Information 40001 Cooperative Loan Loans raised through a Cooperative Society for school projects N/A Represents current outstanding loan balance. Refer to Cooperative Loan Bank Statement records and Section 5: General Ledger CASES21 Finance Business Process Guide. General Ledger – Accumulated Equity Acc Code Account Account Description GST Code Business Rules/ Further Information 50001 Accumulated Funds Represents opening balance information (assets less liabilities upon implementation) and result of operations (net surplus/deficit) to date N/A System use only Information on school’s current accumulated equity including operating surplus/deficit results since implementation. Available from CASES21 Finance Balance Sheet Specific Period Report (GL21161) 50003 Revaluation N/A System use only Not to be used by schools.
C21%20CoA%20v7_4_1.docx