General Ledger Revenue Government Provided DET Grants cont – – Acc Account Account Description GST Business Rules/ Further Information Code Code NS6 70080 Dep’t Grants Funds received by Used for any DET grants, not listed above, that are exclusive of GST. schools from DET For GST code refer to School GST Fact Sheet - Grants at: on eduGate. G01 Used for any DET grants, not listed above, that are GST inclusive. Funds received by the school where GST is applicable; and RCTI will normally be provided (check remittance advice carefully). e.g. Skills Victoria, Youth Employment Scheme (YES) grant. For code to School GST Fact Sheet - at: GST Grants on eduGate. 70090 Capital Grants Grants received for NS6 Grants for specific capital projects and purchases. These funding of capital grants would be used for new assets. For code GST refer to School GST Fact Sheet - Grants at: on eduGate. General Ledger Revenue Commonwealth Government Grants – – Acc Account Account Description GST Business Rules/ Further Information Code Code Outside School Grant received for G01 Revenue received from (with RCTI), sustainability grant. Hrs Care Grant the operation of Not to be used for revenue from parents, refer to 74401 Outside school hours care (OSHC) G03 Revenue received from Centrelink, Child Care Benefit, Child Care Rebate etc. NS6 For GST code to School GST Fact Sheets - Grants and Child Care at: on eduGate. 71020 ECD C’Wealth Grants received NS6 To be used for receipting Commonwealth Government Grants Grant directly from for Early Childhood Development programs including Commonwealth Kindergartens, Pre School Centres, Maternal health etc. Departments for the operation of Early G01 Funds received by the school where GST is applicable; an RCTI Childhood will be provided by the Commonwealth Government (check Development remittance advice carefully). programs For GST code refer to School GST Fact Sheet - Grants at: on eduGate. 71040 Coord school Grants received NS6 To be used by program coordinator schools for receipting C’Wealth Grants directly from revenue from Commonwealth Government grants for activities Commonwealth that are managed by the program coordinator school. Departments for activities managed G01 Funds received by the program coordinator school where GST is applicable; a Recipient Created Tax Invoice (RCTI) will be
General Ledger – Revenue – Government Provided DET Grants cont Acc Code Account Account Description GST Code Business Rules/ Further Information 70080 Dep’t Grants Funds received by schools from DET NS6 Used for any DET grants, not listed above, that are exclusive of GST. For GST code refer to School GST Fact Sheet - Grants at: on eduGate. G01 Used for any DET grants, not listed above, that are GST inclusive. Funds received by the school where GST is applicable; and RCTI will normally be provided (check remittance advice carefully). e.g. Skills Victoria, Youth Employment Scheme (YES) grant. For GST code to School GST Fact Sheet - Grants at: on eduGate. 70090 Capital Grants Grants received for funding of capital NS6 Grants for specific capital projects and purchases. These grants would be used for new assets. For GST code refer to School GST Fact Sheet - Grants at: on eduGate. General Ledger – Revenue – Commonwealth Government Grants Acc Code Account Account Description GST Code Business Rules/ Further Information Outside School Hrs Care Grant Grant received for the operation of Outside school hours care (OSHC) G01 Revenue received from (with RCTI), sustainability grant. Not to be used for revenue from parents, refer to 74401 G03 NS6 Revenue received from Centrelink, Child Care Benefit, Child Care Rebate etc. For GST code to School GST Fact Sheets - Grants and Child Care at: on eduGate. 71020 ECD C’Wealth Grant Grants received directly from Commonwealth Departments for the operation of Early Childhood Development programs NS6 To be used for receipting Commonwealth Government Grants for Early Childhood Development programs including Kindergartens, Pre School Centres, Maternal health etc. G01 Funds received by the school where GST is applicable; an RCTI will be provided by the Commonwealth Government (check remittance advice carefully). For GST code refer to School GST Fact Sheet - Grants at: on eduGate. 71040 Coord school C’Wealth Grants Grants received directly from Commonwealth Departments for activities managed NS6 To be used by program coordinator schools for receipting revenue from Commonwealth Government grants for activities that are managed by the program coordinator school. G01 Funds received by the program coordinator school where GST is applicable; a Recipient Created Tax Invoice (RCTI) will be
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