Not to be used for Donations from business, groups or indiviauls. Refer to 74102 Donations. 74420 ECD Local funds Revenue received G03 To be used for receipting locally raised funds for Early for Early Childhood Childhood Development programs including Development Kindergartens, Pre School Centres, Maternal health etc programs from For GST code refer tax fact sheet locally raised funds Includes other revenue received for early childhood development activities including: reimbursements funds recouped from teachers or – parents e.g. cost of police checks, WWC checks, photocopying, telephone, postage, any expense that is reimbursable by staff, or other agencies. Also suitable for staff funded functions reimbursement, CRT reimbursement relating to Professional Development. (G01) For GST code tax fact sheet sale furniture/equipment/motor vehicles, (G01, but if GST market value rules apply - G03 For GST code refer to School GST Fact Sheet Secondhand – goods at: on eduGate. 74450 Coord school local Revenue received by G01 To be used by program coordinator schools where funds program coordinator are received directly from the original source of locally funds schools from other raised funds. For example sources for the for program coordinator operation of school activities programs, including locally raised funds. Not to be used for transfers between schools to 73541. For GST code refer to School GST Fact Sheet Commissions - – Sponsorship and Program Coordinator Schools at: on eduGate. General ledger Revenue Locally Raised Funds cont – – Acc Account Title Account Description GST Business Rules/ Further Information Code Code 74580 Other Locally Funds raised G01 To be used for receipting funds raised from local through local activities including: Raised Funds activities that are advertising by local businesses via newsletters not specified by and bill boards another code. sponsorships fees paid by overseas students (including VCAA fees) bursaries For GST code refer to School GST Fact Sheet Commissions – - Sponsorship at: on eduGate. NS6 To be used for receipting funds raised from local activities including: monetary prizes received by the school
Not to be used for Donations from business, groups or indiviauls. Refer to 74102 Donations. 74420 ECD Local funds Revenue received for Early Childhood Development programs from locally raised funds G03 To be used for receipting locally raised funds for Early Childhood Development programs including Kindergartens, Pre School Centres, Maternal health etc For GST code refer tax fact sheet Includes other revenue received for early childhood development activities including: reimbursements – funds recouped from teachers or parents e.g. cost of police checks, WWC checks, photocopying, telephone, postage, any expense that is reimbursable by staff, or other agencies. Also suitable for staff funded functions reimbursement, CRT reimbursement relating to Professional Development. (G01) For GST code tax fact sheet sale furniture/equipment/motor vehicles, (G01, but if GST market value rules apply - G03 For GST code refer to School GST Fact Sheet – Secondhand goods at: on eduGate. 74450 Coord school local funds Revenue received by program coordinator schools from other sources for the operation of programs, including locally raised funds. G01 To be used by program coordinator schools where funds are received directly from the original source of locally raised funds. For example for program coordinator school activities Not to be used for transfers between schools to 73541. For GST code refer to School GST Fact Sheet – Commissions - Sponsorship and Program Coordinator Schools at: on eduGate. General ledger – Revenue – Locally Raised Funds cont Acc Code Account Title Account Description GST Code Business Rules/ Further Information 74580 Other Locally Raised Funds Funds raised through local activities that are not specified by another code. G01 To be used for receipting funds raised from local activities including: advertising by local businesses via newsletters and bill boards sponsorships fees paid by overseas students (including VCAA fees) bursaries For GST code refer to School GST Fact Sheet – Commissions - Sponsorship at: on eduGate. NS6 To be used for receipting funds raised from local activities including: monetary prizes received by the school
C21%20CoA%20v7_4_1.docx