This information is required in the consolidation of the Hertfordshire County Council accounts Guidance Who is the end supplier? – Accrue Everything on the March Year End Central HCCDD Billing (BISCUIT) Do Not Accrue any VAT Re-imbursements County Supplies/Hertfordshire Business Services HCCHBS (now Herts FullStop) Pre Payments to Cuffley Camp and Hudnall Park for E1920X Use Hertfordshire County Council Pre Payments to Snowdonia Centre (the Old Coach House) E1920X Use Hertfordshire County Council Overtime and casual to be paid to staff OTHER You actually owe the employee Energy Bills OTHER You actually owe the gas or electric company Accruals from the Mouchel (now Kier) statement OTHER You actually owe Mouchel (now Kier) Grounds and Contract Cleaning OTHER You actually owe the maintenance companies Income from Parents for Herts for Learning Ltd OTHER Hertfordshire Catering Ltd OTHER The Accruals form must be used and is available on the grid, at the address Accruals should be as accurate as possible. For example; If there are four quarterly charges posted to the Water budget, you should investigate to see if some of the charges are in advance (which would become a prepayment) and some of the charges are in arrears (which would become a creditor). Further information is provided in the Year-End Guidance Notes from the School Finance Team. Creditors Creditors relate to goods or services for which money is owed to a supplier. This will relate to goods or services received during the financial year but which have not yet paid for, whether or not an invoice has been received. Outstanding purchase orders where goods have been received be must entered as creditors. A creditor must be entered for the Hertfordshire Catering FSM charge for March Debtors Debtors relate to income that was due to the school before 31st 2017 for goods and services but remains outstanding at the year end. A debtor should be raised for guaranteed outstanding income where a trip or swimming took place, for instance, before 31st March 2017.
This information is required in the consolidation of the Hertfordshire County Council accounts Guidance – Who is the end supplier? Accrue Everything on the March Year End Central Billing (BISCUIT) Do Not Accrue any VAT Re-imbursements HCCDD County Supplies/Hertfordshire Business Services (now Herts FullStop) HCCHBS Pre Payments to Cuffley Camp and Hudnall Park for Use Hertfordshire County Council E1920X Pre Payments to Snowdonia Centre (the Old Coach House) Use Hertfordshire County Council E1920X Overtime and casual to be paid to staff You actually owe the employee OTHER Energy Bills You actually owe the gas or electric company OTHER Accruals from the Mouchel (now Kier) statement You actually owe Mouchel (now Kier) OTHER Grounds and Contract Cleaning You actually owe the maintenance companies OTHER Income from Parents for Herts for Learning Ltd OTHER Hertfordshire Catering Ltd OTHER The Accruals form must be used and is available on the grid, at the address Accruals should be as accurate as possible. For example; If there are four quarterly charges posted to the Water budget, you should investigate to see if some of the charges are in advance (which would become a prepayment) and some of the charges are in arrears (which would become a creditor). Further information is provided in the Year-End Guidance Notes from the School Finance Team. Creditors Creditors relate to goods or services for which money is owed to a supplier. This will relate to goods or services received during the financial year but which have not yet paid for, whether or not an invoice has been received. Outstanding purchase orders where goods have been received must be entered as creditors. A creditor must be entered for the Hertfordshire Catering FSM charge for March Debtors Debtors relate to income that was due to the school before 31st 2017 for goods and services but remains outstanding at the year end. A debtor should be raised for guaranteed outstanding income where a trip or swimming took place, for instance, before 31st March 2017.
bull_238_yend_and_period1_17_v3.docx