Academies chart of accounts and automating the accounts return

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Academies guidanceaccounts isreturn – for academytrusts trusts.

using automation

The academies chart of accounts isreturn the(AR) Department2023 forto Education’s2024 (DfE)submission standarddeadline forhas financialnow datapassed.

Trusts that underpinshave not submitted will still be able to access the academies accountsform return anduntil budgetFriday forecast28 return. March 2025 when it will become read only.

The ‘guideAR 2023 to adopting2024 thewill academiesremain chartavailable ofto accounts’trusts explainsin howread toonly usemode.

AR theand academiesfinancial statements login

Introduction to the chart of accounts.

accounts

The ‘academiesacademies chart of accounts’accounts spreadsheets(CoA) provideis the accountDepartment codesfor andEducation’s show(DfE) howstandard theyfor mapfinancial todata DfEthat underpins the academies AR’s financialand returns.budget forecast return (BFR).

Introduction to automation

TheUsing ‘accountthe codesacademies guidance’CoA, showsDfE whathas shoulddeveloped beautomation includedtechnology into help reduce the accountburden codes.

Youof cansubmitting useyour automatedfinancial information. This technology enables you to electronically submit your trial balance data directly from theyour academiesfinancial chartmanagement ofsoftware accounts(FMS) directly to DfE., Wewhere it will then usebe itused to pre-populate:

• pre-populate a large percentage of your accountsAR, return
• draft financial statements
• one thirdand ofBFR.

  If you are thinking about upgrading your financial management system so you can use automation, you should review the budgetinformation forecaston return

Choosing a trust’s financial management system.

Introduction to draft trust financial statements

TheTrusts ‘detailedthat usersend guide’automated anddata ‘quickto automationpopulate guide’the explainAR howcan also use this worksdata andto howproduce an auto-populated draft trust financial statement. The template is also available to doview it.on this page and can be used for manual population.

YouFor canmore useinformation, see the ‘draftQuick trustautomation financialguide statementand template’section to6 populateof the documentDetailed manually.user guide for automating the academies AR and draft financial statements.

Webinars, workshops and Q&A sessions

We hostare now hosting our webinars and dial-in sessions on Eventbrite. You can view plannedthe sessions currently planned and book your space at at DfE academies academies chart of accounts and automation.

Further

Examples enquiries

Academies chart of accountssessions orwe automation

run include: 

For

• introduction queriesto about the academies chartacademies ofCoA accountsand orautomation
• dial-in automation,sessions contactthroughout usthe viayear 
• academies the customerCoA helpmapping portal.workshops 
• automation-focused Putwebinars eitherwhile ‘Academiesthe chartAR ofform accounts’is orlive 
• technical ‘Automation/APIacademies CoA’ atupdates during the topsummer 
• webinars oftailored yourto enquiry,auditors 
• FMS ascomparison appropriate.
  matrix teach-ins

Financial

You managementcan softwareview provider

Forthe DfE power querieshour session on academies CoA that we delivered in September 2023 if you wish to find out more about financialthe managementacademies softwareCoA providers,and contactautomation uswithout viawaiting our supportto service.attend a webinar. This information is still relevant.