This area of the Peterborough Education Network has been set up to provide schools with statutory financial information and financial information the school will find useful in its day to day business.
You should use the menu on the left hand side of the screen to navigate to the relevant area.
If there is other content, not currently listed, that you would find useful to be published here please email your suggestions to school.returns@peterborough.gov.uk
INFORMATION/UPDATES
Update on Parent Pay
It is possible to download/print a copy of an invoice for Parent Pay charges each fortnight. The invoice can be accessed through the following route:
Finance > Reports > Invoice Reports > Collection Service Invoices > Select invoice for relevant date > Print
The invoice has an allocated Invoice Number and the VAT Reg number is at the bottom. Step one can now be completed using the downloaded invoice.
- Create a Purchase Invoice, Payment Terms Direct Debit (DD) for the fees charged by Parent Pay
- Create a NL transaction using the same date to post the GROSS income ('Paid less refunds' column total) - DEBIT the bank (91401) CREDIT relevant income account codes taking into account any VAT that may be liable e.g. adult meals. Include the system DD invoice number (219...) in the Text and reference boxes for ease of correlation when reconciling and to give a clear audit trail.
Reconcile both transactions together to achieve the actual NET balance as shown on the bank statement.
