Budget Setting & Forecasting
Elevate Your Academy Trust with Our Budget Setting and Forecasting Utility
Gain complete control over management accounting and budget monitoring with our cutting-edge utility. Designed to cater to diverse backgrounds, whether financial or non-financial, it offers a user-friendly interface for clear and concise reporting. Our solution covers the needs of the Senior Leadership Team, Board of Trustees, and meets the stringent statutory requirements outlined by the Education and Skills Funding Agency (ESFA) for financial governance. Take charge of your academy trust's financial management effortlessly with our powerful tool.
What you can expect from this service:
Budget Setting & Forecasting Utility - easy to use monitoring tool with full staff training provided
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Financial Training - support provided to senior staff on the financial obligations of the Trust. Guidance on regular requirements like month end processing and submissions to DfE/ESFA
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Monthly Management Accounts - we are able to support in providing a managed service to produce monthly management accounts and board reporting
Forecasting - cash flow forecasting and long term financial forecasting
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Auditing Assistance - helping you prepare and provide support through the audit process at year end
Risk Management - helping you identify and manage financial risks in budgeting
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Compliance - ensuring your Trust is accurately implementing the framework provided in the Academy Trust Handbook
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VAT Returns - support in submission of VAT returns
Ready to Transform Your Educational Approach?
Reach out to Totus Solutions today and take the first step towards achieving educational excellence with a partner that truly understands your needs.
020 4546 8310
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