Start next year's budget in one step, release packs to budget holders with a deadline and review what comes back. Then approve the budget and send it to your accounting system as one file.
Budget creation. Next year's budget part way through review, with each pack's status and the year set against this year's forecast.
Cashflow. Opening, current and closing cash with the lowest point named, and why cash moved in any month.
Most school budgets stop at income and expenditure. Zeffer works out when every pound actually moves, so you see the cash position at each month end, and the month it is lowest, while there is still time to act.
Fees are billed by term date and collected on each fee payment profile, including bad debt.
Salaries, pension and NI leave in the months they are really paid.
Suppliers are paid on each line's own payment terms, invoice by invoice.
VAT is settled with HMRC on your schedule, including payments on account.
Click any figure to see why cash moved: fees, payroll, VAT, capital or loans.
The cashflow, the I&E and the balance sheet come from one set of drivers.
Staff, posts and pay feed in from Zeffer HR. Every job is costed month by month, with employer NI, pension and allowances, and charged to the analysis codes it belongs to.
Staff costs. Each job with its pay point, salary, employer NI, pension and where it is charged, with sick pay and one-off payments flagged.
Recorded sickness, unpaid leave and family leave lower the cost for the days they cover.
An honorarium or an approved claim for extra hours is costed in the month it falls.
A job split across analysis codes is costed on each, month by month, to the penny.
Staff are costed on the pay scales HR has dated for each year.
The forecast and the payroll change list read the same pay calculation, so they cannot disagree.
Plan vacancies and new posts before anyone is appointed, and budget the pay no staff record carries, such as cover, invigilation or a restructure.
