FMS User-Defined Reports

Course overview

This half day course covers the procedures of building user defined reports to monitor income and expenditure for the required budget headings and explores the procedures for building reports.

Benefits of attending

Learn how to build and explore the procedures for building user defined reports. 

What you will learn

• how to create your own user defined reports
• how to maintain existing reports
• exporting outputs to another software package
• export reports to another FMS system
• import reports into another FMS system.

Who is it for?

Staff responsible for maintaining financial information and who have a working knowledge of FMS.

Course dates to be allocated according to demand. If you are interested in this course, please complete the form here

FMS User - Academy

Course overview

Explore all aspects of day-to-day processing of finance procedures relevant to academies, including an overview of asset management on this one day course

Benefits of attending

Managing your finances is key to the smooth running of any academy. Gain a full overview of day-to-day finance procedures. 

What you will learn

• allocating income budgets
• paying in the monthly advance for two of the grants
• understanding how the Fund or Retained Earnings switch affect carry forwards and balance sheets
• setting up and processing VAT claims for registered and unregistered academies
• an overview of how BACS returns are set up and processed
• an introduction to the Asset Management software
• cash flow forecast report
• new reports

Useful information is provided in the appendices section including an optional revision appendix.

Who is it for?

Business managers, finance directors and officers, bursars, and staff who are involved in the production of reports for the ESFA and External Accountants.
Please note that this course is aimed at schools that are going to become academies or are academies. If you have been an academy for some time, some of the course content will be of a revisionary nature.

Course dates to be allocated according to demand. If you are interested in this course, please complete the form here

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FMS Top Tips and Techniques

Course overview

This half day course investigates how delegates currently use FMS, offers advice on how you can maximise efficiency with time saving tips in managing your school’s finances and also introduces new functionality.

Benefits of attending

To share best practice and maximise the efficiency of your use of FMS. 

What you will learn

Utilising functionality in the following FMS areas for maximum efficiency:
• accounts payable
• general ledger
• non-invoiced income
• personnel links to SIMS
• reports
• the new year/year end process.

Who is it for?

Staff responsible for maintaining financial information and who may have attended the FMS User course including the Bursar, Business Manager and School Administrator.

Course dates to be allocated according to demand. If you are interested in this course, please complete the form here

FMS Financial Management

Course overview

FMS is a finance package that runs separately to SIMS but which can be linked to gain information from SIMS.
FMS is capable of recording all order and invoice information for suppliers, recording budgets and commitments along with cash book transactions, petty cash and general journals. It also produces cheque runs and bank reconciliations along with all the period end/year end procedures. It can also store and calculate salary information as well as produce sales invoices and record equipment although the last two are not covered in detail in this course.
Explore the management side of FMS. You will learn how FMS is set up and how to amend the chart of accounts structure. Management based reports and month end processes will be covered.

Benefits of attending

This one day course covers the management side of FMS. It will look at how FMS is set up and how to amend the chart of accounts structure. Management based reports will be covered as will month end processes. 

What you will learn

• Understand the chart of accounts structure
• How to enter budgets
• How to deal with bank / central processes
• How to process journals and payroll entries
• How to deal with reconciliation processes
• How to produce management reports.

Who is it for?

This course is for schools with FMS and intended for staff with financial responsibility.

Also Consider: FMS Budget Management
FMS Accounts Receivable
FMS End of Year

Course dates to be allocated according to demand. If you are interested in this course, please complete the form here

FMS End of Year with CFR

Course overview

This one day course covers the end of year procedures required within FMS, with reference to the CFR where appropriate.

Benefits of attending

To achieve a smooth closure of the accounts at the end of the school year. 

What you will learn

• Review outstanding transactions
• Create the new financial year
• Update general ledger structures
• Prepare creditors and debtors
• Reconcile figures
• Perform preliminary and final closures
• Transfer/Check balances
• Produce year end reports
• Produce the CFR if appropriate.

Who is it for?

This course is aimed at existing FMS users involved with the financial year end.

Course dates to be allocated according to demand. If you are interested in this course, please complete the form here

FMS End of Year - Academy

Course overview

This one day course covers the end of year procedures in FMS specifically for academies to enable the smooth closure of the accounts prior to year end.

Benefits of attending

To achieve the smooth closure of accounts at year end. 

What you will learn

• creating the new financial year
• preparing the academy's accounts for preliminary closure
• identifying closing and opening balances for the academy from FMS
• dealing with year-end adjustments and carry forward figures
• producing year end reports
• finalising the academy accounts.

Who is it for?

Staff who are responsible for financial procedures and who have some knowledge of FMS procedures.

Course dates to be allocated according to demand. If you are interested in this course, please complete the form here

FMS Daily Tasks

Course overview

FMS is a finance package that runs separately to SIMS but may be linked to gain information from SIMS.
FMS is capable of recording all order and invoice information for suppliers, recording budgets and commitments along with cash book transactions, petty cash and general journals. It also produces cheque runs and bank reconciliations along with all the period end/year end procedures.

Benefits of attending

This one day course will cover the day to day aspects of FMS, including orders, invoices, payments, recording income and dealing with petty cash. Local bank/central processes will be covered as appropriate. 

What you will learn

• How to raise orders
• How to record invoices
• How to process payments
• How to record Income
• How to deal with petty cash.

Who is it for?

This course is for schools with FMS and intended for staff with financial responsibility.

Also consider: FMS Financial Management
Personnel User
Personnel and Links to FMS

Course dates to be allocated according to demand. If you are interested in this course, please complete the form here

FMS Budget Management

Course overview

This half day course explores the budget management functionality present within FMS and explains how to use this functionality to actively manage the school budget.

Benefits of attending

To learn how to make best use of the budget management functionality in FMS. 

What you will learn

• modifying the chart of accounts
• budget allocation to cost centres/ledger codes
• personnel links and salary projections
• general ledger reports for budget monitoring.

Who is it for?

Managers and administration staff who have a good working knowledge of FMS.

Also consider: FMS End of Year

Course dates to be allocated according to demand. If you are interested in this course, please complete the form here

FMS Accounts Receivable

Course overview

This half day course explains how Accounts Receivable can be quickly and efficiently used to record income from lettings.

Benefits of attending

To learn how to record income efficiently from lettings within Accounts Receivable. 

What you will learn

• how to define debtors and products
• how to create invoices and credit notes
• recording receipts and process paying in slips
• producing standard reports available for accounts receivable.

Who is it for?

Bursar, Business Manager and Administrative Staff who use FMS and wish to invoice for lettings. This course is suitable for schools managing their own Bank Accounts.

Course dates to be allocated according to demand. If you are interested in this course, please complete the form here