Finance and Accounting for Independent Schools
Our team includes accountants with experience in roles in independent schools, such as financial controller, finance business partner and bursar. We’re adept in professional, accurate financial operations.
Fee billing and VAT returns
Providing support and peace of mind for independent schools in light of the upcoming VAT charges. We'll assist with the operational impact, ensuring fees are billed correctly to parents and assisting with VAT returns. We can liaise with collections agencies as required. It's also important to ensure that your accounting system is setup correctly for VAT reporting and returns.
Finance operations support
We can support your senior leaders or internal finance team with:
- Budgeting, forecasting and financial monitoring
- Management accounts and budget holder reporting
- Purchase ledgers and sales ledgers
- External audit assistance and charity accounting
Absence & vacancy cover
It's challenging for independent schools to source accounting expertise specific to their financial model, especially this summer. SBS is the leading provider of interim support and is able to assist with your day-to-day financial processing whilst you recruit.
Budgeting software
Independent schools use SBS Financial Planner for:
- Unlimited financial feasibility scenarios
- Multi-year revenue projections
- 'To-the-penny' salary forecasting
- Flexible reporting
Why not meet with one of our expert team to discuss in more detail how
School Business Services can help with your Independent school’s finances.
Get in touch today on 0345 222 1551, or:
Request more information