Target Audience
- Administrative Staff in Divisions/Schools/Units
and Research Centres
- Other Interested Parties
Duration
Prerequisites
Essential
§
None
Recommended
§
None.
Course Goals
- To enable staff to competently code documentation
such as Journals, Accounts Payable and Accounts Receivable. They should
also be critical as to what they are coding and who should authorise it.
This will include awareness of FBT and GST, so that they are aware of
needing more information in some instances.
- Have an understanding of how sub-ledgers work and
why they have been created.
- Detailed understanding of account componentry.
Course Objectives
- A sound understanding of Sub-ledgers:
- What they are and how they operate
- Account componentry of
each sub ledger
- A sound understanding of how and when to use item
codes
- FBT and GST brief overview.
- An overview of ‘VC Authorisations’
Course Content
- Ledger componentry – Understanding the components of ‘cost centre’
codes for each ledger.
- Item
codes –
Revenue and Expense: Understanding the difference between the two;
illustrations and practical examples to overcome problems; and the
potential impact of errors – New Item Codes and Descriptions: When to use
particular item codes and when not to use other item codes – Internal Item
codes: When is it appropriate to use them and what are the paired
accounts. (Including a reference guide.)
- Responsibilities
and Accountabilities – What is considered appropriate expenditure? ;
GST and FBT implications/codes; VC Authorisations.
Software Component
Notes