Operating a Plan B contract – what schools need to know

Course Tutors
Deborah Williamson
Admin Contact
Target Audience
Administrative Staff / Bursars/Finance Staff / Business/Office Managers / Headteachers
target audience
Course Types
Course categories
Academies and Schools (including EYFS)
Financial Services
Event Description
This course will focus on the key responsibilities required in operating a Plan B contract. This will include key requirements to ensure readiness for the Financial Services monitoring/forecasting visits. 


Bank reconciliation, System Reconciliation, VAT checks, Payroll Monitoring.

The course is aimed as a refresher for existing Plan B schools and for those thinking of moving from a Plan A contract to a Plan B. The course will provide clarity of what the additional requirements of the school will be.

It is strongly recommended that any schools wishing to move to a Plan B contract attend the RM Finance Online new users course.

Training objectives

  • to understand the requirements from schools on or moving to a Plan B contract

  • to understand the purpose of payroll monitoring

  • to understand the purpose of the bank reconciliation

  • to understand the purpose of the comprehensive system reconciliation

Learning outcomes

  • to understand and complete the schools requirements when operating a Plan B contract

  • to perform the bank reconciliation in RM Finance Online

  • to complete the monthly comprehensive system reconciliation including VAT

  • to complete the payroll monitor

  • be able to investigate common queries

  • be able to use the key useful reports

Additional Information
The cost of this training is £69 (excluding VAT) per delegate.
Closing Date
Tuesday 18 January 2022
Session Session date Session time Session venue
1 19 January 2022 09:30 - 12:30 Webinar
Maximum Places
Maximum places per establishment
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