Accounting for Schools
The Chalkboard

April 2023

Keep up-to-date with us and what's happening in the education sector

  • 2022 Annual Accounts & Audit 
  • Ministry Notices
  • Xero Tip of the Month: Faster Login

  • Wellbeing: Stressing About Your Work/Life Balance?
  • AFS Native Seed Growing Competition: WIN a goodie box for the team!
  • Resource: Ministry Bulletin For School Leaders
 

We are pleased to report that the draft financial statements for all schools we assist were delivered to the auditors before the 31 March deadline. 

 

The process from here is: 

  • The auditors are likely to send queries and may request some additional information to be provided. We will endeavour to answer as many of their questions as possible, to keep the disruption for the school to a minimum, but there is likely to be some information that the school will need to provide. Please provide this as soon as you can to keep the audit progressing but if you need any assistance please feel free to contact us.
  • Once the audit has been completed, there may be some adjustments required, which we will action. 
  • The updated financial statements will then be sent to the school for signing, along with the Letter of Representation; likely early to mid-May. 
  • The signed accounts then need to be returned to the auditors so they can attach their audit opinion. 
  • The auditors will then stamp and send the final audited financial statements and the audit opinion to the schools. The audited financial statements, audit opinion and analysis of variance need to be grouped into one document for uploading to the Ministry of Education data portal by 31 May 2023. 

If you have any questions about the annual accounts and audit process, please let us know.

 

MINISTRY NOTICES

Banking Staffing 2022 final balance letters: As part of the end-of-year banking staffing process, your school will receive a letter notifying you of your final balance and whether you have an underuse, overuse or nil balance.
 
For any under and overuse, the Ministry of Education has calculated the reimbursement or recovery amount. These payments/recoveries will be included in your July operational grant payment. You will be able to view your banking staffing letter on the secure data portal from today, 24 April 2023.

 

 

XERO TIP OF THE MONTH: FASTER LOGIN

Do you want a quick and easy way to log in to Xero without having to type in your email address every time?

 

To speed up your log in to Xero, have your username loaded automatically. Copy the below url to your Google Chrome browser and replace the generic email address with your email address used to log in to Xero.

 

https://login.xero.com/?username=john.smith@generica.co.nz

 

Bookmark the edited url as your link to Xero and then hit enter to log in. Your username should then appear in the Xero login field each time you go to this Bookmarked address.

 

 

WELLBEING: STRESSING ABOUT YOUR WORK/LIFE BALANCE?

Trying to get the perfect work/life balance can be a cause of stress in itself. If you are feeling the strain from the demands of work and maintaining your personal life, the good news is that stress and a productive existence can go hand in hand. By being mindful, you can find the balance that’s best for you.

 

How much stress is good for you?

 

The Yerkes-Dodson law shows that an individual's performance increases with stress until cortisol levels get too high and then decreases again just as sharply - the secret is to stop your stress levels sending you down the other side of the bell curve. How much is too much varies for everyone but by understanding and managing your stress levels you can use them for good.

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How to manage your stress:

  • Take Control - Feeling in control can decrease stress from negative levels by presenting the stress causes as surmountable challenges. Get a handle on your project, your tasks or your day by breaking them down into achievable goals and making choices about what to prioritise
  • Get positive - Your perception of your stress is important. Rather than leading to panic and inertia recognise the first quickening of your heart rate calmly as powerful, making you more alert and capable
  • Connect - Social support reduces stress so good relationships within the office team and the wider school environment make everyone more resilient to stress
  • Exercise - A good workout reduces bad stress and is good for the brain as well as the heart and lungs.
  • Sleep - Poor sleep is bad for stress levels and health so be disciplined about getting a good night’s rest. Being exhausted will increase susceptibility to further stress and damage productivity.

If work stress is getting too much, we may be able to help

 

We can provide assistance with managing systems, technology, payroll or other financial matters. Give us a call today on 04-909-7729.

 

AFS NATIVE SEED GROWING COMPETITION: WIN A GOODIE BOX FOR THE TEAM! 

Have you entered our Native Seed Growing Competition yet? During the 2022 NZPF Conference in September, we gave away our new native seed kits to everyone that visited our booth. Now that we are seven months on, we are eager to see the progress you have all made with your seedlings!

 

Whether you are growing a Kowhai, Manuka, or Kaka-beak, we're looking for the school with the biggest, tallest native plant to be crowned our green thumb winner! The winning school will be awarded a delicious morning tea goodie box for the team!

 

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To enter the contest, visit our Facebook page by clicking the image below and comment on the AFS Native Seed Growing Competition post with a photo of your plant and your school's name. Entries will close on Friday, 5 May 2023, at 5 pm. The winner will be announced on Monday, 8 May 2023 via Facebook.

 

If you haven't received an AFS Native Seed Kit yet, don't worry! We will have plenty more available to hand out at the upcoming NZPF conference this year! 

 
 

RESOURCE: MINISTRY BULLETIN FOR SCHOOL LEADERS

Click the button below to view the latest Ministry of Education Bulletin - Issue 28 March 2023.

Ministry of Education Bulletin - Issue: 28 March 2023
 
 
AFS are a Xero Platinum Partner
AFS are sponsors of NZPF
Go to the AFS website

271 Willis Street, Wellington 6011

P: 04-909-7729  l  P: 0800-275-237  l  

E: admin@afsl.nz  l  W: afsl.nz

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