The New Academies Chart of Accounts (ACoA) automation technology allows you to submit your trial balance data directly from your financial management software to the Accounts Return form. The aim is to save you time and reduce any errors involved in completing your Accounts Return.
Due to the introduction of the DfE’s ACoA, all schools and academies can now use the same nominal codes and reporting categories, which previously differed depending on Financial Management Software supplier.
Here are some important aspects you need to know:
You can submit your data to the form in three steps:
Step 1: Send data from your application
Step 2: Log in using your IDAMS username
Step 3: Upload to auto-populate the fields in the form
You can complete the above steps as many times as you wish.
Visit this website to see a short tutorial and find the DfE’s quick start guide to automating your academies accounts return.
If you have any queries, you can contact the DfE directly via their online form referencing the Academies Chart of Accounts here.
SAAF Education understands that the New Academies Chart of Accounts is a tool that may require additional support and guidance, and as a leading provider of Financial Support and Consultancy, we can provide knowledgeable and dedicated advice.
We can provide the following support:
We're hosting two free workshops on the Academies Chart of Accounts on 18 May and 24 June which covers the structure of accounts, difference in coding and the benefits of moving across. You can book your place at either of these events by following the link below. Please note that the workshops are for school, academy and MAT staff only, and any bookings made under a non-school email address may be cancelled and requested to re-book.
Head Office: Unit 12, Churchill Park, Colwick, Nottingham, NG4 2HF
0115 975 2400
Hull Office: Danish Buildings, High Street, Hull, HU1 1PS
0148 229 1777
Leeds Office: SAAF Education Office, Avenue HQ, East Parade, Leeds, LS1 2BH
0113 869 3077
London Office: 020 3500 7911