Financial systems and support: Banking services
The Finance and Commercialisation team offers this SLA as part of its overall management of the council’s bank accounts. With this SLA you will get the following services:
- Accounting for income
- Reconciliation of corporate bank accounts (including two dedicated payroll bank accounts for schools)
- Management of bank contract
- Cash collection service (charged)
Schools can opt out of finance systems but will need to fulfil stringent criteria.