With budgeting season underway, now is the perfect time to set your school up for financial success. A well-crafted budget not only keeps your finances on track but also supports your school’s strategic goals and daily operations. Here are some practical tips to help you navigate the budgeting process effectively: 1. Start Early and Plan Ahead Give yourself enough time to gather information from all departments and review last year’s financial results. Early planning allows for thoughtful discussions and smoother approvals. 2. Use Actual Spending as Your Baseline Last year’s actual expenses are your best guide. Compare forecasts to real numbers to avoid surprises and create realistic budgets. 3. Account for Staffing and Wage Changes Remember to include any salary increases, additional staff, or changes to relief teacher costs - these often have a big impact on your budget. 4. Build in a Contingency Fund Unexpected costs can arise at any time. Setting aside around 1–2% of your total budget for contingencies provides a financial cushion. 5. Involve Your Team Engage department heads and key staff in budgeting discussions. Their insights can improve accuracy and encourage shared ownership of financial goals. 6. Monitor and Adjust Regularly Budgeting isn’t a “set and forget” task. Review your budget monthly or quarterly and make adjustments as needed to stay on track throughout the year. Turn Plans Into Action: Your Budget Timeline Once you've laid the groundwork with early planning, realistic forecasting, and team collaboration, it’s time to put your budget process into motion. A clear timeline helps ensure nothing falls through the cracks and keeps everyone aligned across key stages. Here’s a suggested budget timeline to guide your school through a smooth and efficient budgeting process: Budget Timeline 

As you may be aware, Xero has been working hard on a refreshed navigation and homepage (formerly known as the dashboard) to deliver a faster, cleaner, and more intuitive experience. The first stage - featuring the brand-new navigation - is set to launch sometime this month (September)! Here are the main updates you’ll spot in the new layout: Dedicated Sales and Purchases sections - no more digging around, everything you need is right where you’d expect it. Reports made simple - key insights are now just one click away, helping you stay on top of your numbers faster. Streamlined settings - settings are now visible across all menus, plus there’s a centralised page to keep everything organised. Smarter right-hand panel - this new hub gives you instant access to JAX (Xero’s new AI business companion), search, help, notifications, and apps - wherever you are in Xero. This revamped system helps you find what you’re looking for faster, move smoothly between tasks, and get even more value from your Xero subscription. The refreshed homepage (previously the dashboard) will launch later this year, bringing customisable widgets to give you quicker, more personalised business insights. We’ll keep you updated on when these changes go live. As Xero Platinum Partners, we’re already up to speed with the new navigation and ready to help you make the most of it. Whether you want a quick run-through, some training for your team, or simply reassurance that everything is where it should be - we’ve got you covered. If you need a hand, give us a call on 04 909 7729 or 0800 ASK AFS (0800 275 237).