Scholarship funding received by schools

Department of Education

26 March 2019

All Scholarship funds received by schools are to be receipted to GL 420024 - Internal Public Money as outlined in the quick reference guide - How to manage scholarships in schools (PDF 1.9MB).

To link the funds to this general ledger in a Sales Order please use one of the following Material codes (depending on the GST requirement):

  • 20072 - Internal Public Money - S1 taxable GST Code
  • 20076 - Internal Public Money - S5 out of scope GST Code

Scholarship funds are to be managed using a state wide or local internal order in Fund 6300 School and Community Funds.

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