Important Reminder STI/RCTI August 2019

Department of Education

25 September 2019

IMPORTANT REMINDER - August 2019 - Unallocated Schools Direct Debit - Sundry Tax Invoices/Recipient Created Tax Invoice (STI/RCTI) transactions (GL 500030).

Schools will have received a STI/RCTI statement dated 26 August 2019. The department has posted the transaction to GL 500030 on 24 September 2019 (2019/2020 financial year).

Schools are encouraged to process the required journals promptly after this posting to ensure the transactional data is up to date. These statements MUST NOT be processed prior to the direct debit occurring.

PLEASE NOTE: It is recognised that schools may have processed Sundry Tax Invoices issued in 2018 during the 2019 calendar year. In these cases, the clearing account will not report a NIL balance. Do not make any adjustments in this instance. In addition, schools are not required to clear STI/RCTI transactions from prior years.

The following link is provided for information on processing transactions (GL 500030) Process a Sundry Tax Invoice / RCTI Statement Journal QRG

If you require any assistance please log an incident with EDConnect, contact number 1300 32 32 32.

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