Completing the Interim/Final Capital Return

About this course

The course will explain what makes transactions ‘capital’. We will look at why capital transactions need to be identifiable to the local authority and how to classify capital income and expenditure. The course will also examine best practice at how to reflect capital transactions in the finance system. We will also demonstrate how to complete the SOLERO return looking at the 3 areas of the capital return: capital financing, capital expenditure and lease information.

Learning Outcomes

• delegates will be able to understand if a transaction is of a capital nature
• delegates will be able to classify capital transactions
• delegates will be able to determine how capital expenditure is funded
• delegates will be able to complete and submit the capital return

Additional Information

This course is not suitable for VA (Voluntary Aided) schools.