Financial Year End
Thank you to all Treasurers who have completed the Finance Pack 2023 Questionnaire. If your Playcentre has not yet completed it, can you please do this as soon as possible. We can’t start work on the Group financial statements until we have a 100% response. If you are stuck, please contact [email protected] and we will be happy to assist.
Playcentre Aotearoa’s new financial system
Playcentre Aotearoa has implemented a new financial system called Business Central. While Playcentres will continue to use Xero, this system is a key enabler of the new operating model, planned for next year. Xero is a great tool for 400 Playcentres managing independently but was not capable of managing consolidated finances for an organisation of our size and complexity. In the longer term this system will help us lift the burden of compliance from Playcentre volunteers. In the short term we are working hard to ensure payments to Playcentres and vendors are not delayed. You may notice some differences in how Playcentre Aotearoa invoices look.
Incorporated Societies
If your Playcentre is an Incorporated Society, new regulations come into force in October. Please check these out here.