Financial Administration Service

The Financial Administration Service (FAS) can support individuals  to complete their  financial monitoring accounts which are required by the Local Authority Finance monitoring team.
 
The DPSS team have many years of financial experience and can offer a fast, accurate and reliable service which will take pressure off individuals.
 
 There are two ways of providing the service both at the same cost:
 
1.Service Users hold the funding in their own separate account. The service will complete accounts from monthly bank statements, cheque books (which we will return to you once we have the details), remittance advices for your direct payment / Personal Budget and any payments or receipts which relate to your direct payment. These items would be brought in by you each month.
 
2. SIL can operate a Bank account on your behalf and pay several support providers. We will submit the monitoring accounts to the appointed finance monitoring officer (FMO) within the local authority. This offers a safeguarding opportunity for those not wishing to hold the DP funds.

Financial Administration Service Benefits

• Initial consultation by phone or face to face

• Confidential

• Flexible and adaptable approach

• No worries about confusing form filling

• Completion and reconciliation of income and expenditure forms

• Competitive rates

• Our costs reflect variable support for differing needs

  If you were using the funds weekly and needed reimbursing for funds (such areas as entrance fees etc) this can be tailored to the your individual circumstances. Expense claim sheets can be provided.

The benefits of using the Financial Administration Service is the high level of support offered to individuals to develop their knowledge and confidence in the use of their Direct Payment.

Service users are given legal and appropriate advice in line with the DOH, DP guidance and the Local Authority’s policies and procedures.

By supporting service users we are able to help them liaise with the social workers & financial monitoring officers in the local authority and discuss their concerns or queries. We can support individuals to learn how to manage their own account and move away from using the service with an agreed plan.