A quickstart guide to the academies Budget Forecast Return (BFR) | IRIS

Accountancy
- - Accountancy Overview
    - Accountancy Overview We know that every minute counts in an accountancy practice and client relationships are everything to an accountant. Our software and services are designed to automate every possible aspect of your day to give you more time focussing on your clients. Find some of our most popular software and services below or use the menu to find exactly what you need.
      IRIS Elements Increase productivity with our cloud accountancy platform
      IRIS Accountancy Suite Software to help with even the most complex accounting & tax
      IRIS Hosting Create a cloud-based office so you can work from anywhere
      IRIS Outsourcing Cost-effective and reliable outsourcing of core accounting and payroll processes
      IRIS Affinity Discover our accountancy partner program!
    - Small to medium-sized accountancy practice? IRIS Elements is leading cloud-based accountancy software powering thousands of practices just like yours.
  - Bookkeepers & Small Practices
    - Bookkeepers & Small Practices A smaller practice doesn’t mean a less challenging environment. Find everything from tax and accounts preparation software to software for submissions to Companies House and managing your practice.
      IRIS Elements Increase productivity with our cloud accountancy platform
      Staffology HR & Payroll Visit our Staffology HR & Payroll website
      IRIS Outsourcing Cost-effective and reliable outsourcing of core accounting and payroll processes
      IRIS KashFlow Bookkeeping Makes bookkeeping quick & easy
    - Small to medium-sized accountancy practice? IRIS Elements is leading cloud-based accountancy software powering thousands of practices just like yours.
  - Medium Practices
    - Medium Practices We understand how pivotal our software is in helping some of largest accountancy practices achieve their success. From practice management to document storage and accounting and tax – all the software you need is here.
      IRIS Elements Increase productivity with our cloud accountancy platform
      IRIS Accountancy Suite Software to help with even the most complex accounting & tax
      IRIS Anywhere Combining world-class accountancy software and cloud technology
      Staffology HR & Payroll Visit our Staffology HR & Payroll website
      IRIS Outsourcing Cost-effective and reliable outsourcing of core accounting and payroll processes
    - Small to medium-sized accountancy practice? IRIS Elements is leading cloud-based accountancy software powering thousands of practices just like yours.
  - Large Practices
    - Large Practices We understand how pivotal our software is in helping some of largest accountancy practices achieve their success. From practice management to document storage and accounting and tax – all the software you need is here.
      IRIS Accountancy Suite Software to help with even the most complex accounting & tax
      IRIS Anywhere Combining world-class accountancy software and cloud technology
      IRIS Cascade HRi HR software for organisations with 250-10,000 employees
      IRIS Outsourcing Cost-effective and reliable outsourcing of core accounting and payroll processes
      IRIS Practice Engine Gain greater insights of your accountancy firm’s performance
    - Small to medium-sized accountancy practice? IRIS Elements is leading cloud-based accountancy software powering thousands of practices just like yours.
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    - More products for all Browse our other software and services which help keep accountancy practices on top of their day-to-day tasks. Find cloud software to help you work remotely, iXBRL tagging, booking software and more.
      IRIS Appliance Boost IRIS Accountancy Suite performance for your customers
      IRIS Charity Formats Boost productivity for accounting & reporting in charities
      IRIS GP Accounts Software for GP accounting and bookkeeping
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      IRIS Keytime Accountancy software for accountants in smaller practices
      IRIS Payroll for Accountants Manage multiple client payrolls
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      IRIS Practice Dashboards View your business performance for improved management control
      Lease Accounting Software Comply with the latest standards, IFRS 16 and FASB ASC 842
      Lease Management Services Flexible lease management services, tools and expertise
    - Small to medium-sized accountancy practice? IRIS Elements is leading cloud-based accountancy software powering thousands of practices just like yours.
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    - Accountant in Business As an accountant in business you’ll require a variety of tools to get you through any financial year. Here at IRIS we’ve got everything you need from VAT filing software to tax and accounts production.
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      IRIS Outsourcing Cost-effective and reliable outsourcing of core accounting and payroll processes
    - Small to medium-sized accountancy practice? IRIS Elements is leading cloud-based accountancy software powering thousands of practices just like yours.
  - Financial Management
    - Financial Management Staying on top of your business finances is crucial to its success. From analysis to planning, we have all the financial management software you need to thrive!
      IRIS Financials A leading unified ledger accounting system
      IRIS Financials Charity Edition A leading unified ledger accounting system designed for charities
      IRIS Analytics Business intelligence software to combine and analyse your data
      IRIS Assets Centrally manage and track assets and statutory compliance
      IRIS Invoice Matcher Automated reading, matching, & processing of incoming invoices
      IRIS Outsourcing Outsource your reporting, bookkeeping or other finance processes
    - Small to medium-sized accountancy practice? IRIS Elements is leading cloud-based accountancy software powering thousands of practices just like yours.
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Education
- - IRIS Education Overview
    - IRIS Education Overview Education management solutions that save time, give a clear view and help you work together, so you can give your pupils the education they deserve.
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      Finance and Compliance Save time and money with efficient financial, compliance and estate management software. Use your resources effectively, ensure your processes are compliant and keep your premises safe.
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      School Data Analytics Consolidate data from MIS, HR, Finance, Compliance, Engagement and other systems.
      School Data Analytics Consolidate and overlay data from MIS, HR, Finance, Compliance, Engagement and other systems.
      Data Consolidation and Insights
      IRIS Central
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HR
- - IRIS HR Overview
    - IRIS HR Overview Human Resources teams are the heartbeat of any business big or small. Faced with the pressures of staying up-to-date on fast moving changes in the workforce, HR teams use our software and services to reduce resource-intensive tasks and help them focus on the human side! Find some of our most popular software and services below or use the menu to find exactly what you need.
      IRIS Cascade HRi HR software for organisations with 250-10,000 employees
      Staffology HR & Payroll Visit our Staffology HR & Payroll website
      IRIS Networx Recruitment software to help control and manage your end-to-end recruitment process
      IRIS Networx Services Fully managed recruitment services for all businesses
      IRIS HR Consulting & Services Enjoy worry-free HR and benefit compliance from our team of HR experts
      Looking for HR management in Education? Explore our workforce management solutions for schools and trusts.
    - Mission: Possible Configure your employee lifecycle. Deliver the ultimate hire-to-retire journey for your staff.
  - Small Businesses
    - Small Businesses Smaller businesses can easily get bogged down by HR. Find a range of HR software for small businesses that can automate tasks for you and help you avoid wasting valuable resources.
      Staffology HR & Payroll Visit our Staffology HR & Payroll website
      IRIS Networx Recruitment software to help control and manage your end-to-end recruitment process
      IRIS Networx Services Fully managed recruitment services for all businesses
      IRIS HR Professional Cloud HR software developed to simplify HR for SMEs
    - Mission: Possible Configure your employee lifecycle. Deliver the ultimate hire-to-retire journey for your staff.
      Discover Mission Possible today
  - Large Businesses
    - Medium & Large Businesses Don’t let a larger workforce bring your Human Resources team to a standstill. Our HR software can help your HR team thrive no matter how big your business grows.
      IRIS Cascade HRi HR software for organisations with 250-10,000 employees
      Staffology HR & Payroll Visit our Staffology HR & Payroll website
      IRIS Networx Recruitment software to help control and manage your end-to-end recruitment process
    - Mission: Possible Configure your employee lifecycle. Deliver the ultimate hire-to-retire journey for your staff.
      Discover Mission Possible today
  - Services
    - Services Some compliance and HR tasks are better left to somebody else. Browse our range of HR services to help ease pressures, save time and help offer expert guidance.
      IRIS Networx Services Fully managed recruitment services for all businesses
      IRIS HR Consulting & Services Enjoy worry-free HR and benefit compliance from our team of HR experts
    - Mission: Possible Configure your employee lifecycle. Deliver the ultimate hire-to-retire journey for your staff.
      Discover Mission Possible today
  - Recruitment
    - Recruitment Solutions Find a range of recruitment software and services to help you find and attract the best people for your organisation.
      Recruitment Software
      Recruitment Services
    - Mission: Possible Configure your employee lifecycle. Deliver the ultimate hire-to-retire journey for your staff.
      Discover Mission Possible today
- - All HR Products
- - HR Software
- - Helpful Links
    - Become a partner
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Payroll
- - IRIS Payroll Overview
    - IRIS Payroll Overview Our software and services ensure every pay run is a success and all complexities are taken care of.
      Payroll Software HMRC Recognised payroll software tailored for businesses of all sizes.
      Payroll Software
      Cloud-based payroll for UK businesses
      Staffology Payroll
      Payroll software for complex payrolls
      IRIS Payrite
      Payroll Software for Schools
      Every Payroll
      Payroll Software for GP Practices
      IRIS GP Payroll
      Integrated HR and Payroll
      Intuitive cloud-based HR and Payroll software
      Staffology By IRIS
      Fully integrated HR and Payroll software
      IRIS Cascade
      Payroll Services Outsource your payroll to CIPP-accredited payroll experts.
      Payroll Services
      Let IRIS take care of your payroll
      IRIS Managed Payroll
      Managed Payroll for IRIS Cascade customers
      IRIS Cascade Payroll Managed Services
      Payroll Services for Schools
      Dataplan Payroll
      Tronc Services
      Troncmasters
      International Payroll Services
      IRIS FMP
      Bureau Payroll Software Payroll platform for payroll bureaus and accountants.
      Bureau Software
      Cloud-based payroll software for modern bureaus
      Staffology Bureau
      Payroll bureau software for complex payroll needs
      IRIS Payroll Professional
      Additional Payroll Offerings Additional products and services designed to streamline your payroll processing.
      Faster Payments
      Faster Payments
      Payslips
      IRIS My ePay Window
      Employee Data Platform
      IRIS Employee Verification
    - Staffology Payroll Staffology Payroll: UK cloud-based payroll software powered by smiles.
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    - About Us Overview We help improve the way people work by making business processes more efficient. Our software and services are used by accountancy and education professionals, and teams in payroll, HR and finance to solve some of the most essential operational business problems. From submitting a tax return and being paid on time, to improving work experiences and engaging with a child’s school, our customers save money, save time and know it’s right first time, every time.
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Home | Guides | A quickstart guide to the academies Budget Forecast Return (BFR)

About this guide

This guide takes you on a whistle-stop tour of all things BFR. It provides:

An overview of the BFR’s purpose
The benefits of doing a BFR for your trust
How to fill out the form
The pitfalls you might encounter when filling out a BFR
How IRIS Financials can make the process much easier