Finance Module
This module consists of Fee related operation and accounting principles.
Fee Management
- User can define their own concession (discount) and fee waivers with prior approval.
- User can generate Invoice, Proforma invoice
- User can collect fee through cash, cheque, credit card or PDC. Also user can collect fee from multiple student in one receipt and multiple payment mode (Cash, Cheque or Credit Card) in single receipt.
- User can collect the fees against cheque return.
- Automatic deposit slips generation based on Bank or Branch.
- User can collect fees from staff salary
- User can transfer the extra Payment from one student to another student.
- Reports like Fees reconciliation, Student ledger, receipt summary, Fee ageing, Fee advance and outstanding, Fee remainder letter etc. All required reports are provided.
Accounts Management
- User can define their own chart of account
- Multi currency supported
- User can define budget for each accounts
- Users can analyse the expenses using the cost center concepts.
- System will support multi school accounting.
- User can set the automatic transaction posting to accounts.
- Day end process, month end process and year end process to close the accounts daily or monthly or yearly.
- User can do the bank reconciliation through system.
- Report like Journal register, Cash book register, Bank book register, PDC Pending list, General Ledger, Sub Ledger, receivable, Payable, Collection, Budget verification, Cost Center analysis, Consolidated result, Trail balance, P&L and Balance sheet. All other required reports are provided.