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Finance Management

Fed up of errors in school accounting? Are you spending most of your time tallying the ledgers at the end of every financial year? Let us take the leverage to introduce our own I school accounting software to erase all calculation errors and automate the accounting process. Spend less time in bookkeeping and invest this time in making your school grow in an upward direction!

Dumping the dated method of maintaining records in books, ledgers and adopting the digitalized way of accounting is the need of the hour. Are you ready to be part of the race? Experience the reduced workload from day one of the implementations and also feel the smooth customer experience with the easy interfaces.

Make the school accounting a slice of the butter by integrating your school management software with I School award-winning school finance management software. No more worries about the paper trail at the time of auditing. The organized and secure management of all expenses and income sources will allow you to breathe easily.

Key Features Of School Finance Management Software

Auto Sync With The Student's Fees Records

The school accounting software is configured with students fees records, all the transactions of the accountant entries and even online payment get synced with accounting

Managing All Types Of Vouchers

The accountants can effortlessly manage all different type of Ledgers and Vouchers (Debit or Payment Voucher, Credit or Receipt Voucher, Journal Voucher, Contra Voucher)

Data Accuracy

Vidyalaya accounting System software gives you an up-to-date, Accurate Balance Sheet, Profit and Loss sheet, Trial balance, Income & Expenditure

Reports For Auditing The Voucher Entries

The management team and auditor can inspect, monitor, and analyse the complete financial transactions of their campuses with the help of incredible school accounting software.

Manage The Bank Reconciliation Procedures Quickly

Using the ledger filters the accountant can clear the Cheque and also get the balance track here. Hence all the cheque clear voucher process can be done in the system only.

Maintain The Income And Expenditure Data

All the profit and loss details of the overall transactions can be tracked with net profit summaries, so that accountant can check it regularly and report it if necessary.

Benefits Of School Finance Management System

Simple, convenient and fast data entry process of the vouchers.

Great financial reports for better decision-making.

Accurate school finance management systems reduce human errors.

Control students accounting of payments, refunds, adjustments, and scholarships.

General ledgers, year ending, and standard financial statements.

Saves time like approval of invoices and cash disbursements

Finance Management Module

A Finance Management Module typically refers to a component within a larger system or software that is designed to handle various financial processes and tasks.

  

Voucher Payment Management

  

Bill Payment Management

  

Income and Expenses Tracking

  

PDC (Post Dated Cheque) Management

  

Listing & Search of Income

  

Payment Summary

  

Export Income & Expenses   – PDF, Excel, CSV Format

Frequently Asked Questions

  • What is school finance management software?

    School finance management software is a digital solution designed to streamline accounting processes within educational institutions. It automates tasks such as ledger management, voucher entries, and financial reporting to improve accuracy and efficiency.

  • By automating accounting processes, school finance management software reduces the time spent on manual bookkeeping, minimizes errors, and provides accurate financial reports. This allows schools to focus more on growth initiatives and ensures smooth financial operations.

  • The software offers features such as auto-sync with student fee records, management of various vouchers, data accuracy in financial statements, auditing of voucher entries, bank reconciliation, income and expenditure tracking, and convenient data export options.

  • The software automatically syncs with student fee records, ensuring that all transactions related to fees, payments, refunds, and adjustments are accurately recorded and managed. This feature simplifies fee management and improves transparency for both administrators and parents.

  • Yes, the software generates comprehensive financial reports such as balance sheets, profit and loss statements, trial balances, and income and expenditure summaries. These reports provide detailed insights into the financial health of the institution and facilitate auditing processes.

  • Yes, the software includes features for managing post-dated cheques (PDCs), allowing administrators to track and process cheque payments efficiently. This feature ensures that cheque transactions are properly recorded and accounted for within the system.

  • The software employs robust security measures to safeguard financial data and sensitive information. It utilizes encryption protocols, access controls, and regular data backups to protect against unauthorized access and data loss.