How to Improve Financial Accounting with School Fee Management System?

Skolaro presents a complete unparalleled combination of financial and accounting information to deliver improved transparency, accuracy, and efficiency with school fee management system. Skolaro continuously enlightening and purifying the financial and accounting products to meet the hard challenges of industry hence are fully customizable, bendable and scalable.

Basic Features

•Budget preparation & financial planning

•Master setup for financial accounting

•Group company/sub company formation

•Cash payments

•Cash receipts

•Bank payments

•Bank receipts

•Receipts & payments

•Journal register

•General ledger

•Sub ledger

•Income& Expenditure

•Trial balance

•Balance sheet

•Bank Reconciliation (BR Report)

Benefits of School Fee Management Software

•Input ledger entries with an easy and intuitive interface, making the whole process error free and fast.

•Prepare and record vouchers with ease.

•Reconcile and prepare P&L, Balance Sheets and Cash Flow statements quickly and shorten your period close.

•Prepare standard statutory reports.

•Enjoy real time reporting and multi-dimensional analysis.

Basic features of School Accounting Software

•Speed up fee collection and receipt generation while minimizing human error.

•Manage invoicing, data entry and financial accounting

•Track the details of past, future, and current fee receipts

•Specify fee types, fee periods, and concessions and manage bank reconciliation

•Auto-generated SMS and email alerts for fee reminders

•Online fee payment facility with auto-generated notifications & reporting

•Assign user credentials to parents for tracking due and paid fees

•Collect school fee, taking different kinds of fee waivers into account

•Print reports on the basis of Fee Heads and daily collection of Fee (Cash, Cheque and Bank Transfers)

•Daily auto-generated mail to school management for Cash in Hand and Register

•Track different receipts like prospectus fee, tour fee, ID card fee and any other collections and generate miscellaneous collections reports

Goals and Benefits of School Fee Software

•Streamlined Fee Collection and Recording

•All kinds of fees and recorded and reflected in one place for ready reference

•Accurate and efficient Fee processing

•Pro-active and streamlined fee management process

Features

•Fee structure generation and ee plan formation

•Generation of Fixed amount & extra expenditure

•Extra expenditure entry & reports time to time

•Student's  ledger- period wise & item wise

•Estimate of the fees at starting of the academic yea/semester

•Payment by cheque/cash/d.draft/c.card

•Installment/annual/multiple installment collection

•Cheque bounce entry

•Excess amount transfer facility - head wise

•Fee group shifting facility

•Fee concession/Scholarship/loan  facility

•Fee transfer facility from one head to another

•Monthly/semester wise collection statement

•Month wise collection statement

•Intimation letter for fee defaulters

 Want to see live demo for school fees collection software. Contact us now.