Books that already agree with the fee ledger

A chart of accounts, vouchers and ledgers built for how an institution actually keeps books, reading from the collections and salaries the system already recorded.

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What this usually looks like today

The accounts clerk exports fee collections, exports payroll, and types both into a separate accounting package. Somewhere in the retyping a figure changes, and nobody finds out until the trustees ask why two reports disagree.

Then the question arrives that always arrives: what did we actually spend on transport last term. Answering it means opening three systems and hoping the headings were used consistently.

When collections and salaries post from the same records that produced them, there is nothing to retype and nothing to reconcile.

What it handles

Grouped by the job it does rather than listed as one long set of features.

Chart of accounts

Income and expense heads structured the way an institution thinks - by campus, department or activity - rather than a generic business template.

Vouchers

Payment, receipt and journal vouchers with approval before they post, so a correction is a document rather than a quiet edit.

Ledgers

Account ledgers with running balances that you can open on any head and read from opening to today.

Cashbook and bank

Cash and bank positions, deposits and transfers between accounts, without a parallel spreadsheet.

Inter-account transfers

Movements between funds and campuses recorded as transfers rather than as an expense in one place and income in another.

Income and expenditure

What came in, what went out and against which head, for a term or a year, without assembling it first.

Period close

Close a period so figures stop moving underneath a report that has already gone to the board.

Campus-level books

Each campus visible on its own and consolidated for the group, from the same entries.

Financial reporting

The statements a school actually needs for its trustees, its auditors and its own planning.

The cases most systems get wrong

The fee collection typed in twice. Once by the accounts office in the fee system, again into the accounting package. The two figures now differ by whatever was mis-keyed, and reconciling them is a monthly ritual.

The expense charged to the wrong head. Transport fuel posted against general maintenance. Moving it needs to leave a trail rather than silently changing history somebody already reported on.

The period that would not stay closed. A late voucher is backdated into a month the board has already seen. The report is now wrong and nobody knows it.

The campus that keeps its own books. Each site uses slightly different heads, so the group figure is an interpretation rather than a total.

These are the cases worth testing in a demo. Bring the messiest one you have.

Who touches it, and what they see

The same records, presented differently depending on the job.

The accounts office

Maintains the chart of accounts, posts and approves vouchers, closes periods and produces the statements.

Leadership and trustees

Income, expenditure and campus comparison without asking the accounts office to prepare something.

Auditors

A traceable path from a statement back to the voucher and the transaction that produced it.

Everyone else

Nothing. Financial detail is not something a teaching role has any reason to open.

What it shares records with

Fee collections post from the fee module rather than being exported and retyped, so the collection figure in the accounts is the collection figure the office recorded.

Payroll posts the same way. Transport and hostel charges arrive against the heads they belong to rather than as an unexplained lump. Campus structure is the same structure the rest of the institution uses.

That is why month end becomes a review rather than a rebuild: the entries were made once, by the people who knew what they were.

Questions we get asked

Do fee collections post to the accounts automatically?
Yes, from the same record that produced them, so the collection figure in the accounts is the figure the fee office recorded. There is no export and no retyping, which is where most discrepancies come from.
Can each campus keep its own books?
Yes, and the group consolidates from the same entries rather than from campus summaries. The heads are shared, so a group total is a total rather than an interpretation.
Can we close a period so figures stop changing?
Yes. Once a period is closed a late voucher cannot quietly backdate into it, which is what keeps a report you have already given the board true next week.
What happens if something is posted to the wrong head?
It is corrected with a document rather than an edit, so the trail shows what changed and why. An auditor can follow a statement back to the transaction that produced it.
Is this a full accounting package?
It covers what an institution needs day to day - chart of accounts, vouchers, ledgers, cashbook and period close. If your auditors require a specific statutory format, raise it early so we can be honest about fit.
Who can see the financial detail?
The accounts office, and whoever you grant leadership access to. Teaching roles have no reason to open it, so by default they cannot.

Bring last month's reconciliation

The two reports that disagree and the heading nobody uses consistently. Those are the useful things to look at.

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