Banking and Reporting

Putting you in complete control

The banking and reporting is fully integrated with the other modules* and is delivered automatically and at no additional cost (*except Lettings module). It keeps track of the money that’s been received and tells you where it is at any time. When you’re ready to bank, it will generate a bank paying-in report including a detailed list of every cheque to be deposited. At the end of the month a bank reconciliation facility will allow you to track which deposits have cleared.

The reports facility is very comprehensive. It includes detailed reports down to individual transaction level which can be run for any given period and for any pupil or any cost centre. It also includes summary reports including overall income and expenditure and a VAT report. All reports can be exported to a spreadsheet for further analysis.

Features

• Instant status on how much money is in school and at bank – for each cost centre.
• Manages multiple bank accounts seamlessly.
• Automated procedures for paying-in slips and standing order payments.
• Integrated bank reconciliation procedure.
• Flexible reporting facilities.
• Summary reports including overall income and expenditure.
• Detailed reports down to individual transactions.

Advantages

• Time saving from automated procedures (e.g automatic bank paying-in report).
• Better accuracy as data is only recorded once and never needs to be transcribed.
• Better control since you have instant access to all relevant data.
• Improved audit trail; everything is recorded.