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The double entry accounting system in Smart School ERP provides better maintenance of accounts. The financial module helps the school to manage all the financial activities with different payment options like credit card/cash/bank etc. The income and expenditure can be easily calculated. Management of fees with detailed invoicing and creation of different journal entries into the system based on the fees paid by various options can be executed. All financial transactions can be tracked.

  • A list of fees for students who default can be easily calculated and these students can be notified instantly
  • The daily reports of the amount of fee collected can be easily calculated and monitored
  • Customisable chart of accounts
  • Easy profit and loss statement
  • Easy balance sheet
  • Cash flow statement
  • General ledger
  • Easy petty cash management
  • Easy bank reconciliation
  • Cheque printing
  • Discounting and refunding options
  • Auto posting option
  • Tax management
  • Asset management
  • Multi-branch accounting
  • Multi-currency Feature
  • Multi-journal
  • Contract management
  • Treasury analysis
  • Automatic invoicing
  • All types of financial Reports
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