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QuickBooks for Private School Accounting

Private School Accounting

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kelvin mkwesha
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0% found this document useful (0 votes)
36 views12 pages

QuickBooks for Private School Accounting

Private School Accounting

Uploaded by

kelvin mkwesha
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

6/22/24, 4:07 PM Private Schools Accounting Software In Nigeria Kenya Ghana | AccountingSoftware

WRITTEN BY BIGRESOURCES • NOVEMBER 13, 2015 • 11:27 AM • QUICKBOOKS, SAGE PASTEL, SOFTWARE TIPS &
ADVICE

Using QuickBooks
Software for Private
School Management.
HOME → QUICKBOOKS, SAGE PASTEL, SOFTWARE TIPS & ADVICE → USING QUICKBOOKS SOFTWARE FOR PRIVATE
SCHOOL MANAGEMENT.

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As a private school proprietor,
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we understand your pressing needs – one of which is a
Private Schools Accounting Software In Nigeria Kenya Ghana | AccountingSoftware
system that will help manage your school records and easily organize your books of the
account while taking into account cash inflow and outstanding bills on tuition or related
fees.

An effective book of account will not only help you track the financial position of the
school you manage but also monitor profit or loss of each session so you can forecast
expected income from next sessions while managing your administrative expenses.

We had just concluded the installation and networking of QuickBooks accounting


software for a private school with over 1,000 students, and if you are interested in the
scope of the project, here are few customizations you might find interesting for your
school.

Request For Our Accounting Software Service


For over 5 years, we have implemented QuickBooks and Sage 50 for several companies
under Retail, Manufacturing, Oil & Gas, Real Estate & Construction, Travels,
Hospitality,Legal, Co-operatives, NGOs, Financial & Service Sectors.
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Here are some top companies we have implemented accounting software:

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Kantessa Limited(Fashion Store)
OPI Nigeria International
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Limited (Oil & Gas Servicing)
Private Schools Accounting Software In Nigeria Kenya Ghana | AccountingSoftware

Zenilum Company Limited (Oil & Gas Servicing)


Extol Security Services Limited (Security and Guard Services)
Lilygate Hotel(Hospitality)
Benstel Nigeria Limited(Bottle Water Production & Distribution)
Paraclete Nigeria Limited (Bottle Water Production & Distribution)
Lakia Construction Limited (Real Estate Development)
Josien Holdings Limited(Distribution)
Aisha Buhari Foundation (Futured Assured)(NGO)
Doheney HR Services(HR)
Insights Limited(Health Consultant)
Biddel Oil & Gas Limited (Oil & Gas)
System Intelligenz Limited(Contractor)
MagTech Information Security (IT)
Infusion Cakes Nigeria (Bakery)
SCERA Nigeria (NGO)
M.D School (Private School)
Travel Options (Travels)
Logos Travel Support & Solutions Ltd (Travels)
Melcurt Nigeria Limited (Oil and Gas Engineering and Pipeline Construction) Message us

Starlight Nigeria (Retail)

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Charts of Account
6/22/24, 4:07 PM Private Schools Accounting Software In Nigeria Kenya Ghana | AccountingSoftware

This is the backbone of every accounting software as it helps you organize your account
heads into income, expense, assets or liabilities. As a school, the chart of account
configuration lets you track your relevant income heads (school fees, uniform, textbooks,
or any other extra-curricula activities), direct expenses ( repair and maintenance of
school classrooms, purchase of school equipment, payment of teachers salaries,
payment on the supply of school uniforms, etc), assets (school and administrative
building, school buses, computers, furniture, etc) and liabilities (any outstanding payables
to your vendors or service providers).

Students and Class List


This is the first stage of our setup, where the client is expected to provide a
comprehensive list of all the students in the school categorized or sorted by classes in
excel format so that each of these students is rightly added to their respective class as
well as their previous or pending bills from previous sessions.

The essence of this is to generate accounting receivable reports thatMessage


not only
us
let you see
how much is owed but also plan your expected cash flow in the new session.

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6/22/24, 4:07 PM Private Schools Accounting Software In Nigeria Kenya Ghana | AccountingSoftware

Every cash inflow and outflow has the bank at the centre – so you must not neglect your
banking transactions. Having all your bank balances in QuickBooks accounting software
lets you track all payments to vendors so you can ascertain the actual balances owed to
your vendors while also taking into account inflows from pending bills on your students
from the previous or current session.

QuickBooks also gives room for reconciliation, a core feature that helps you bring your
bank statement balances at par with your cash book figures.

Batch Invoicing
We understand the complexities and rigorous work involved when you try to create a
manual invoice for each of your students, especially when you have over 500, 1000
students to apply recent school fee bills on. This is where batch invoice comes in, you are
able to apply a single invoice (categorized by class) to all the students of a school in less
than 10 minutes which automatically increases their outstanding bills for the new
session.

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For students that had pending balances carried forward from previous session, the
amount owed is increased by the value of the new invoice/bill created in the new session.

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payments to relevant service providers as well as ensure that no activity is disrupted
during school session. Private Schools Accounting Software In Nigeria Kenya Ghana | AccountingSoftware
6/22/24, 4:07 PM

The expense session lets you see:

how much you have paid as salaries to your teachers


how much you paid to your security staff for the safety of school facilities.
what you have incurred on repair and maintenance of school buses.
what you spent on the acquisition of new computers or furniture.
how much you spend on the inventory of new textbooks or learning materials.
and every other direct or indirect cost.

Inventory
As a school, I am sure you’d also like to keep records of school uniforms for each of the
classes, textbooks, and related learning materials? The inventory session of QuickBooks
is designed to help you see the number of materials you have in store as well as their
respective cost so you can generate an inventory report. With a report like inventory
valuation summary, you can see the value of what you have in store on a daily, weekly or
monthly basis. Message us

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We can deploy your QuickBooks
6/22/24, 4:07 PM in premise
Private Schools Accounting or cloud,
Software depending
In Nigeria on| AccountingSoftware
Kenya Ghana which is affordable or
effective for you.

Email: info@[Link] or bigresourcessolutions@[Link]. You can


also reach us on 08105090001

Recommended QuickBooks Software


With Genuine License Details, It's
One-Off:
Order Now, Call 08105090001, 08084219399 or mail at
info@[Link]

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Premier – 2 Pro – 1 User Pro – 2 Users Pro – 3 Users
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User Private Schools Accounting Software In Nigeria Kenya Ghana | AccountingSoftware

VIEW PRICE VIEW PRICE VIEW PRICE


OFFERS OFFERS OFFERS
VIEW PRICE
OFFERS

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Is QuickBooks Desktop Good for Restaurants?
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CATEGORIES

Select Category

BUY GENUINE SOFTWARE

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CONTACT

Address:
14A Bayo Dejunwo,
Maryland, Ikeja,
Lagos, Nigeria

Phone:
0808-421-9399, 0810-509-0001

Hours:
Mon-Fri 8pm – 4pm

 FACEBOOK  WHATSAPP

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