Accounts Management

The Account module servers the accounting needs of the school. The module provide a full fledge accounting software facility.Following are submodules incorporated in the accounting section.
 

Masters

It stores the basic information related to accounting transactions.
Group : It is a collection of same types of ledger. It is maintained to determine the hierarchy of ledger account by filling following fields.
Ledger : It is an actual account head to which you identify a transaction and it must be used in accounting voucher
Stock Groups : It classified the stock items. It can group stock items under different stock groups to reflect their classification based on common features.
Stock Item : It is a primary inventory entity.
Unit of Measurement : It stores the different types of measurement units that are required during the transactions of purchase with following fields.
 

Transactions

It manages all the transactions related to accounting purpose of school.
 
Contra : It manages transactions related to bank to bank and cash to bank with current balance.
 
Journal : It manages the expense related transactions.
 
Payment : It manages the transactions related to payment by school.
 
Receipt : It manages the transactions
 

Reports

It generates report as per requirement with graphical manner.
  • Balance Sheet
  • Trial Balance
  • Ledger Details
  • Group Summary
  • Cash / Bank Book
  • Profit and Loss
  • Day Book
  • Ledger
 

Change Company

It is used for changing the company and its details during or at the end of year(academic year).