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The term cash flow refers to the net amount of cash and cash equivalents being transferred IN and OUT of the organization(School). Cash received represents inflow, while money spent represents outflows.

A trial balance is a statement, prepared with the debit and credit balances of the ledger accounts to test the arithmetical accuracy of the books.   Note: Debit and Credit balance must be the same, if not there is a problem.

A statement of the assets, liabilities, and capital of a school or organization at a particular point in time, detailing the balance of income and expenditure over the preceding period. Serves as a snapshot, providing the most comprehensive picture of a schoo...

An income statement is a financial statement that shows you the company’s income and expenditures. It also shows whether a company is making a profit or loss for a given period.

Group ledger helps to view the report of the Groups Accounts (Bold Letter Accounts) ALL

Provides all vouchers created to date.

This shows us all the canceled voucher reports.

It defines the work structure of the school or organization. Helps to create multiple users and separate the workload by providing access to the user according to their job role.   1. How to Create Multiple Users? Ans: Use the following steps: ●    ...

It controls the followings: ●       Date Format:  ○       Choose which date format to be used in the voucher. ●       Currency separator format ○       Used as a comma separator like: National{ 1 lakh is represent as(Rs1,00,000) & International { 1 lakh c...

Provides the feature of creating the fiscal Year( current year Shrawan first and next year Ashad last date)

Organization details are here to be filled and changed if needed.

Things To Know: 1.      Trial  Balance amount must be equal on both sides i.e. Debit and credit. 2.      Opening balance must be equal for the Proper Record. 3.      While Map Billing to Finance all the Billing head Types i.e. Fee, Student, etc must be pro...