How do you keep your school accounting without a deficit?
Accounting in schools is different and has a special nature. The one responsible for following up on the school’s accounts is the school’s internal accountant or school secretary Their work is not limited to the salaries of teachers and employees only
but also sets budgets for the various activities of the school and dealing with school expenses in a proper way because it is the main source of income for the school. So let's get to know together the nature of the accountant's work inside the school, because if you can figure out the right role for the employee, you won't have any shortage of money because you will find it easy to manage people and as a result the possibility of a deficit will be almost non-existent.
The nature of the accountant's work at school
the accountant performs many accounting tasks, including:
Supervising all the school's accounting books and financial documents. This is done by recording all accounting operations in the books or recording them on an administrative program.
1-Documenting restrictions, records and exchange documents and maintaining proof of authenticity.
2-Recording the daily operations of school purchases and sales and keeping invoices that prove their validity.
3-Organizing the documents prepared for exchange.
4-Preparing financial reports for the school's accounts.
5-Collecting school revenues and depositing them in the bank.
6-Preparing the school's monthly audit budget.
7-Examine the financial records periodically and continuously.
8-Preparing reports on the school's profit in a specific period of time.
9-Preparing reports on the financial situation of the school.
10-Record all information related to exchange permissions, invoices and calculations in the journal on accounting software.
The next step is to know the nature of school accounting:
If you search for accounting programs for schools which you can buy to facilitate the accounting process for school staff and also avoid account deficits and save time and effort you'll find a lot of these programs and you can also learn more about edu Step Up, the most popular school accounting program it is a comprehensive and integrated program that includes the public accounts of the school and the preparation of employee salaries and also helps you in the management process of the school as a whole.
However, let's learn about the nature of accounting in schools:
1-Student schedules and all the information it contains about each student in the school.
2-Information about school staff such as telephone number and address.
3-Information about the school's financial receipts.
4-Student classroom schedules include premiums, whether monthly or annual, and information regarding their payment.
5-All about the salaries of the employees at school.
6-Everything related to textbooks.
7-School book and school equipment sales receipts.
8-Information about school revenues within a certain time period.
All these important accounting processes for the school are carried out by the school management program Edu Step Up in addition to:
1-Easy to use.
2-You can get a backup of the information recorded on it.
3-More than one user can access the program while determining the validity of each user on the program.
4-The possibility of the program working on any windows system.
5-The existence of an automatic maintenance system in the program to solve all technical problems without the need for the intervention of users or technicians.
6-The possibility of the program to work within a local network system of the school containing a server and other sub-devices.
7-Any accounting data can be recorded on the program by any foreign currency other than the Egyptian pound.
These are almost all the details that pertain to the school’s general accounts in the Edu Step Up program, but there are other technical details of the program regarding student affairs and staff affairs, and an advanced website for the school is available with the program to help the school achieve its vision and mission.
Therefore, if you are the owner or manager of a school or the IT of a school, you must consider all these points to reach the school to an advanced stage free of deficits in the public and student accounts in the school.