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Accounts

Core Benefits & Key Tools

Professional Financial Management for Educational Institutes. Beyond student fees, schools have complex operational costs ranging from utility bills to maintenance and vendor payments. The Accounts module acts as a general ledger, helping you maintain a balanced book without needing expensive external accounting software.

This module provides the tools necessary to audit your cash flow:

  • Income & Expense Tracking: Record daily operational expenses (petty cash, stationery, repairs) and miscellaneous income streams to keep a real-time eye on your cash flow.
  • Chart of Accounts: Create custom heads for your assets, liabilities, and equity. This allows you to categorize financial data precisely (e.g., "Building Maintenance" vs. "Staff Welfare").
  • Financial Reporting: Generate instant reports to see where your money is going. View daily, monthly, or annual summaries to analyze profitability and cut unnecessary costs.

Key Benefits:

  1. Audit Readiness: Keeps your financial records organized and ready for internal or external audits at any time.
  2. Budget Control: Helps administration set realistic budgets by analyzing historical expense patterns.
  3. Transparency: Reduces the risk of fraud or mismanagement by documenting every single transaction.

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With eSkooly, you’re not just managing a school—you’re building a brighter future for education.

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