Cashbook & closing
Cashbook entries and accounts closing for the period.
Fees, cashbook, expenses, suppliers and statements in one set of books, so the bursar's numbers and the principal's report are the same numbers.
School accounting software records what a school collects and spends and produces its financial reports. Shulepoa links fee payments to a cashbook, tracks expenses, suppliers and tenders, reports fee arrears by age, supports KRA eTIMS and produces statements in the IPSAS layout public schools report in.
When fees sit in one system and accounts in another, someone retypes every month's collections and the two totals drift apart. With one system, each M-Pesa or bank receipt is already in the books when the bursar closes the month.
Cashbook entries and accounts closing for the period.
See who owes what and for how long, by class.
Receipts and payments, financial performance and position, changes in net assets, cash flows, budget comparison and notes.
Suppliers, deliveries, payments, and tenders with a shareable advert.
Stores, issues and the school's fixed asset register.
Electronic tax invoicing support for the school.
Bring in learners' balances and the school's accounts.
M-Pesa and other receipts flow into fees and the cashbook.
Expenses, suppliers and inventory are recorded as they happen.
Close the period and print the statements.
Yes. Parents pay to the school's M-Pesa paybill using the learner's admission number. Shulepoa matches each payment to the right learner, issues the receipt, updates the fee balance and can send the parent an SMS confirmation. Overpayments can be split across learners or carried forward.
Yes. Shulepoa prepares the seven statements in the IPSAS layout: receipts and payments, financial performance, financial position, changes in net assets, cash flows, comparison of budget and actual amounts, and notes.
Yes. The ageing report groups outstanding balances by how long they have been unpaid, so the office knows who to follow up first.
Book a free demo set up with your own classes, fee structure and grading.