School Activity Fund Accounting System

School Activity Fund Accounting System

SchoolFunds Online

A web-based accounting solution designed exclusively for the K-12 environment.

  • A .NET system using a powerful MS SQL database that operates on a central server, with school access via a normal web browser.
  • District-wide setup and control of chart of accounts and 1099 vendors.
  • Simple check and receipt posting routines give way to fast, accurately printed checks and receipts.
  • "Fill in the blank" screens greatly simplify journal entry transactions by eliminating confusing debit and credit entries.
  • Detailed purchase orders print within the purchasing and encumbrance system and fully integrate with the payables system.
  • Accu-bal automatic bank reconciliation wizard guides you through reconciliation and lets you know when you are in balance.
  • Extensive inquiries of current and past fiscal year transactions (36 months online).
  • Reports designed exclusively to meet the school fund accounting needs, presented in a simple, meaningful format.
  • Either hosted on your own district's server or TRA's hosting solution.

At last, the power of a single SQL database with all schools’ data at your fingertips for:

  • Consolidated financial status for all schools on a single report.
  • Consolidated 1099 reporting.
  • Powerful audit module to assist you with examining checks, receipts, deposits, JE’s, and PO’s for any date range for any school.
  • True random sampling of audit items by number or percentage – even see all checks written for a certain amount.
  • Produce audit worksheets with custom headings that can be printed or exported to Excel.
Data Access:
  • Ability to access each school’s data for monitoring, even editing.
SchoolFunds...trusted for reconciling over 4,500 school bank statements every month!