School Accounting Software

Get the best school accounting software for your organization. Compare product reviews, pricing below. Read our buyer’s guide for more help.

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BMSI Financial Software System Screenshot
BMSI Financial Software is designed for municipalities and educational organizations. It gives you the tools you need to take control of your finances. An incredibly affordable fund accounting system that meets all accounting…
Price Range
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Starting Price
$3,000 (perpetual license)
Client OS
Windows
Deployment
On-Premises
Embassy Accounting Screenshot
Our relationship with the Embassy community has grown; as have the demands, issues and obstacles that Sentrien has been asked to address. Sentrien Systems has met with Embassy Student Advisers, Embassy Accounting Teams…
Client OS
Mac, Windows
Dynamics NAV Education Suite Screenshot
The Education Suite from Open Door Technology is a fully integrated Human Resources, Payroll, and Financials solution for K-12 and higher education sectors that was implemented as part of a project for Saskatchewan Learning…
Infor SunSystems Screenshot
Infor SunSystems
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★★★★★
(1)
Your traditional financial management system (FMS) locks you in to rules, structures, and business models that can’t evolve to meet your changing needs. But you need to redefine your systems on the fly, and respond to…
Price Range
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Client OS
Web, Windows
Deployment
Cloud or On-Premises
MySchoolAccounting Screenshot
TES Software provides a suite of systems that are designed to communicate with one another to provide you with a full management system. The MySchoolAccounting system has pieces to meet your accounting needs. If you need an…
Price Range
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Starting Price
$325/year
Client OS
Windows
Deployment
On-Premises
Weidenhammer Screenshot
Developed by Weidenhammer, the alio suite of products includes: Fund accounting; Encumbrance accounting; General ledger; Purchasing; Accounts payable; Accounts receivable; Budgeting; Finance; Payroll; Human resources…
OpenRDA for School Systems Screenshot
Financial Management ‘ provides the timely analysis you need for critical decision making while minimizing the effort required to gather the information. Best practice approaches centralize data while distributing collection…
Client OS
Windows, Mac
Department Manager Screenshot
Department Manager is a powerful financial and personnel management tool designed for administrators of large departments, centers, institutes and schools at universities and research hospitals. It is flexible, easy to use…
Client OS
Windows
OnCall Screenshot
OnCall is designed specifically to make the process of filling teacher absences quick any easy. Teacher time tables are carried over from previous semesters or year, saving you hours in recompiling them every semester. This…
Client OS
Web
Deployment
Cloud Hosted
Chalkable Financial Management Screenshot
As of 10/12/2016, Chalkable was acquired by PowerSchool which provides a large volume of education related products. Chalkable Financial Mangement is no longer sold or supported. Streamline all your financial tasks with…
Client OS
Windows
AccuTrack Screenshot
AccuTrack
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(3)
AccuTrack is a comprehensive academic center management system meant to automate the monitoring of staff and students. AccuTrack is a leading software system for managing academic centers and learning labs. AccuTrack has been…
Client OS
Windows
Deployment
On-Premises
Student Fees Screenshot
This program keeps track of all student fees that are owed and a history of all fees paid. This module can interact with the Accounting 32 bit program as well….
AAWeb Screenshot
Simplify school and district processes to track and reconcile activity funds, including athletic and club events with Activities Accounting Web (AAWeb). AAWeb is an easy-to-use, web-based solution that accommodates multiple…
Client OS
Web
Deployment
Cloud Hosted
EDLINE Screenshot
EDLINE is a complete Internet solution that serves as your school’s website or becomes a companion website. EDLINE is easy to implement, saves teachers time, and enhances parent-teacher communication. Using your school’s…
safbooks Screenshot
Safbooks is a web-based solution for tracking school activities and their costs; and in turn the required reporting that accompanies such activities. Safbooks allows for information downloads to Microsoft Excel or the…
Client OS
Web
Deployment
Cloud Hosted
Black Mountain School Accounting Software Screenshot
Black Mountain School Accounting Software
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(4)
A complete line of accounting software for Montana and Alaska schools Black Mountain Software has a complete line of accounting software specifically built to meet the requirements of Montana and Alaska schools. The school…
Client OS
Windows
Deployment
On-Premises
SKools Screenshot
SKools Student Administration was developed to provide you with a comprehensive software suite for the management of student information. This product will provide you with the ability to manage the payroll and human…
Client OS
Web
Deployment
Cloud Hosted
Logos School Screenshot
Logos is pleased to provide Logos School for Windows, a powerful yet easy-to-use system for efficient, ongoing record keeping and for communication with students, families and staff in any size school. Logos School is a…
Client OS
Windows
MasterWorks Classic Screenshot
‘Powerful Tools for School Board Administration.’ That is what we have been providing our clients for close to 20 years. Our software, although used by some private industry clients, is designed to meet the special needs of…
Client OS
Web, Windows
Deployment
Cloud Hosted
Moodle Screenshot
Moodle is an Open Source Course Management System (CMS), also known as a Learning Management System (LMS) or a Virtual Learning Environment (VLE). It has become very popular among educators around the world as a tool for…
Client OS
Web
Deployment
Cloud Hosted

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School Accounting Software Buyer’s Guide

Whether your organization is a private school, a university, or a public school district-the profit motive may not be the final word when it comes to organizational success. But, in order to achieve your organization’s goals, it is critical to have strong accounting tools. The right accounting software can help you ensure efficient operations through the optimization of often limited time and financial resources. At the end of the day, the pressure to lower operational costs and maintain error-free books is just as real for your educational organizations as it is for any commercial enterprise. Discover more about the capabilities of accounting software designed for schools and the educational field–and how it can help your organization–in this article.

What Is School Accounting Software?

School accounting software helps manage financial and administrative tasks that are unique to educational institutions. Some schools may use general accounting software. However administrators may opt for specialized systems that help manage school fund accounting, student fee collections, student records, class registration, classroom supply inventories, or parent-teacher communications.

What Can Accounting Software for Educational Organizations Do for You?

Schools and other educational organizations operate with a different mission than a commercial company. Not surprisingly, their accounting needs differ in many ways. That being said, educational organizations and commercial companies both share certain key accounting practices: cash management, analytical report tracking, creating budgets, as well as identifying and tracking operational costs. Software developed specifically for usage in schools, school districts, and training companies is designed to meet these needs.

Software Designed Specifically for Educational Organizations

Solutions designed generally for commercial use often aren’t adequate for meeting the full needs of educational organizations. Many educational organizations operate on a non-profit basis. Consequently, support for fund accounting practices is an important part of accounting software designed for the educational organization. Additionally, educational organizations typically need to database a considerable amount of information about students and tie it back to accounting records.

Integration Between Accounting and Student Records

Regardless of whether your educational organization is a professional training company, a university, a private school, or a school district, there are benefits to be gained by utilizing software specifically designed to support educational operations. One of the key elements of software specifically designed for educational groups is integration between financial data and student records. Integrated information allows educational entities the ability to lower the total cost of ownership by creating efficiencies associated with keeping all relevant information within one centralized database. Hardware requirements are significantly reduced when records are not duplicated across multiple systems. There is a major time savings impact, as well, when staff can access information easily from within one single system.

Fund Accounting Capabilities

In order to track the allocation of funds for specific purposes, many educational organizations use fund accounting practices. Funds are essentially accounting entities with self-balancing accounts designed to record cash and other assets, as well as related balances and liabilities. A fund accounting approach allows educational entities to track all expenditures back to specific fund sources.

Benefits of Educational Accounting Software

  • Integrated financial and student records information
  • Improved ability to lower operational costs by automating manual accounting processes
  • Enhanced capabilities for easily creating budgets
  • Comprehensive accounting modules for accurate financial management
  • Support for fund accounting practices

Taking the Next Steps

All schools, public and private, need to manage their finances, however, finding the right program for your organization can be a difficult and time consuming adventure. Whether you are looking for a complete accounting and student management system or specific functionality to augment existing software, through a brief phone call, our software specialists will look to better understand your business and software needs to help you locate the most relevant solutions for your requirements. Get started today!