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School Yourself on Accounting Software Options for the Educational Market

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.

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Find out why thousands of businesses trust Software Connect to help narrow down thousands of options to a managable list of top recommendations. There’s no pressure, no obligation, and no cost. Sound good? Let’s get started!

The companies and representatives you sent our way were prompt and thorough… I definitely would recommend your company as a means to exploring options with qualified providers. — Bruce Conley
Your service saved me some very valuable time and hooked me up with some excellent resources. Thanks for providing this top-notch service. — Linda Vittori
Thanks! Having a service like this to help navigate the ocean of accounting software and help identify potential good-fits without having to delve through numerous bad-fits is of tremendous value! — Mark Carpenter

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!

Popular Educational Accounting Software Products

Looking for software for your education organization? Over the years, we’ve helped match thousands of organizations just like yours with great software. Below you can check out a list of the options most commonly considered by others in your industry. Browse for fits or let us help you find the best choices for your needs.

Which software is right for you? Get quick and accurate recommendations.

What if you could simply tell someone about your software needs and they’d find your best choices? Look no further. We’ll listen to your needs and find your top software matches. That’s it. There’s no pressure, no cost.

The companies and representatives you sent our way were prompt and thorough… I definitely would recommend your company as a means to exploring options with qualified providers. — Bruce Conley
Your service saved me some very valuable time and hooked me up with some excellent resources. Thanks for providing this top-notch service. — Linda Vittori
Thanks! Having a service like this to help navigate the ocean of accounting software and help identify potential good-fits without having to delve through numerous bad-fits is of tremendous value! — Mark Carpenter
  • BMSI Financial Software System by Business Management Systems

    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 standards. Easy to...

  • Embassy Accounting by Sentrien Systems

    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, Embassy IT departments and...

  • Dynamics NAV Education Suite by Open Door Technology

    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. It enables school...

  • Infor SunSystems by Infor

    ##Information, insight, action, growth 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...

  • Tes Software by Tes Software

    Tes Software is a suite of systems that are designed to communicate with one another to provide you with a full management system. The system has pieces to meet your accounting needs. If you need an online payment portal for school fees, Tes...

  • Weidenhammer by Weidenhammer

    Developed by Weidenhammer, the alio suite of products includes: Fund accounting Encumbrance accounting General ledger Purchasing Accounts payable Accounts receivable Budgeting Finance Payroll Human...

  • OpenRDA for School Systems by RDA Systems

    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 and access to...

  • Department Manager by Information Technology Works

    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, and provides a host of...

  • OnCall by Kev Software

    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 system provides you...

  • Chalkable Financial Management by Chalkable

    Streamline all your financial tasks with secure solutions to save your school time and money. ##Fund Accounting Organize daily financial tasks. Manage disbursements, receipts, and purchase orders. Print balance sheets and reports. And track...

  • Accutrack by Engineerica Systems

    AccuTrack, the leading software system for managing academic centers and learning labs. We are celebrating the release of version 10 -the best AccuTrack ever! In addition, we are celebrating 10 years of usage in colleges and universities! As part...

  • Student Fees by EPES Software

    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...

  • AAWeb by Harris Computer Systems

    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 locations, delivers...

  • EDLINE by Hunter Systems

    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 software, Hunter Systems'...

  • safbooks by Applied Business Services

    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 creation of PDF formatted...

  • School Board Finance Software by Bellamy Software

    Full-featured enterprise accounting software is necessary to process receipts, payments, payroll and to fulfill internal and external reporting responsibilities. Modules Include: Core Financial System General Ledger Cash...

  • Black Mountain School Accounting Software by Black Mountain Software

    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. Our school Accounting...

  • SKools by Keystone Information Systems

    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 resources needs in your school....

  • Logos School by Logos Management Software

    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. ## Family/Child Records Logos School is a...

  • MasterWorks Classic by MasterWorks Software

    “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 School...

  • Moodle by Moodle

    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 creating online dynamic web...

  • SchoolBooks by Blue Bear Software

    SCHOOLBOOKS™ - ACTIVITY FUND ACCOUNTING Blue Bear SchoolBooks makes activity accounting easy! Now you can track detailed deposits and expenditures all the way from Purchase Order to your General Ledger. Prints checks, purchase orders,...

  • School Board Operations Software by Bellamy Software

    The maintenance and support functions of school boards require sophisticated software for data collection and reporting systems. Bellamy School Board Operations Software Includes modules for: Purchasing and Requisitioning Costing...

  • GradeQuick by Hunter Systems

    GradeQuick offers seamless integration with School Minder, customized reports and report cards, attendance management at the classroom level, a seating chart with student photos, and the most flexible grading options available. Because GradeQuick is...

  • School Budget Program by Kev Software

    The School Budget Program is a stand-alone solution that is designed to assist school offices with the task of tracking department budget allocations that are dispersed among various teachers. This application is designed to make routine tasks...

  • Librarian's Edge by Hunter Systems

    For over ten years, Hunter Systems has been providing affordable management software solutions to over 2,000 schools, churches, and non-profit organizations. Librarian's Edge is designed to provide maximum features and flexibility with a very...

  • Lunch Minder by Hunter Systems

    The Lunch Minder POS program offers your school the ability to automate your entire lunch program. The truly user-friendly program may be completely customized to accommodate the various pricing plans offered at your school....

  • Master Scheduling by Hunter Systems

    The Master Scheduling System (MSS for short) is a sophisticated series of programs designed to help you manage the academic scheduling process. MSS is a database, a scheduler, a report generator, and much...

  • School Minder by Hunter Systems

    School Minder is our highly-intuitive private school administration software program. School Minder represents a complete solution for your school's office. The main modules within School Minder perform the following administrative tasks: Student...

Your Educational Accounting Software Recommendations

Ready to find out which software solutions are best suited for your business? Great! Understanding that you are searching for your education organization gives us a good start. We’ve helped many companies find everything from single modules to full financial management systems. With a bit more information about your unique needs, we’ll narrow down to the choices meeting your specific functional requirements.

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