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Finance

School accounting software that shows where your money goes

Replace the cash book and the file of vouchers (আয়-ব্যয় হিসাব খাতা) with one ledger of every expense and salary, and see fee collection beside it on the dashboard.

স্কুলের আয়-ব্যয় হিসাব

Updated  7 min read

School Accounting Software
On this page
  1. The problem: nobody can say where last month's money went
  2. How EduFusion solves it
  3. What's inside EduFusion's school accounting software
  4. How it works
  5. Why EduFusion for school accounts
  6. School accounts: EduFusion vs Excel vs a cash book
  7. Who it's for
  8. Frequently asked questions about school accounts
School accounting software in EduFusion is a ledger of the money your school pays out: teacher salaries and every other expense. You record expenses by category, salaries arrive from payroll, and totals, filters and a date range show where the money went. Fee income shows on the dashboard, and your accountant still keeps the books.

The problem: nobody can say where last month's money went

In many schools in Bangladesh, spending is written in a cash book, vouchers sit in a file, and teacher salaries live in a separate register. When the principal or the managing committee asks what was spent last month, someone has to add it all up by hand.

  • Vouchers end up in a drawer

    A bill paid in cash is easy to record and just as easy to lose. Months later, nobody remembers what the ৳3,500 was for.

  • No categories, no answers

    Without a category on each expense, "How much did we spend on repairs this year?" means reading every line of the cash book.

  • Salaries sit in another register

    Teacher salaries are kept apart from every other expense, so the month's total has to be put together by hand.

  • Month-end reports take days

    Copying the cash book into Excel before the committee meeting is slow, and one missed line changes the total.

How EduFusion solves it

EduFusion keeps one ledger of everything the school pays out. Each expense is recorded once with its category and date, and each salary payment you make in payroll joins the same list, so the totals are always up to date.

Before

A cash book, a file of vouchers and a salary register, added up by hand before every committee meeting.

With EduFusion

One ledger of salaries and expenses with totals at the top, a date range for any period and a CSV export for your accountant.

What's inside EduFusion's school accounting software

Everything the office needs to record what the school spends and show it clearly to the principal, the committee and your accountant.

A ledger of everything you pay out

The Unified Ledger lists every salary payment and every expense, with total outflow, salaries paid and general expenses shown at the top.

Track school expenses by category

Give each expense a title, amount, category, date and description. Choose Utilities, Maintenance, Supplies or Events, or pick Other and type your own name for it.

Teacher salaries added automatically

When you pay a salary in salary management, the payment appears in the ledger. Nobody copies it across from a register.

Filters, search and a date range

Show All, only Salaries or only Expenses. Search for any entry, and set a date range to see one month, one term or the whole year.

Filters, search and a date range

Transaction details and CSV export

Open any entry to see its details. Use Export CSV to open the ledger in Excel or share it with your accountant.

School income and expenses on the dashboard

The ledger lists only money going out. Fee collection shows on the dashboard, next to total expenses and this month's payroll status, with a date range picker.

School income and expenses on the dashboard

How it works

  1. Record each expense as you pay it: title, amount, category, date and a short description.
  2. Pay teacher salaries in salary management; each payment is added to the ledger.
  3. Open the ledger and set the date range, for example the first to the last day of the month.
  4. Filter to Salaries or Expenses, or search for a single entry.
  5. Export the ledger as CSV for your accountant or the managing committee.
  6. Compare fee collection with total expenses on the dashboard.

Why EduFusion for school accounts

  • Categories that fit a school

    Utilities, maintenance, supplies and events in taka, plus Other under any name you need.

  • Connected to payroll and fees

    Salaries come straight from salary management, and fee collection sits next to total expenses on the dashboard.

  • Works with your accountant

    EduFusion keeps clear records and exports them as CSV. Your accountant still keeps the books and prepares the returns.

  • Works on any device

    Record an expense at the desk on a computer or on a phone, with nothing to install.

  • Clear price, every feature

    From ৳2,499 a month for up to 200 students, with accounts, payroll, fees, results and everything else included.

  • Try it on your own data

    Use it free for 30 days. Record a month of expenses and salaries before you pay anything.

School accounts: EduFusion vs Excel vs a cash book

Excel is a good tool for a simple expense list, and many school offices keep their accounts in it today. Here is how the options compare for recording what the school spends.

Ways of keeping school expense and salary records
What you needCash book and vouchersExcel or Google SheetsSeparate toolsEduFusion
Record an expense with its categoryA line in the cash bookA row with a category columnDepends on the toolTitle, amount, category, date and note
Teacher salaries in the same listA separate salary registerCopied in by handUsually a separate payroll toolAdded when you pay
Totals for a monthAdded up by handEasy with SUM, if every row is inExport and combineAt the top of the ledger, with a date range
Find one paymentTurn the pagesSearch and filters work wellSearch each toolSearch, filters and a date range
Fee income beside spendingA separate fee registerAnother sheet or fileDifferent toolsBoth on the dashboard
Share with your accountantPhotocopy the pagesShare the fileExport from each toolExport CSV
Double-entry books and tax returnsDone by an accountantDone by an accountantAccounting softwareNot included: your accountant does it

Who it's for

Any school, college or coaching centre in Bangladesh that pays its own bills and salaries from the office and wants a clear record of where the money goes.

  • The accounts desk, which records bills and salary payments every day.
  • The principal or owner, who wants this month's spending and fee collection without waiting for a report.
  • The managing committee, which asks for spending by category before each meeting.
  • Your accountant, who gets a clean CSV file instead of photocopied pages.

Frequently asked questions about school accounts

How do I maintain school accounts with EduFusion?

Record each expense with its category and date, and pay teacher salaries from salary management; both appear in one ledger of money going out. Fee collection shows on the dashboard, and you can export the ledger as a CSV file.

Does it replace our accountant?

No. EduFusion keeps clear records of expenses, salaries and fee collection, but it isn't a full double-entry accounting system and doesn't prepare tax returns. Give your accountant the CSV export.

Can I see one month only?

Yes. Set a date range on the ledger, for example the first to the last day of the month, to see only that period. The dashboard has its own date range picker too.

Are teacher salaries included in the ledger?

Yes. Every salary payment you record in salary management appears in the ledger next to general expenses. Filter by Salaries to see them on their own.

How do I see school income and expenses together?

Open the dashboard: it shows fee collection and total expenses side by side, with a date range picker. The ledger itself lists only money going out, so fee income is never mixed into it.

Can I keep school accounts in Excel instead?

Yes, Excel works for a short expense list, and many schools start there. EduFusion adds salaries from payroll for you, and Export CSV gives you the ledger back as a file that opens in Excel.

Written by Shahin Alam, founder of EduFusion
Every detail on this page was checked in the EduFusion app.

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