Accounts
Every rupee in and out, with a voucher.
Cash and bank accounts, expense and income vouchers and a day book. Fee collections and payroll post into it automatically, so the principal sees one true balance.
- Cash and bank accounts with opening balances
- Expense vouchers for bills, salaries, stationery and repairs
- Day book, cash book and monthly income against expense
- Voucher corrections are approved by a second person
In more detail
01
Posts itself
Fee receipts and payroll runs land in the books without double entry.
02
Printed vouchers
Ruled, monochrome vouchers with prepared by, checked by and signature lines.
03
Append-only
A mistake is reversed and re-entered, so the history shows exactly what happened.