FTS School supports budget management, revenue and expense planning, and tracking the school’s budget execution.
Main functions:
- Budget planning: by academic year, department, project, or individual revenue and expense items.
- Track and comparison: reconcile actual figures with planned budgets to identify variances promptly.
- Budget report: statistics by period, category, and completion rate.
- Budget overrun alerts: automatically notify when expenditures exceed approved limits.
Advantages:
- Helps administration control expenditures effectively.
- Supports decision-making based on actual data.
- Transparency in financial management, especially for schools with multiple revenue and expense sources.
With this feature, FTS School is comprehensive financial management tool for the school.
