FTS School, built on the foundation of FTS Accounting software, provides a comprehensive solution for educational institutions to control finance and cash flow. The system is designed in accordance with national accounting standards and shares data with school operational modules such as: Tuition, Canteen, Cafeteria, Budget, Sales, Uniforms, Payroll, enabling automatic posting, automated ledger and financial report generation according to regulatory standards and management requirements. This minimizes manual operations and ensures transparency – accuracy – professionalism.
1. Full Management of Accounting and Financial Operations
- Complies with State Accounting Regime or current regulations (TT 200, TT 133, etc.)
- Fully supports accounting operations:
- Cash and bank deposits
- Accounts Receivable & Payable
- Purchases
- Sales
- Inventory Management
- Fixed assets and tools & supplies
- VAT accounting
- Cost and product costing accounting
- General Accounting and Financial Reporting
- The interface is user-friendly, clearly structured, supports multiple languages, and all vouchers allow fast data entry via Excel import.
- Vouchers can be traced across multiple levels and criteria, easily tracking from summary reports → detailed reports → source vouchers.
Refer to detailed accounting and financial features in the software here!
2. Automatic Posting from School Operational Modules
- Automatically generates accounting vouchers and journal entries from modules:
- Tuition collection and settlement
- Meal attendance and cafeteria cost settlement
- Sales at canteen or school stores
- Inventory in/out, retail of uniforms and school supplies
- Reduces up to 80% of manual data entry, improving accuracy and efficiency.
3. Complete Ledger and Financial Report Generation
- Automatically generates general ledger, subsidiary ledgers, and statutory financial statements.
- Also automatically produces management and operational financial reports using data from school modules according to each school’s requirements.
- Provides detailed analytical reports by expense items, activities, or profit/loss reports for projects, grade levels, and classes to support school administrators in evaluating financial performance and adjusting operational plans.
4. Multi-Unit and Multi-Campus Management
- Supports a centralized management model , suitable for inter-level schools, multiple campuses, and branches. See detailed centralized model here!
- Separate ledger management for each campus
- Profit and loss reporting for each campus and the entire network