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A daybook is a descriptive and chronological (diary-like) record of day-to-day financial transaction. Schools and Educational Institutions maintain day book. The daybook's details must be entered formally into journals to enable posting to ledgers.
The Schools accounts Daybooks include:
MarvelSoft SchoolAdmin provides accounts and daybook module to maintain day to day trasactions in educational institutions such as fees collections, salary payment, bank deposits, bank withdrawals, cash payments, cash receipts, expenses payments etc.,
MarvelSoft School Management software also provides petty cash book to record small value purchases. Items such as coffee, tea, birthday cards for employees, stationery for office working, postage, maintainance etc can be listed down in the petty cash book.
MarvelSoft school administartion software provides ledgers record accounts. These accounts are recorded separately showing their beginning/ending balance. The ledger also sums up the total of every account which is transferred into the balance sheet and income statement. There are 3 different kinds of ledgers that deal with book-keeping. Ledgers include:
MarvelSoft SchoolAdmin enables Schools and Colleges to maintain Online bookkeeping, or remote bookkeeping, allows financial information and data to reside in schooladmin web-based applications which allow remote access for bookkeepers and accountants. All entries made into the marvelsoft online administration software are recorded and stored in a secured way on the amazon servers in cloud. The online software can be accessed from any location in the world and permit the bookkeeper or data entry person to work from any location with a reliable internet connection.