Finance management is the school’s ledger: heads of account, budgets against them, receipts from fees, payments out through expenses, and a nightly reconciliation to Tally or Zoho Books so the accountant works from the same numbers as the office rather than a monthly export.
It is not a replacement for your accounting software or your auditor. It is the operational ledger that reconciles to them.
Two systems of record for money is the normal state of an Indian school: fees in one, books in another, reconciled monthly by a person who knows where the discrepancies usually are. It works until that person leaves.
A gateway settlement that does not match the receipts issued is a discrepancy of one day’s size if it is caught the next morning, and a year’s size if it is caught in the audit. Reconciling nightly means the question is always about yesterday, when somebody still remembers what happened.
A budget approved in April and next consulted in March is a document, not a control. Held per head with actuals posting against it as they occur, it becomes a mid-year question — this head is at eighty percent in October — which is a conversation the trust can still act on.
Phrased the way they arrive, answered so each one stands on its own.
Almost certainly, and you should keep it. This is the operational ledger that reconciles to it nightly, not a replacement for statutory accounting.
Fee management is money owed and collected from families. Finance management is the ledger both that and expenses post into, plus budgets.
Yes, with each campus’s own position underneath, provided heads of account are defined at the trust so the consolidation means one thing.
Checked by the Implementations desk on 6 September 2026. Corrections go in the page, dated, rather than quietly.
Pricing is on the page, in the open, with the counting rule written next to it. Nobody has to book a call to find out what it costs.
See pricingForty minutes with an implementation engineer — your classes, your fee heads, your grading scheme, entered as we go. No slides, no sample school.