Education

Fees and accounting for schools and colleges

Invoice fees every term, let parents pay by paybill, and send statements that show exactly what is owed. Payroll for teaching and support staff is in the same books.

Made for

  • Private schools
  • Colleges and training institutes
  • Driving schools
  • Daycare and kindergartens
  • Tuition centres

What you'll use

  • Recurring invoices for fees
  • M-Pesa payments matched to students' invoices
  • Customer statements for parents
  • Payroll for teaching and support staff
  • Budgets per term or year

The problems

What gets in the way, and how MannaBooks fixes it

Fees paid with no reference

Parents pay your paybill with the invoice number as the account, so each payment finds its student.

Statements by hand

Each family's statement is ready at any time: invoices, payments and the balance.

Payroll at month end

PAYE, SHIF, NSSF and the Housing Levy for every teacher, with payslips on their phones.

A day with MannaBooks

How the work flows

  1. 1

    Start the term

    Fee invoices go out to every family.

  2. 2

    Receive fees

    Paybill payments match to invoices as they arrive.

  3. 3

    Follow up

    See who still owes and send reminders and statements.

  4. 4

    Pay staff

    Run payroll and pay salaries.

Worked example

A private primary school

320 pupils, with term fees of KES 35,000 each. Each family is a customer.

  1. 1.Term fee invoices are raised for every pupil on the first day of term.
  2. 2.Parents pay by paybill with the invoice number; payments match themselves.
  3. 3.Two weeks in, 80% has been collected and the rest shows on the aged receivables report.
  4. 4.Reminders and statements go to the families still owing.
Fees invoiced (320 × 35,000)KES 11,200,000.00
Collected in two weeks (80%)KES 8,960,000.00
Still owedKES 2,240,000.00

Education services are generally VAT exempt; set the fee item's VAT rate accordingly.

An illustrative example with made-up figures, not a customer.

Questions

Can I import all the families at once?

Yes. Import customers from a CSV file in Import and export; MannaBooks checks every row before anything is added.

More questions? Read the FAQ or talk to us.

Other industries

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