| Accounting software is necessary for private | | | | we now have accounting software for schools |
| school owners that do not have bursars or | | | | that can equally do the work of accountant |
| accountants in their employ. This software which | | | | where one is not available, or where the available |
| is tailor-made specially to serve the accounting | | | | accountant is over loaded with work. The private |
| needs of a school or a group of schools such as | | | | school owners should consider making use of this |
| nursery, primary and secondary schools would | | | | software so as to maintain good accounting |
| provide solution to the various accounting | | | | records in their schools. The use of the software |
| problems facing some schools, especially, the | | | | is by far cheaper than the employment of |
| private schools. | | | | accountants. It is capable of handling the various |
| The number of nursery, primary, and secondary | | | | financial transactions of the private schools, such |
| schools owned by private individuals is on the | | | | as receipts and payments. It can also prepare the |
| increase, especially in the developing countries. A | | | | various accounts for the schools such as the |
| common feature among these private schools is | | | | opening statement of affairs, the receipts and |
| that many of them do not have accountants. | | | | payments accounts, the income and expenditure |
| What many of the school proprietors do is to | | | | account, and the balance sheet. From the above |
| simply employ accounts clerks or make their | | | | mentioned accounts, The software can also |
| secretaries do some book-keeping work for | | | | ascertain the cash balance, the bank balance, the |
| them. The reason why they do this is to save | | | | accumulated fund, the surplus if any. |
| cost. Consequently, many of such private schools | | | | This accounting software will surely provide the |
| usually end up not having good accounting system. | | | | private schools with the relevant accounting |
| Such acts directly or indirectly bring some | | | | information needed for efficient running of the |
| negative effects in the management of the | | | | schools. It will make an invaluable accounting tool |
| private schools. | | | | to the private schools in the developing countries |
| The good news for these private schools is that | | | | in particular, and in fact, to all schools in general. |