Institutional Finance Management

Institutional Finance Management
Institutes can set up their chart of accounts including ledgers, subledgers, etc. Accounts can also be classified as cost centers, profit centers, income accounts, expense accounts etc. Account details can be modified by authorized personnel only through Institutional Finance Management software.
The various types of fees set up by the institute can be mapped to their respective accounts from the chart of accounts. Accounting functions are tracked accordingly.
Periodic financial statements including the P&L statement, balance sheet, and cashflow statement are generated. Detailed financial reports can be generated by authorities to track and monitor the institute’s finances and cashflow. This will help to make informed decisions.
Deskera’s Institutional Finance Management system has the ability to generate and maintain invoices and receipts for all financial transactions.
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