Another exciting School Forum took place on 24 March 2022.
Another exciting School Forum took place on 24 March 2022. Ms Jacky Booysen did a presentation in the Rise school management system, a one stop cloud system for schools.
This time schools from the Western Cape province came to attend to see how the Rise school management system works.
Schools have been using the Rise system in their daily financial, administration and communication processes.
The main theme of this forum was cash vs accrual accounting. Most accounting systems use accrual basis. Schools however work daily based on the cash approach. How do these two approaches marry?
In the Rise system due to the above it empowers schools to use both cash basis and accrual basis.
1. Cash basis vs. accrual basis reporting.
2. Income Statement cash basis and how to drill down.
3. Income Statement accrual basis and how to drill down.
4. Customizing statements with terms of payment and school's banking details.
5. Viewing learners' upcoming birthdays, males and females stats per class, grade and a whole school.
6. Viewing A/R aging per grade and as a whole, to report to SGB.
7. Drilling down in the 043-Form into any account and checking for unlinked accounts.
8. How to do a textbook issue, return or audit
To learn more what schools say about the Rise school management system, here are more details.