Advanced Accounting
Let FACTS become your accounts receivable subsidiary ledger and become more efficient in your day-to-day. Advanced Accounting is flexible to meet your school’s needs.
Single System for All Accounting Needs
Comprehensive Financial Tracking
Advanced Accounting links general ledger codes to your bank accounts, institution accounts (charges), and adjustment reasons (credits) and houses all tuition and fee activity.
Streamlined Accounting Processes
Integrate with FACTS Tuition Management to create a unified platform for financial management and eliminate the need for manual data entry across multiple systems.
Increase Efficiencies
No matter the accounting software you use, your FACTS journal entry report will be used to enter summarized journal entries into your general ledger.
FACTS Advanced Accounting Supports:
K-12 Education
Efficient Accounting. Time Saved.
By serving as your school’s accounts receivable subsidiary ledger, Advanced Accounting streamlines your daily tasks and removes the need for redundant data entry. Our seamless integration with popular platforms such as QB Desktop, QB Online, Sage Intacct, and Aplos provides flexibility and ease of use, freeing you to focus on other critical tasks.
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Accounting in One System
All charges, credits, and payments are housed in FACTS, producing accurate reporting and simplifying audit preparation.
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Comprehensive Financial Reporting
Generate reports on tuition and fee collections, outstanding balances, and financial performance metrics, helping your school better manage financial resources.
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Enhanced Accuracy and Compliance
Centralizing financial data and automating processes makes it easier for your school to maintain accurate records and adhere to regulatory requirements.
Learn More About Advanced Accounting
2
K
K-12 schools currently use Advanced Accounting to streamline their financial accounting and reporting.
Switching our Accounts Receivable structure to FACTS Advanced Accounting has made our accounting system more efficient and manageable. Our delinquency management plans & policies are easier to implement because of the accessibility of the data that FACTS provides in real time. It is very user friendly for us and our families. Customer service is also very helpful whenever we need assistance. Thank you, FACTS, for making my job a little easier!
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