School, College, Educational Institutions & Industry Specific Solutions

Accounting Software for Schools and Colleges module is complete accounting software that enables effective management of a school, college or institute. All Types of accounting transactions can be tracked by using this module and it reflects in books of accounts automatically. Accounting module in TallyPrime is so reliable and powerful that you will never need to use any other accounting software with it. Not only posting of vouchers, you can also maintain complete student profile.

With this school and college accounting software, you can easily create reports such as Cash Book, General ledger, Bank Book,  Profit & Loss Account, Trial Balance, Income and Expense Account and Balance Sheet. Accounting module keeps track of various expenses made by the school or institution. It also has the facility to generate and print vouchers, which are an essential document for accounts. The accounting module is available for all types of schools, colleges, educational institutes, coaching centers and industry specific solutions.

This module is an important component of our school management system, college management system, institute management system and industry specific solutions.

Features of School and College Accounting Software:

Here is the list of features for school and college accounting software:

  1. Easy to use

TallyPrime for School & Colleges is software which is very user-friendly and easy to use. The accounting module in this software helps to view all the operations and reports with just one click or key-press.

  1. Cost Saving

TallyPrime for School & Colleges is not very expensive as compared to other software solutions. It is designed for the purpose so that not only all the large institutions but also small schools can easily maintain their accounts at the reasonable price.

  1. Maintaining records

With TallyPrime for School & Colleges, you can easily maintain the records for different financial years with high level of security and accuracy.

  1. Automatic report generation

Once you enter the data related to receipts and payment in TallyPrime for Schools and Colleges, it will automatically generate reports like trial balance and balance sheet Etc.

College, Institute, & School Accounting Software workflow:

The current workflow in school and college accounting software is:

Step 1: Ledger creation/Master Creation

You can easily create Student Masters, ledger accounts for all the suppliers and vendors of the school or college.

Step 2: Posting Accounting entries

In this software you can create the following accounting transactions:

Accounts Vouchers

Student Fee Receipt




Debit/credit note

Detail payment/ Student Fee Receipt

Bank Reconciliation Etc.

Step 3: Reports

The reports generated automatically by the accounting module are:


Trial Balance

Final Books

Profit/loss statement

Balance sheet

Income/ expenditure statement

Books of accounts

Ledger (multiple accounts)

Cash/bank book



Sale register

Purchase register

Bank Reconciliation Statement

Student Fee collection Analysis

Student Fee Receivable amount

Payable amount

Collection Sheet

Student Fee Receipt report

Student Fee Outstanding Report Etc.