Various Links on this Web Site:
ABOUT US | OUR PURPOSE | TABLE OF CONTENTS | SEARCH MATTERS | HELP DETAILS | FUND ACCTG VIA COMPUTERS | GLOSSARY
TO: Interested School Ministries
Bramer, Retired CPA-Auditor
RE: Schar and Outsource Helps UPTD: March 09, 2012
Elementary (and beyond) schools have Tuition and Fee Income for some nine months of the year. PreSchool/DayCare Fee Income usually have a weekly or hourly emphasis. Seldom do Christian Schools have a year round effort.
To manage this extremely important "next to cash" School Accounts Receivable (Schar) asset, we recommend the "Seven Schar TRUISMS" in 7010. We are even convinced that the over-all fiscal health of the School revolves around Schar Stewardship. Please go to www.renweb.com for some info about Schar ASP, or web services.
To best accomplish the "Seven Schar TRUISMs" in 7010 , we advocate the use of the accounting software known as QuickBooks (TM)(QB). We use the term qbSCHAR to indicate the School Accounts Receivable Schar portion of QB. We use the term ScharAge to identify the periodic report from QB which shows the age and amount yet unpaid per Parent. Click here and learn what the Evangelical Christian Credit Union (ECCU) has to offer Christian Schools.
Go to 0749 for School Samples and 0743 for Schar accounting samples.
Another way to "Schar Manage" is to use one of the resources listed below. We personally have not worked with any of these, but we know of no reason to believe that they would NOT serve you well.
FACTS TUITION MANAGEMENT
SMART TUITION MANAGEMENT SERVICES
TUITION MANAGEMENT SYSTEM - AFFORD
Please Click Here and go to some additional "Schar" resources out on this web site. This was UPTD: May 09, 2011