Schar Outsource Helps - - - - 7013-01 ZZar

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                            TO:  Interested School Ministries                                                                                               FROM: Jim Bramer, Retired CPA-Auditor
                                                                                                                                                                                         FILE: 7013-01/schar

                            RE:  Schar and Outsource Helps                                                                                                UPTD: May 02, 2008

     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 02, 2008

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        (1) An Online document, or WRIT (Writing), may be applicable to all Ministries, or it may be designed for just groups like: Evangelical Church, School, Missionary Agency or Organization, Christian Camp / Conference, or other named group.
        (2) WRIT formats include the perspective of   Jim@bcidot.org   via IOMs (Inter-Office Memos) to the Ministry Finance Team (MFTeam); THRDs, a hypothetical Online conversation with members of the MFTeam; GLEANINGS, or Scripture within context of the MFTeam; FWIW; A periodic editorial (For What it is Worth); TRUISM, or believed Ministry Finance principles; and via FAQ, response to Frequently Asked Questions