Finance Management

School finances, finally under control

schoolcare Finance replaces the fee registers, petty-cash notebooks, and disconnected accounting software with a single, integrated financial management system — designed around how African schools actually operate.

Term 2 Financial Summary Jan – Apr 2026
₦42,800,000
Total term fees expected
Collected
₦34,240,00080%
Outstanding
₦6,420,00015%
Overdue (60+ days)
₦2,140,0005%
Expenditure
₦28,900,000
₦0
In manual fee registers once you switch
60%
Reduction in fee collection time reported
Auto
Invoice generation for every student
Real-time
Financial reporting, always up to date
Fee Management

Every student's fees, tracked automatically

Configure your term-by-term fee structure once. schoolcare generates invoices for every student automatically — grouped by class, scholarship, or payment plan.

Auto-generated invoices

Fee statements are created at the start of each term for every enrolled student. No manual data entry — ever.

Scholarships & discounts

Apply staff discounts, scholarship reductions, and sibling concessions automatically at the student profile level.

Instalment plans

Agree payment plans with families. Track each instalment's due date and send automatic reminders when deadlines approach.

James Hope Academy
Fee Invoice · Term 2, 2026
Unpaid
EN
Emeka Nwosu
JSS 2A · Roll #00412
Tuition Fee₦85,000
Development Levy₦12,000
ICT Fee₦5,000
Sibling Discount (10%)-₦10,200
Total Due ₦91,800
Debtor Management

Chase outstanding fees systematically — not manually

schoolcare's debtor module shows you exactly who owes what, for how long, and triggers the right automated reminder at each stage — so your finance team focuses on relationships, not chasing spreadsheets.

Student Class Amount Due Age Last Reminder Action
Chidinma Eze SSS 2B ₦91,800 62 days 3 days ago Send escalation →
Babatunde Olatunji JSS 1A ₦45,000 34 days 7 days ago Send reminder →
Blessing Okeke SSS 1C ₦30,600 28 days 14 days ago Send reminder →
Amaka Ihejirika JSS 3A ₦18,000 On plan Auto View plan →
Budget vs. Actuals — Term 2
Staff Salaries₦18.4M / ₦19M
Utilities & Maintenance₦3.2M / ₦2.8M
Learning Materials₦1.8M / ₦2M
Transport₦950K / ₦1M
Budgeting & Expenditure

Know exactly where every naira goes

Create annual and termly budgets, log expenditures against budget lines, and see real-time variance reports. Never be surprised by where money has gone.

Budget builder

Set budgets by department, cost centre, or term. schoolcare tracks spending against each line item in real time.

Expenditure logging

All outgoings are logged with supplier, category, approval status, and payment method — creating a clean audit trail.

Variance alerts

Get alerted when any budget line is at risk of overspend — before it happens, not after your accounts close.

Put your school's finances in order

See how schoolcare Finance replaces spreadsheets and disconnected accounting tools with one clean, integrated system — in a free demo.