A Must Have Tool for School Administrators

FINACS is an accounting software specially designed for schools that require a complete, powerful yet easy to use accounting engine. Designed for educators by educators, Finacs is suited for private, public, and international schools of all sizes and complexities. FINACS revolutionizes student billing, financial accounting and reporting, to maximize revenue collection.


  • Simple and easy installation
  • User customizable screen colours
  • Extensive right click menu actions
  • Multilingual facility and custom menu captions and labels
  • Dual currency handling and handy currency calculator
  • Reminders and to do notes
  • Pre-defined excel format to import other entities
  • Drill down facility in all the reports
  • Online help
  • Rich and truly helpful screens
  • Tabbed design and intuitive visual work flow screens
  • Shortcut keys, easy navigations, and global search
  • Field defaults for easier data entry
  • Back up scheduling
  • User access rights
  • Reports exporting to Excel, PDF, CSV and text format
  • E-Mailing facility
  • Custom report generator tools like report writer and financial report


Student Billing

  • Dual currency
  • Multiple guardians or sponsors for a student
  • Flexible definition of 'tuition charges'
  • Dispatch invoices - bulk printing and emailing of invoices to guardians or sponsors

Accounts Receivable

  • Provision to create 'customers' other than 'student sponsors'
  • Facility to import customers from Excel
  • Cash and bank receipts
  • Dual currency calculator for international schools

Purchase and Accounts Payable

  • 'Individual' and 'multiple' payment option
  • Check designing and printing
  • Aging reports with provision for user definable aging buckets
  • Facility to import items and vendors from Excel

General Ledger

  • Chart of accounts structure - 'n' levels with import from Excel
  • Funds, fund groups, and cost centers
  • Recurring journal voucher template
  • Petty cash transactions
  • Facility to receive money in multiple currencies in a single transaction


  • Budget based on any combination of account, fund and cost center
  • Different flexible options to create the budget
  • Validation conditions to warn, prevent or to override the budgeted amount
  • Define budgets using previous year budget balances


  • Setting of the language of the application
  • Setting of the colors for every screen
  • Definition of layouts for check printing
  • Customize preferences
  • Import transactions for ledger from Excel/CSV file


  • Personal records of employees
  • Any number of user definable payment and deduction heads
  • User manageable formula for calculations
  • Tax table imports
  • Pay checks generation

Fixed Assets

  • Assets groups and types
  • Depreciation by 'straight line' and 'declining balance' methods
  • Monthly/yearly depreciation options available
  • Automatic journal entry generation of depreciation
  • Asset register and asset history


  • Multiple reports for each module in FINACS
  • Provision to create customized transaction wise or account wise reports
  • Provision for accessing reports created from report generator tools

Contact Us



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  • Headquarters:
  • 200 Metroplex Dr, Suite 302
  • Edison, NJ 08817
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  • Development Centre:
  • #983-985, 7th Cross, 24th Main, HSR Layout,
  • 1st Sector, Bengaluru - 560 102
  • Karnataka, India