Head of accounts

[Arif Jamil]

What types of head of accounts are required while preparing accounts for a school

[shakilicma76]

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Arif Jamil</i>
<br />What types of head of accounts are required while preparing accounts for a school
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Collection - Morning Fees
Collection - AfterNoon Fees
Collection - Registration Fees
Collection - TC (Transfer Charges)
Collectoin - Admissin Fees
Collection - Annual Charges
Collection - Exams Fees,
Collection - Lab Fee, Computer Fee ...........
Security Deposit Payable - Student

Others account remain same. Some expenses you can open according to nature of transaction , i.e. staff welfare, student, welfare, zakat or non zakat fund, medical expenses, teachers training program.

I am working in a school and maintained above accounts on Peacthree Software.

Seperate Inventory Control Required whcih will be non-integrated.