by Jennifer Hennig | Mar 28, 2022 | Family Accounting
Enabling the ledger lock allows centers to prevent all users from editing existing ledger items or posting new ledger items after the reporting period has been closed by the financial team. The ledger lock will ensure the accuracy of the reconciliation of a...
by Jennifer Hennig | Feb 12, 2021 | Family Accounting
Retiring old Charge/Credit Descriptions Family Accounting After a number of years you may want to delete or remove older Charge/Credit descriptions that you no longer use. You cannot delete them because they are on older ledgers, but you can “retire” them...
by Jennifer Hennig | Jun 3, 2020 | Family Accounting
Show billing calculations to parents right on their statement anywhere customer statements are available (emailed, printed, online). This is perfect to show how charges were determined for late pickups, drop-ins, extra hours, and so forth. Download sample report...
by Jennifer Hennig | Mar 23, 2020 | Expense and Ledger, Family Accounting, Payroll, Settings
Within Region Options (image below), in the General section, you may select the Accounting Type as Cash or Accrual. As a general definition, cash accounting recognizes income or expenses on the date cash is received or transferred. Accrual accounting recognizes income...
by Jennifer Hennig | Nov 20, 2018 | Family Accounting
For franchise locations, use the Royalties Reports to calculate revenue-based royalties and advertising fees using your specific rates. There are several versions available under Reports > Standard Reports > Family Accounting > Charge/Credit Summary. Hint: If...
by Jennifer Hennig | Dec 12, 2017 | Family Accounting
Add a Formula Billing line to the billing box of many children at once. This is useful when first setting up child billing boxes or any time you want to add a new billing item to many children. For example, you can select all currently enrolled children and add a...
by Jennifer Hennig | Dec 12, 2017 | Family Accounting
Add a Contract Billing line to the billing box of many children at once. This is useful when first setting up child billing boxes or any time you want to add a new billing item to many children. For example, you could select all currently enrolled children in a...
by Jennifer Hennig | Oct 27, 2017 | Family Accounting
The Customer Statement that parents receive includes typical contact information (at the top) such as the name, address and phone number of the center, as well as an email address, tax ID number, and the center’s logo. You may change this information or simply...
by Jennifer Hennig | Oct 25, 2017 | Attendance Tracker, Family Accounting
This article briefly describes how to set up and charge a late pickup fee to all families whose children were checked out past a specified time (closing time) and assumes you are using the Attendance Tracker module. If you need help for your specific situation, please...
by Jennifer Hennig | Sep 25, 2017 | Family Accounting
Family Accounting Rules: For each ledger, payments are applied to the earliest balance due. Credits are applied on their post date (NOT the earliest charge or balance due). Credit balances are not aged. A credit balance for any given date range will display in the...
