Barker Associates ’s Post

A recent study revealed that 72% of schools face significant challenges with manual fees processing. This process, which includes bill creation, invoicing, receipt generation, and other payables, can overwhelm administrative staff, leading to lost time and fatigue. At SchoolRevs, we understand the unique financial management challenges that schools encounter. To address these issues, we developed SchoolTeller.ng, an all-in-one solution designed to streamline school fees collection, settlements, and reconciliations, making the process seamless. SchoolTeller.ng simplifies the collection, settlement, and reconciliation of school fees, reducing administrative burden and enhancing efficiency. This platform is completely free to use, requiring no subscription fee. Experience the difference for yourself! Schedule a quick online or onsite demo to discover how SchoolTeller.ng can revolutionize your school's financial management. Join institutions like St. Leo's Catholic School, Loyola Jesuit College, St. Finbarr's College, Pan-Atlantic University, and numerous others in enjoying the benefits of SchoolTeller.ng.

Sandal Primary School is a local authority school serving 450 students. The school is housed in a large building, once a secondary school, which presents both opportunities and challenges. The building requires significant maintenance, and as a result, Sarah Lester, the School Business Manager, must carefully manage the school’s budget to accommodate ongoing premises upkeep, as well as other significant operational costs. In this customer story, we sat down with Sarah as she shared her experiences with the school’s previous financial management software, and how the introduction of Access Education Finance has modernised Sandal’s operations. 👉https://ow.ly/LTY450UONIZ #Education #EdTech #SchoolFinance #Finance #EfficiencyInEducation

Proudly Earned My NJ FLAP Certificate in Financial Literacy! Empowered in Financial Literacy! Completed NJ FLAP Program. I'm excited to share that I've recently completed the NJ FLAP - Financial Literacy Awareness Program! This program provided valuable insights into personal finance management, budgeting, and responsible saving strategies. The NJ FLAP program equipped me with the knowledge and confidence to make informed financial decisions for my future. I highly recommend this program to anyone looking to improve their financial literacy! #NJFLAP #FinancialLiteracy #FinancialGoals #InvestingInMyself

University financial reporting often creates a useful confusion by emphasizing fund accounting, which manages individual funds rather than providing a clear picture of overall income and expenses. This approach obscures key relationships between income sources and expenses, making the institution’s financial structure and programming less transparent compared to commercial business accounting. As nonprofit entities, universities do not focus on annual profit reporting. Instead, they demonstrate to various stakeholders how funds from specific sources are used, rather than presenting a comprehensive view of financial health, such as through traditional balance sheets.

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"Teaching personal finance in high school is a critical step in ensuring our students are prepared for the future," says state education officials. With 26 states, including California, now requiring a personal finance course, our kids will graduate with the financial literacy skills they need for a successful future. This milestone means our students will learn essential life skills such as budgeting, saving, investing, and managing credit. Parents and educators, let's celebrate this step towards empowering our youth with the tools they need to thrive in the real world! What other subjects would you like to see taught in public schools? Share your thoughts below! 🔗 Read more about this significant development: https://lnkd.in/gi533GH2

Do you know what an educational trust is? An educational trust is a legal arrangement in which a grantor places assets into a trust to be used specifically for the educational expenses of designated beneficiaries. The trust is managed by a trustee who ensures that the funds are distributed according to the grantor's instructions, which can include paying for tuition, books, housing and other related costs. This arrangement not only provides a clear and controlled method of funding education but also offers potential tax advantages and asset protection benefits. Want to learn more about how this powerful tool may be able to fit into your family’s financial strategy? Read my most recent article – “𝐓𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐎𝐟 𝐒𝐞𝐭𝐭𝐢𝐧𝐠 𝐔𝐩 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐓𝐫𝐮𝐬𝐭𝐬” – by clicking here: https://lnkd.in/e5Gh4APA Please note: Neither Raymond James Financial Services nor any Raymond James Financial Advisors render advice on tax or legal issues. These matters should be discussed with the appropriate professional. #backtoschool #collegeplanning #collegefunding #educationaltrusts #familyfinances #financialadvisor #financialplanner #wealthmanagement

Ever wonder how school districts handle their finances, especially when it comes to charter schools? Unlike other government entities, school districts are not commonly associated with reporting component units. However, they are increasingly confronted with the intricate decision of whether charter schools qualify as such. This assessment is complex due to the distinctive characteristics of charter schools.#EducationFinance #CharterSchools #GovernmentAccounting