How can I use StudioSchool Pro with my accounting program?
StudioSchool Pro is designed to be used as a “Receivables Module” in coordination with an accounting program such as QuickBooks or MYOB. StudioSchool Pro tracks Income and Payments from class registrations and donations, as well as various deductions such as scholarships, discounts, and other adjustments. To do this, during initial setup, the user creates a Chart of Accounts that matches that of their accounting application, for example, Tuition Income 4-4100, Faculty Discounts 5-5200, etc. When a transaction occurs such as a class registration or donation, StudioSchool Pro creates individual transaction records for tracking each portion of the transactions. For example, a class registration having a registration fee, class fee, scholarship and material fee, would have a separate transaction record for each part, as is normal accounting practice. Similarly, other interactions such as donations, payments, refunds, etc., are tracked in the General Ledger. The Income related transaction r
