Why PS Financials adds up for the education sector

Focus on Education Accounting...

Managing the finances of an educational establishment involves factors that no other sector has to contend with, from the calculation of partial VAT, specialist reporting and analysis, transparency of information (combined with per-user control over information access)...and much more. Knowing this, PS Financials has tailored its accounting solutions for schools, academies and other educational establishments.

Flexibility...

As the sole supplier of PS Financials accounting solutions, Wanstor is uniquely placed to outfit your educational organisation with:

  • Unlimited views of all accounts
    Your users need varying information and you need them to have varying access to that information. With PS Financials in place, you can streamline your information flow to the needs of individuals such as DCSF, SORP, GAG, SoFA, Trustee, Department Heads and funders, among others.

  • Controlled invoicing for extracurricular activities
    The charges and payments of students can be easily monitored with easy-to-create extra accounts.

  • Integrated Project Costing and asset register
    Not every relevant piece of data is a figure. With a Wanstor PS Financials solution, you can register any type of information against a project, including payment phases, staff involvement and milestones, as well as assets such as purchase dates, serial numbers and warranties, maintenance schedules, safety tests and much more.

Additionally your PS Financials system thinks beyond the financial year, and can provide analysis and reporting across any time-scale you define, freeing your project management accounting from the traditional limitations of accounting packages.

Call: 0207 592 7860 (PS Financials Accounts Team) for more information and to discuss your needs.

Scalability...

PS Financials provides a centralised accounting system and purchase ledger that can relate to one institution or any number of sub-institutions, giving you the ability to maintain invoice control for each school/academy without the need to make multiple payments to the same supplier.

Additionally your Wanstor PS Financials solution allows specific accounting functions to be handled either centrally or at individual school-level - unusual functionality which lets you devolve responsibility to your sub-institutions on a case-by-case basis, with clear granularity of data from beginning to end.

PS Financials Benefits

  • Head teachers and departments can receive detailed management reports from PS Financials as needed, or on demand.

  • Produce reports by date ranges beyond year ends or traditional accounting periods. Report per-term, bi-yearly...any way you need!

  • Automatic reconciliation of bank accounts - simply import your statements into PSF electronically.

  • Integrated and easy-to-use purchase control, completely configurable and with full history archiving - yet still usable for 'non-accounting' staff.


Call: 0207 592 7860 (PS Financials Accounts Team) for more information and to discuss your needs.





The accounting software of choice for UK education

PS Financials has been chosen as the accounting, purchasing, budgeting and reporting solution for over 250 Academies Since its launch in 2003, now with over 40% of the available market, including:

  • Sponsored Academies
  • Converter Academies
  • All-Through Academies
  • Primary Academies
  • Secondary Academies
  • Hard and Soft Federations
  • Boarding Academies
  • Free Schools
  • Maintained Schools

Computer education

The confidence of the best...

Powered by Microsoft SQL Server 2000 and 2005, and having won numerous awards (including being voted top product in its class in Charity Finance magazine in 2008/9), PS Financials' position as the accounting software of choice for UK educational institutions is getting stronger every day.

Microsoft SQL Server 2005

For more information call
0207 592 7860

...and ask for the PS Financials Account Management Team.

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