Guide for Finances

Welcome to the LINC-ED Guide for Finances.

1. Set up your Finance Options
2. Ledger Codes and Activities
3. Debit Transaction Processing
4. Credit Transaction Processing
5. Debtors' Reporting
6. Statement Printing/Emailing
7. Viewing Statements Online
8. Online Payment System
9. End of Year Finance Processing

Finance Module Overview 

The Finance Module in LINC-ED is created for the sole purpose of billing students for expenses (fees and activities) incurred throughout the year and processing the payments made to cover these expenses.  It is envisaged that a school will also have an Account Package for the processing of non-student accounts, budgeting and financial reporting.

To access the Fees and Activities area in LINC-ED a person will need administration access.

Accounting Package Postings

As the Finance Module is a feeder into the school’s Accounting Package it has been designed to provide an accurate account of all transactions entered into LINC-ED in a format that can easily be transferred to the external Accounting Package.  This is done via a range of reports.

Audit Trail

To assist in the financial protection of both the school and staff, transaction processing has, where possible been designed in such a way as to produce an audit trail.  This can result in some processes being more complex but more secure.