Accounts & Finance Suite

Total Financial Control
for Every School

The Accounts & Finance Suite empowers school administrators to efficiently manage every financial aspect of the institution — from student fee invoicing and expense tracking to integrated online accounting, payroll, stores inventory, and pocket money for boarding students. Gain complete transparency, eliminate manual errors, and drive smarter financial decision-making across your entire institution.

Backed by deep integrations with M-Pesa, major Kenyan banks, PayPal, PesaPal, Flutterwave, and global card networks, the suite ensures every payment channel your school or parents need is available — securely and in real time.

8
Finance Modules
15+
Payment Gateways
Real-Time
Reconciliation
100%
Statutory Compliant
A
Student Finance

Automated Fee Collection,
Zero Manual Errors

Automated Billing Seamless Integrations Smart Payment Management

The Student Finance module transforms the way schools handle fee collection and financial records. The system automatically generates invoices at the start of each term, records payments the moment they are made — whether via M-Pesa, bank transfer, or card — and updates outstanding balances in real time across all dashboards. Administrators no longer need to cross-check payment registers manually; every transaction is logged, timestamped, and reconciled automatically.

Customisable invoicing lets schools accommodate multiple fee structures — day scholars, boarders, scholarship students, and partial payers — all within the same system. Automated payment reminders are sent to parents via SMS and the parent portal before each due date, significantly reducing arrears and improving cash flow without uncomfortable manual follow-ups.

Automatic invoice generation — term fees, boarding charges, transport, and extras billed in bulk at the start of each term.
Real-time balance tracking — live outstanding balance per student, class, or year group with instant drill-down to individual transaction history.
Flexible discount & scholarship management — apply bursaries, sibling discounts, or staff child waivers per student or in bulk.
Automated payment reminders — scheduled SMS and portal alerts to parents on approaching due dates and overdue balances.
Digital payment receipts — instant printable and downloadable receipts sent to parents the moment a payment is confirmed.
Explore Student Finance
Student Finance — Term 3 2025
KES 4.2M
Collected This Term
KES 680K
Outstanding
94%
Collection Rate
Recent Payments
Grace Njeri — KES 45,000 (M-Pesa)
Paid
John Kamau — KES 62,000 (Bank Transfer)
Paid
Anne Wambua — KES 30,000 (Partial)
Balance KES 15K
Peter Odhiambo — KES 45,000 (Due)
Overdue
Fee Collection Progress94%
94% Collected
Automated Billing
Expense Management — November 2025
KES 214K
Total Expenses
18
Vouchers Issued
KES 8,400
Petty Cash Used
Expense Breakdown
Utilities & BillsKES 72K
Supplies & StationeryKES 48K
Maintenance & RepairsKES 55K
Alert: Maintenance budget 85% utilised
Warning
Petty Cash Float — KES 1,600 remaining
Healthy
Smart Alerts
Budget Monitoring
B
Expense Management

Every Shilling Tracked,
Every Expense Justified

Expense Tracking Smart Expense Alerts Payment Vouchers Petty Cash Management

The Expense Management module gives school finance teams a complete, centralised view of every outgoing payment — from major supplier invoices to small petty cash disbursements. Payment vouchers are created digitally and require appropriate approvals before being processed, building a clear audit trail that satisfies internal governance requirements and external auditors alike.

Petty cash floats are managed with opening balances, transaction logs, and automatic replenishment alerts when funds run low. Smart expense alerts notify administrators when a budget category is approaching its limit — preventing overspending before it happens rather than flagging it in a month-end report.

Digital payment vouchers — create, approve, and archive vouchers with multi-level sign-off workflows before any disbursement.
Bill management — log recurring and one-off supplier bills, track due dates, and match payments to outstanding invoices automatically.
Petty cash float tracker — maintain daily petty cash records with opening balances, disbursements, and automated low-balance alerts.
Budget variance reports — compare actual vs. budgeted expenditure by category, term, or department in real time.
Learn about Expense Management
C
Finance Management

Full Accounting Suite,
Built for Schools

Comprehensive Accounting Automated Statements Intelligent Monitoring

The Finance Management module provides schools with a complete online accounting system — covering assets, liabilities, the chart of accounts, journal entries, and bank reconciliations. Designed specifically for educational institutions, it presents complex accounting processes through an intuitive interface that finance officers can use confidently without needing a full accounting qualification.

Automated financial statements — including income statements, balance sheets, and cash flow reports — are generated on demand and can be exported for board meetings, audits, or ministry submissions. Intelligent monitoring flags unusual transactions, budget deviations, and unreconciled entries, keeping the school's books accurate and compliant at all times.

Full chart of accounts — customisable account structure aligned to standard educational institution accounting categories.
Asset & liability management — track fixed assets, depreciation schedules, and outstanding liabilities in a single ledger.
Automated financial statements — income statement, balance sheet, trial balance, and cash flow report generated in one click.
Bank reconciliation — match transactions against bank statements automatically, with exception reports for unmatched entries.
Audit-ready records — full transaction logs with user attribution, timestamps, and revision history for every financial entry.
Explore Finance Management
Finance Overview — FY 2025
KES 12.4M
Total Revenue
KES 9.1M
Total Expenses
KES 3.3M
Net Surplus
Balance Sheet Snapshot
Total Assets
KES 18.7M
Total Liabilities
KES 5.2M
Net Equity
KES 13.5M
Budget Utilisation (Operational)73%
Accounts Reconciled97%
Audit Ready
Auto-Generated Statements
Shule Pay — Payment Gateway Hub
15+
Payment Methods
Instant
Reconciliation
256-bit
SSL Encrypted
Today's Transactions
M-Pesa STK Push — Jane W. (KES 45,000)
Confirmed
KCB Paybill — Brian M. (KES 62,000)
Confirmed
PesaPal Card — Anne O. (KES 30,000)
Confirmed
Equity Bank EazzyPay — P. Mwenda
Pending
✓ All transactions auto-reconciled · KES 137,000 received today
Instant
Auto-Reconciliation
D
Shule Pay

Every Payment Method,
One Unified Platform

Versatile Payment Integration Petty Cash Management Instant Reconciliation 15+ Gateways

Shule Pay is Tiptons Analytics' built-in payment hub — connecting your school to every major payment channel in Kenya and beyond. Whether parents prefer paying via M-Pesa Paybill, M-Pesa Till, direct bank deposit, mobile banking, online card payment, or third-party platforms, Shule Pay captures every transaction in real time and auto-reconciles it against the student's fee ledger. No more manual bank statement matching or WhatsApp payment confirmations.

All transactions are encrypted with 256-bit SSL, PCI-DSS compliant, and carry instant digital receipts. Payment data flows automatically into the Finance Management module, eliminating double-entry and ensuring your books are always up to date.

Supported Payment Channels
M-Pesa Paybill
Mobile Money
M-Pesa Till
Mobile Money
Airtel Money
Mobile Money
T-Kash
Mobile Money
KCB Bank
Bank Paybill
Equity Bank
EazzyPay
Co-op Bank
MCo-opCash
NCBA Bank
Bank Transfer
PesaPal
Cards & Mobile
Flutterwave
Multi-Currency
PayPal
International
Visa / Mastercard
Card Payment
See Shule Pay integrations
E
Stores & Inventory

Complete Inventory Control,
Zero Stock Surprises

Inventory Control Smart Stock Alerts Predictive Reordering GRN Management

The Stores Module replaces manual stock registers with a fully digital inventory system that handles the entire procurement cycle — from raising purchase orders to receiving goods, issuing items, and tracking stock levels in real time. Every item received generates a digital Goods Received Note (GRN), creating an accurate, auditable record of all incoming stock with supplier details, quantities, and batch numbers.

Smart stock alerts notify the stores manager automatically when any item falls below its reorder threshold — eliminating the scenario of running out of critical supplies mid-term. Predictive reordering uses historical consumption patterns to suggest optimal reorder quantities, helping schools reduce waste and procurement costs over time.

Procurement management — raise purchase orders, track supplier deliveries, and log GRNs digitally for complete procurement audit trails.
Stock issuance tracking — log every item issued to departments or individuals, maintaining accurate stock-on-hand at all times.
Low stock & reorder alerts — configurable thresholds per item with automatic notifications to procurement staff when restocking is needed.
Stocktake & variance reports — periodic inventory count tools with automatic discrepancy flagging between physical and system stock.
Explore the Stores Module
Stores Inventory — Current Stock
342
Stock Items
8
Low Stock Alerts
3
Pending GRNs
Stock Status
A4 Printing Paper (500 reams)
In Stock
Exam Answer Booklets (48 remaining)
Low Stock
Biology Lab Reagents (12 units)
Reorder Now
Whiteboard Markers (240 pcs)
In Stock
Term Budget Utilised (Procurement)61%
Smart Alerts
Predictive Reordering
Payroll Processing — November 2025
48
Employees
KES 2.4M
Gross Payroll
100%
Compliant
Statutory Deductions Summary
PAYE (Tax on Employment Income)
KES 284,000
NSSF (National Social Security Fund)
KES 36,000
NHIF / SHIF (Health Insurance Fund)
KES 28,800
NITA (Industrial Training Levy)
KES 2,400
✓ All statutory deductions auto-calculated · Payslips ready for distribution
Auto PAYE
NSSF · NHIF · NITA
F
Payroll Module

Accurate Payroll,
Fully Compliant

Statutory Compliance Comprehensive Reporting Automated Payroll Processing

The Payroll Module handles the complete monthly payroll cycle for all school staff — teaching and non-teaching — with automatic calculation of every statutory deduction required by Kenyan law. PAYE is computed based on the current KRA tax bands, NSSF contributions follow the revised rates, NHIF/SHIF deductions apply correct income-based bands, and NITA levies are calculated per employee — all without any manual input or spreadsheet formulas.

Individual payslips are generated automatically and can be distributed digitally through the staff portal or printed for physical distribution. Comprehensive payroll reports include P9 forms, monthly deduction summaries, and remittance schedules ready for submission to KRA, NSSF, and NHIF/SHIF — saving the finance team hours of manual preparation every month.

Statutory Deductions Handled
PAYE — Pay As You Earn (KRA)
NSSF — National Social Security Fund
NHIF / SHIF — Health Insurance Fund
NITA — Industrial Training Levy
HELB — Higher Education Loans Board
Pension — Occupational Pension Schemes
Auto-generated payslips — individual payslips for every employee, distributed digitally through the staff portal each pay cycle.
P9 forms & remittance schedules — year-end P9 forms and monthly remittance summaries ready for direct submission to KRA and statutory bodies.
Learn about the Payroll Module
G
Accounting Integrations

Keep Your Existing Tools,
Supercharge Them

Accounting Software Integrations Seamless Data Sync Two-Way Sync

Many schools already use established accounting software for their financial reporting. The Advanced Integrations module allows Tiptons Analytics to connect directly to your existing tools — including QuickBooks, Xero, Tally, and Microsoft Dynamics Navision — so your school can benefit from the operational power of Tiptons without disrupting the accounting workflows your finance team already knows.

Data syncs automatically in both directions — fee collection records, payroll entries, expense vouchers, and GRNs flow directly into your accounting software without manual export or re-entry. This eliminates duplicate data entry, reduces reconciliation time, and ensures your auditors always have a single, consistent source of financial truth regardless of which platform they access.

QuickBooks integration — real-time sync of income, expenses, and payroll journal entries directly into your QuickBooks ledger.
Xero sync — map Tiptons accounts to Xero chart of accounts and sync transactions on a configurable schedule or in real time.
Tally & Navision — export-ready formats compatible with Tally ERP and Microsoft Dynamics Navision for enterprise-level school groups.
Open API access — for schools with custom ERPs or bespoke financial systems, a documented REST API enables tailored integrations.
Discuss Integration Options
Integration Hub — Connected Systems
4
Accounting Apps
Real-Time
Data Sync
Zero
Double-Entry
Connected Integrations
QuickBooks Online
Connected · Live Sync
Xero Accounting
Connected · Live Sync
Tally ERP
Export Ready
Microsoft Dynamics Navision
Export Ready
Data Sync Success Rate99.8%
99.8% Sync Rate
Zero Double-Entry
Pocket Money — Boarding Students
184
Boarding Students
KES 368K
Funds Held
Weekly
Disbursement
Recent Pocket Money Activity
Brian K. — KES 500 disbursed (Week 14)
Disbursed
Faith N. — KES 1,000 top-up by parent
Received
Peter M. — Balance KES 200 (Low)
Low Balance
Grace W. — KES 750 disbursed (Week 14)
Disbursed
Students with Active Balance96%
Full Transparency
Parent Visibility
H
Pocket Money

Secure Allowance Management
for Boarding Students

Student Allowance Management Automated Tracking Parent Visibility Low Balance Alerts

The Pocket Money module provides boarding schools with a structured, fully transparent system for managing student allowances. Parents can top up their child's account via any supported Shule Pay channel — M-Pesa, bank transfer, or card — and funds are credited to the student's pocket money wallet instantly, eliminating the need to send physical cash to school.

Schools configure weekly or bi-weekly disbursement schedules, and allowances are released automatically on the set day. Every transaction — top-up, disbursement, or deduction — is logged with full timestamps and visible to both school administrators and parents through the parent portal. Low balance alerts notify parents in advance when a student's funds are running out, ensuring no boarder is left without pocket money during the term.

Multi-channel top-ups — parents fund accounts via M-Pesa, bank transfer, PesaPal, or any other Shule Pay channel at any time.
Scheduled automatic disbursement — weekly or bi-weekly allowance releases configured per student or across the entire boarding cohort.
Parent portal visibility — real-time balance, full transaction history, and upcoming disbursement dates visible to parents 24/7.
Low balance SMS alerts — automatic notifications to parents when a student's balance drops below a configurable threshold.
End-of-term balance reports — full reconciliation of each student's pocket money account at the end of term, exportable per student or class.
Learn about Pocket Money

Ready to Transform Your School's Finances?

Join 500+ schools already using the Tiptons Analytics Accounts & Finance Suite to collect fees faster, reduce errors, and stay fully compliant.