Fast Accounting
Accounting & financial management
- Client
- Study-abroad agencies
- Type
- Web app
Introduction
Double-entry accounting software for a study-abroad agency that places students at foreign universities and earns commission. It records, posts and reports every financial transaction the agency makes.
The problem
The agency earns commission from universities in their own currencies, charges students service fees, pays counselors and sub-agents, and sometimes holds tuition money that belongs to a university. Keeping those streams apart, in one base currency, needs proper accounting rather than spreadsheets.
Our solution
Standard double-entry accounting: voucher types, control accounts with subsidiary ledgers, accounting periods that lock, and statutory financial statements. Posted entries are never edited; corrections are reversals, credit notes or debit notes, and the database itself refuses unbalanced or altered postings.
Key features
- Vouchers with gapless numbering per type and fiscal year
- General ledger, party ledgers, trial balance and opening balances
- Balance sheet, profit and loss, cash flow, day book, VAT and withholding reports
- Multi-currency with exchange-rate reporting
- Fixed assets with depreciation
- Bank accounts and transfers, cost centres, period close and year end
Built with
- Next.js
- React
- TypeScript
- Tailwind CSS
- PostgreSQL
- Prisma
Real screens
Chart of accounts with control accounts for student and university receivables