Reconciliation work
Bring revenue reconciliation into a dedicated workspace so the business office can work through the numbers and the questions that need attention.
Balncr
Keep the numbers and the supporting records together.
Financial close and reconciliation tools for small private and independent school business offices. Bring the work behind the numbers into a clearer review process.
Make the review easier to follow.
Support the people preparing the reconciliation and the people responsible for reviewing it.
Supporting records
Keep the supporting information with the reconciliation work so reviewers can understand the context behind it.
Preparation and review
Use preparer and reviewer sign-offs to make the handoff between the people doing the work and the people checking it more explicit.
A record of the work
Maintain an audit trail alongside the close process, helping the team follow recorded activity and prepare documentation for review.
From scattered records to a deliberate review.
Map the sources
Identify the accounts, revenue sources and supporting records involved in a representative close period.
Work through the reconciliation
Prepare the work with the context a reviewer needs and resolve the questions identified along the way.
Review and retain the evidence
Use the agreed sign-off process and decide how completed work and supporting records will be retained.
A system appearing in a source list does not confirm a live connection for your school. Confirm each import, integration and provider permission during scoping. Balncr supports the team’s review process; accounting judgments remain with the school and its advisers.
Make the fit clear
before you start.
Financial records call for a clear source of truth, careful access and an agreed review process.
How we approach school trust- Scope and connections. Review the exact data sources, formats and historical periods your school needs. Verify any integration before including it in the proposal.
- Responsibilities. Agree who prepares, reviews and approves the work, including any exceptions needed by a small business office.
- Sensitive information. Decide which records are needed, who can access them and what should be excluded. Review retention, exports and deletion in the product agreement.
- Rollout and support. Choose a bounded initial workflow and confirm current availability, setup effort, training and support before committing to a wider close process.
What makes your close harder than it needs to be?
Tell us where reconciliation and review get stuck. We’ll work through the records and workflow your business office needs to support.
Discuss BalncrPlease leave student names, records and sensitive details out of your first email.