ilmoraGuide
Fees & Finance

Finance & cash flow

Expenses, other income, accounts, and the profit question.

The engine underneath

Every financial event — collections, payroll, expenses — auto-posts balanced journal lines to a fixed chart of accounts. Nothing is double-entered; debits always equal credits; the journal exists for integrity and future-proofing.

Expenses

Finance captures expense vouchers: payee, category, campus, account paid from, bill photo. Approval thresholds are configurable (self-approve below, admin above). Recurring expenses (rent, internet) draft themselves monthly for confirmation.

Other income

Canteen rent, hall bookings, prospectus sales, donations — recorded against admin-defined categories with receipts.

Accounts & transfers

Cash desks, bank accounts, wallets and petty cash each show a live balance and statement. Transfers (day-close cash → bank deposit, bank → petty cash) are first-class entries.

The answers

P&L answers "are we profitable" — per campus and consolidated. Cashflow shows the month's in/out by source and category. Budgets flag over-spend per category. Owners with multiple campuses: press Compare campuses on any of these.