The School Office Team has years of experience in education. We work with schools in many locations and various sizes, so we are able to draw on that knowledge to help schools create efficiencies in time and money. Contact us now for a no obligation, no cost discussion.

Financial Service Provider

  • Monthly Processing
    • Schools use Xero to input and make payments
    • TSO checks transactions monthly
    • Publishes Management and Board Reports
  • Budgeting
    • TSO will monitor Budgets and provide spreadsheets to forecast Cash Flows
    • Assistance with setting Budgets
  • GST
    • GST Returns checked and reconciled
  • Board and Management Reporting
    • Customised reporting
    • Comment on current financial position and spending trends

Annual Financials

  • Preparation Annual Financial Statements
    • Xero Workpapers designed specifically for schools
    • Reconciliation of Balance Sheet items
    • Revenue & Expense Reconciliations
    • Financial Statements in MOE format (Kiwi Park)
    • Meet all statutory deadlines as prescribed by the Ministry of Education and Office of the Auditor General
  • Liaison with Auditors
    • Submit Draft Financial Statements for audit
    • Manage to audit queries
    • Undertake audit adjustments in conjunction with client schools

Consulting and Training

  • Financial Reviews
    • Review and report school’s financial position
    • Monitor implementation of recommendations
  • Administration Reviews
    • Review and report on Administration structure in a school
    • Assist with development of Systems and Processes
  • Board Consultations
    • Board Training in Financial Literacy
    • Advise Board of responsibilities
    • Governance versus Management
  • Training
    • Xero training
    • School accounting requirements
    • End of Year processes for Financial Statements

Xero Gold Partner

  • Chart of Accounts especially for Schools
    • To easily meet Ministry of Education Reporting requirements
    • New codes fit into pre-set Report Layout Options
  • School Reports designed for internal and external (MOE) Reporting
    • Report Layouts to provide input figures for MOE Annual Financial Statements template
    • Custom Reports for individual schools
  • Use of Xero Tracking for Faculty / Department / Activity Reporting
    • Using Tracking reduces the size of the Chart of Accounts
    • Provides sub- Profit & Loss Reports for individual areas within the school
  • Trax – TSO’s own Tracking Reporting App
    • Reports multiple Tracking Options in one sweep
    • Reports produced in excel and PDF
    • Email reports
    • Option to print transactions
    • Summary Reports
  • Xero Training
    • TSO provides individual training
    • Regional Workshops as requested

Contact us now for a no obligation, no cost discussion.