Accounting Service For Schools
City AI Accounting Service For Schools
We provides professional accounting service for schools and have rich experience in handling school accounting and funding accounts such as SWD fund, QE fund, ORSO calculation…etc, and audit report to Company Registry
Provide mobile APP to upload accounting documents
Upload accounting documents to us by either mobile APP or scan to email
We use EDAC professional accounting system for data entry
- Daily Account Input
- Financial Report Printing
- Bank Reconciliation
- Subsidy Allocation Monitoring
- Receipt Printing
- Statements for EDB
- Account Enquiry
- Balance Sheet Printing
- Report of Bank Withdraw
- Label Printing
- Stock Take / Inventory
- Voucher Printing
- Balance Sheet
- Bank & Cash Book
- Envelope Printing
- Report Printing（Trial Balance/General Ledger/Cash Book/Financial Report）
- General Ledger
- Budget
- Bank Reconciliation Printing
- Cheque Printing
- Staff Salary (Can be used to declare IR56B)
- …....More
Kindergarten Reports
Report
- Report 1 / Report 1A
- Report 2
- Report 3
- Report 4A
- Report 4B
- Report 4C-1
- Report 5
- Report 6
- Report 7
Content
- Annual ervenue and expenditure account
- Balance Sheet
- Child care centre subsidy scheme and enhancement of child care service staff allowance report
- One off allowance report
- Statement of reimbursement
- Education Bureau subsidies with refund clauses in addition to the kindergarten project account
- Business activity report
- Donation income report
- Account notes
Primary/Secondary School Reports
Report
- Report 3.1
- Report 3.2
- Report 4.1
- Report 4.2A
- Report 4.3
- Report 4.4
- Report 5
- Report 6
- Report 7
- Report 8
- Report 9
- Report 10
- Report 11
- Report 12
- Report 13
- Report 14
- Report 15
- Report 16
Content
- Expanded operating allowance-financial statements
- Expanded Operating Allowance-Statement of Income and Expenditure of Various Allowances
- Salary allowance account
- Integrated supply teacher allowance
- Activity Plan Grant for the Committee on Family-School Cooperation
- Non-recurrent subsidy for the enhanced remedial teaching program in primary schools
- ......
- Additional supply staff allowance
- Others
- Care Fund Aid Project Account
- Mortgage interest allowance
- Non-recurrent allowances and engineering and equipment allowances for school buildings and furniture and equipment
- Employer contributes to provident fund / MPF scheme for non-teaching staff
- Capital Reserve Account (1) - General Expense Account (only applicable to schools that do not charge tuition fees)
- Capital Reserve Account (1) - Class Fees: Income and Expenditure Account (only applicable to schools that charge class fees)
- Capital Reserve Account (2) - Sale of textbooks
- Capital Reserve Account (3) - approved fees for specific purposes
- Start-up expenses
- School furniture and equipment
- Accumulation fund
- Balance sheet
- Notes to Financial Statements
Q&A
CAIA uses EDAC Professional Accounting System, which specially develops for Hong Kong schools and designed according to EDB requirements. More than 400 schools are using EDAC system in Hong Kong, and it has received very good comment.
a. Scan and email those documents that need to be entered to accounting system to CAIA，all documents are saftly kept in school to avoid transportation loss and transform to electronic files.
b. Courier documents to our office.
c. Put the files in google drive or onr drive and share to CAIA.
CAIA has been providing auditing services for schools in Hong Kong. It has many years of experience in processing and auditing, such as SWD funding, QE Fund, ORSO calculation, audit report to company registry… Etc. We also have good audit experience to kindergarten half-day/full-time, fully comply with the statement format changed by the EDB every year.
CAIA can also help schools with the following administrative tasks to reduce the burden to schools: Prepare payment documents, Assist with issue salary service, Handle MPF Contributions (MPF), Handle Annual Employer’s Return (IR56B).
CAIA is very familiar with the accounting work of Hong Kong primary and secondary schools, kindergartens and EDB requirements. EDAC accounting system is developed by Norray Professional Computer Ltd., which is one of the company of our group. Both CAIA and Norray have colleagues who are responsible for school projects. They often provide each other with the latest information on EDB, and communicate with each other about the requirements and changes of EDB each year, so as to achieve a multiplier effect and better serve the school.
No problem, if your school does not have professional accounting staff, City AI Accounting school data entry service can help you. You just need to take photos to or scan documents which are related to accounting that need to be entered, we will help you to settle all accounting works. Of course, If your school has a professional accountanting staff, you can purchase EDAC Professional Accounting System, which is developed by Norray Porfessional Computer Ltd. (our group company) for accounting input work
