Exploring Finance Tools On Prodigy - A Short Guide

Exploring Finance Tools On Prodigy - A Short Guide

Read Time: 21 minutes

Posted on Fri, Oct 29 2021

Prodigy school accounting solution is an innovative and comprehensive suite of financial tools that helps schools to manage all financial activities and records. It provides an easy-to-use, automated solution to smart financial management. It analyses data to ensure that your school is making the smartest financial choices. It allows easy tracking and audit of both income and expenses. It works like a ledger that standardizes each spending category and accounts for its use.

The links below give access to details on how to explore each category.

A. Bank

1. Adding names of banks. See Adding Banks on Prodigy 

2. Adding bank account number. See Adding Bank Accounts on Prodigy 

3. Inputting and updating bank transaction details. See Managing Bank Transactions on Prodigy 

4. Getting information on transaction details. See Tracking Bank Transactions on Prodigy

5. Viewing Statements of accounts. See How to View Statements of Accounts on Prodigy


B. Income

1. Setting up income management tools. See Getting Started with Income Management on Prodigy

2. Updating income details. See Recording and Managing Income on Prodigy

3. Viewing income report. See How to View Income Report on Prodigy


C. Expense

1. Setting up expense management tools. See Getting Started with Expense Management on Prodigy

2. Updating expense details or records. See Recording and Managing Expense on Prodigy

3. Viewing expense report. How to View Expense Report on Prodigy


D. Payroll

1. Setting up payroll management tools. See Getting Started with Payroll on Prodigy

2. Creating salary structures. See Setting up Salary Structure on Prodigy

3. Processing and approving salary payments. See Processing and Approving Salary Payment on Prodigy 

4. Viewing payroll report. See How to View Payroll Report on Prodigy 

5. Sending payslips. See How to Send Payslips on Prodigy


E. Fees

1. Inputting items that constitute a school bill. See Creating Bill Items on Prodigy

2. Creating bill templates. See Creating Bills on Prodigy

3. Creating individual students' bills. See Creating Bill for Individual Students on Prodigy

4. Adding important general information to bills. See How to Add Payment Advice Note to a Fee Bill on Prodigy

5. How to apply fee payment. See Applying Fees Payment on Prodigy 

6. Payment via link. See How to Pay Fees via Payment Link 

7. Payment of fees while online on the school portal. See How to Pay Fees while Logged in to the School Portal 

8. Viewing Payment register. See How to View Fee Payment Register 

9. Tracking outstanding Fees. See Tracking Outstanding Fees on Prodigy  

10. Enabling permission to cancel fee payment. See Granting Access to Fee Payment Cancellation


F. E-Wallet and E-Payment

1. Prodigy E-wallet. See Introducing Prodigy E-wallet

2. Online fee payment via e-wallet. See Introducing Pay-with-wallet - Online Fee Payment

3. Funding Parents' wallets. See How Parent can Fund their Wallet on Prodigy

4. Wallet Transfer via Agent. See Wallet-transfer via the Agent Menu on prodigy

5. Funding a child's wallet. See How to transfer Fund to a Child's Wallet

6. Parents' control of wallet spending limit for children. See How to Set Wallet Spending Limit for a Child as a Parent

7. Funding Staff's wallets. See How Staff can Fund their Wallet on Prodigy


G. Invoice

1. Getting started with invoice. See Getting Started with Invoice on Prodigy

2. Creating Invoices. See How to Create Invoices on Prodigy

3. Modifying and sending invoices. See How to Edit Invoices, Update Invoice Status and Send Invoices on Prodigy

4. Marking invoice as paid. See Applying Payment to an Invoice on Prodigy

5. Tracking invoice payments. See Tracking Invoice Payment on Prodigy