School accounting software
AccountsIQ, with software partner iSAMS, provide a unique, integrated Cloud accounting solution known as iFinance, ideal for Academies, Multi-Academy Trusts, Independent and International Schools.
Why AccountsIQ excels for schools
Seamless data synchronisation
The integrated management information, fee-billing, payroll and accounting helps to eliminate unnecessary duplication of work and costly mistakes by offering a seamless, two-way synchronisation of data: iSAMS handles the student management, administration and complicated billing structures while AccountsIQ manages the accounts and balances.
Smarter school accounting software
AccountsIQ’s strengths in handling multiple currencies and multi-company financial consolidation make it the first choice for international schools. The partnership between AccountsIQ and iSAMS makes smarter processes and better reporting affordable for one monthly fee.
Fast, accurate reporting
AccountsIQ’s powerful reporting provides real-time insight, helping schools and Multi-Academy-Trusts to have an accurate overview of key metrics and KPIs. The system accommodates SORP Reporting for schools registered as charities, making it easy for you to comply with regulations and show separation of funds.
Our finance needs are more complex than the functionality we found in the out-of-the-box systems, like Xero. But it was hard to justify the cost of something like Netsuite.
Discover our customers’ success
“There’s never a perfect time to change finance systems, but the efficiencies you gain from AccountsIQ make it completely worthwhile.”
“Previously, we relied on the basic Sage 50 and paper-based processes, which really limited efficiency and alignment within the Ross-Shire Engineering Group standards.”
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“The system is so intuitive that it almost isn’t onboarding, the team just took to it.”
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FAQs
How did AccountsIQ work with Bellevue Education to create an iSAMS integration that met their needs?
AccountsIQ worked closely with Bellevue Education by co-developing a direct API integration with iSAMS so Bellevue could run end-to-end fee billing and debtor management without manual rekeying. iSAMS automatically syncs student and fee-payer data into the AccountsIQ sales ledger, then iSAMS generates fee invoices and passes them into AccountsIQ via the API, where AccountsIQ manages balances as payments are made (including partial payments).
The integration was delivered quickly—AccountsIQ and iSAMS were fully integrated and installed in September, just a few months after contracts were signed—and Bellevue reported it made billing “much slicker” and significantly reduced processing time for fee runs.
Read the story of Bellevue Education's journey with AccountsIQ.
Do schools use AccountsIQ for real-time KPI reporting?
Yes. Schools typically set education-specific KPIs (fees vs budget by term, overdue fees/debtor days, departmental spend, staffing % of income), then use the GL and BI analysis codes to tag data by campus, department, year group, and funding stream so reporting is live and consistent. They use built-in reports/dashboards with drill-down for heads, bursars and governors, and can connect to Excel/Power BI via OData for interactive dashboards without manual exports.
Is AccountsIQ a good fit for international schools?
Yes. AccountsIQ is cloud-based and supports complex structures: multiple campuses/entities can each run their own ledger, with multi-currency support and consolidation for group reporting. Schools can also use dashboards and multi-dimensional analysis, and integrate via an open API to standardise finance processes across locations.
Does the iSAMS integration benefit schools using AccountsIQ?
Yes. It automates the flow of fee andcharge data from iSAMS into AccountsIQ, reducing manual rekeying and spreadsheet imports. iSAMS remains the system for pupil data, while AccountsIQis used for finance processing—providing clearer debtor visibility (outstanding fees/credits) and more consistent reporting by campus, year group, or income type.