By Donald N.K. | Category: Education | Published April 1, 2026

Why Your School Needs an IPSAS‑Compliant Accounting System (It’s Not Optional)

The Public Sector Accounting Standards Board (PSASB) has given Kenyan secondary schools a deadline to implement full IPSAS accrual accounting. Schools that fail to comply risk losing government funding and facing audit penalties. This article explains the requirements and why our system is the best fit.

Our School Accounting System includes 7 mandatory modules:

• Receivables (fee collection, M‑PESA auto‑reconciliation)
• Core Accounting (trial balance, cashbook, ledgers)
• IPSAS Annual Reports (financial statements + notes)
• Budgeting & Variance Analysis
• Smart SMS (fee reminders, report cards)
• Bank Cheque Printing
• Cloud Hosting & Backup

We have successfully deployed this system in 30+ schools. One Kiambu school reduced reporting time from 14 days to 1 day, and passed their KICD audit without any queries. The system is user‑friendly: we train bursars and accountants until they are comfortable.

Pricing: complete suite KES 360,000 one‑time, or buy modules separately. Monthly cloud hosting KES 3,000. Free 12‑month support included.