Overview

Choose how you want to track investments in SchoolCash Accounting. The recommended method uses a separate Investment bank account so balances flow to reports and year-end automatically.

Before you begin

• Decide whether to track investment principal in a dedicated Investment bank account (recommended) or to track only interest in SGF.
• You must be a District Administrator to configure umbrella types and create bank accounts.

Details

• Option 1 (recommended): Track investment principal in a separate Investment bank account. Interest is recorded to an Investment Interest category and appears on standard reports and at year-end.
• Option 2 (not recommended): Do not use an Investment bank account. Principal is handled during reconciliation adjustments. This reduces visibility and adds manual steps.