Virtual Bursar

Virtual Bursar

The Virtual Bursar is the service of completing all financial tasks required by a School in a calendar year using our resources through technology.  For some Schools their location, size and available budgets do not allow for the employment of finance and administration staff with the expertise the tasks require. Where circumstances dictate, engaging a group of skilled professionals who are experts in both the software and the accounting requirements of Schools is a great solution.

Cole’s Virtual Bursar can provide all or some financial tasks for your School. These include but are not limited to:

  • Accounts payable – processing and payments
  • Tuition fee billing
  • Payroll – processing and management
  • Processing of IAS and BAS
  • Monthly financial reporting
  • Cash flow forecasting
  • Debtor management
  • Fixed Asset Register
  • Annual budget
  • Board reporting
  • Financial Questionnaire
  • Schools Census
  • Statutory reporting and requirements
  • Working with the School’s Banks and Auditors
  • Lease management
  • Financial Year End including financial statements
  • Financial, technology and operational strategies

Your Virtual Bursar team will be available whenever you need them, including in the school holidays and when you are on leave!

We have the team to support your team