The Veracross Accounting system integrates fully with Student Billing, Veracross Development, and other areas of the system to provide you a seamless, secure approach to managing accounting at your school.
The roots of the Veracross Accounting system go back to the genesis of our parent company (Breuer & Co) which started its business in 1978. The company produced a full-featured Accounting system designed for use by government contractors and professional services firms. To this day, we continue to serve our very first client! When Veracross was founded in the beginning of this century, the core elements of our legacy accounting system were migrated to perform in a school environment. The classic modules (Accounts Payable, Account Receivable, General Ledger, Cash Processing, Purchase Order Processing, Property Control and Project Accounting) required only minimal alteration; thus, even our earliest clients enjoyed robust features and high levels of system integrity.
"Our normalized database (shared across Admissions, Development, Academics and Accounting) means that there is no data redundancy."
The primary areas of new development occurred with the creation of a new Student Billing module, and a fully-integrated capability with the Veracross Development module.
All users access and share the same data. As data is entered or modified, it is instantaneously visible and available to all appropriate constituents of our system. With a sophisticated approach to system security, our system can deliver Accounting data in real-time to users that warrant it. Examples include the following:
In a nutshell, the benefit of a truly integrated system is that it allows for grand decentralization: users can enter, update, and review data directly into the system from a vantage point that is as intuitive and simple as possible.
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