What Are Business Units?
Business Units allow you to group multiple schools that share the same processor ID. When grouped, families enrolled across these schools receive one itemized bill covering all their enrollments across any number of schools within a billing period.
Business Units Benefits...
- Businesses that have families enrolled in multiple schools
- Schools can share a processor ID
- Families should receive a single combined bill spanning multiple schools
- Financial teams that reconcile bank statements with one bank deposit item covering many schools
- Payment reporting at the Business Unit level instead of by individual school
- (Note: Line-item details like tuition, charges, and credits will still be tracked by school)
- Business Units can be configured on an individual school basis
Business Units Considerations:
1: Consolidated bank deposits BUT school-level payment reporting:
- Do you prefer one bank deposit for multiple schools on your bank statement?
- Do you need to view payments per school in Insights for detailed reporting?
- How do you reconcile bank deposits?
2: Should multi-site families receive an invoice per school or a combined invoice?
Questions? Please reach out to your Kangarootime Customer Success Representative or write in to our Support team via helpdesk@kangarootime.com.