ADM – ST – Overview of Finance setting

This lesson explains how finance settings are managed in TEAMS at both the organisation level and the campus level.

You will learn:

• How organisation-level finance settings apply to all campuses, while campus-level settings allow each campus to maintain its own financial preferences and numbering formats.
• The different types of number settings used in TEAMS, including invoice numbers, receipt numbers, refund numbers, transfer numbers, agent invoice numbers, and agent payment numbers.
• How you can configure unique prefixes and suffixes (e.g., INV for invoices and REC for receipts) and set starting numbers.
• Why these settings must be configured by TEAMS Support to avoid duplication, conflicts, and numbering errors.
• How to enable program-based invoicing and subject-based invoicing
• How to select whether invoicing should be based on program, subject, or both at the organisation level based on your operational needs.
• The importance of completing data imports before numbering configuration
• How campuses can define whether they use program-based or subject-based invoicing to streamline workflows and align TEAMS with institutional billing requirements.

IMPORTANT: At the end of this lesson, you will need to complete the quiz before moving on to the next lesson.