Chart of accounts for a training centre
Training businesses sell batches with fixed costs, so profitability is measured per course run. HelloBooks gives institutes this starting chart, with a class for each course and batch.
- Course fee income: individual students and corporate contracts
- Fees received in advance for courses not yet delivered
- Exam and certification fees collected for awarding bodies
- Trainer fees, course materials, classroom rent and online platform costs
- Marketing and lead generation per course