Vocational Training Institute Accounting Software | HelloBooks.ai Accounting software for vocational training institutes: govt scheme receivable (NSDC/PMKVY), trainee stipend payable, and placement income tracking.
HelloBooks.ai is accounting software for vocational training institutes running batches under government skilling schemes — not a generic training-center ledger asked to guess at scheme reimbursements after the fact. HelloBooks tracks Govt Scheme Receivable for amounts owed by schemes like NSDC and PMKVY, alongside Placement Income, placement rate and drop-out rate, so scheme reimbursement stays visible instead of buried in a general receivables account.
Trainee stipends get the same attention. Many vocational programs pay trainees a stipend during training, and that stipend is owed before it's actually disbursed. HelloBooks tracks Stipend Payable to Trainees as its own liability, per batch, so what's owed stays visible instead of getting lost in general payroll or vendor payables, whether you operate as a PVT company or a trust.
Placement outcomes are where a generic ledger falls short for this industry. Placement Income is tracked alongside Placement% and Drop-out%, so the numbers that actually matter for a training institute's reputation — and its funding — are visible at a glance rather than pulled together manually from separate spreadsheets.
Vocational training institute accounting software for govt scheme receivable, trainee stipend payable, and placement income
Vocational Training BookkeepingBuilt for scheme reimbursements, not just fees.
See Placement Income next to Govt Scheme Receivable and Stipend Payable to Trainees, with placement rate and drop-out rate tracked alongside your numbers.
- Govt Scheme Receivable tracked per batch, so scheme reimbursement stays visible.
- Stipend Payable to Trainees tracked as its own liability, per batch.
- Placement Income tracked alongside placement rate and drop-out rate.
Live-style mockup · placement income & outcomes
Scheme reimbursement shouldn't disappear into a general receivable.
Running batches under NSDC, PMKVY or similar schemes means waiting on reimbursement that can take time to clear. HelloBooks tracks Govt Scheme Receivable per batch, so what's outstanding stays visible instead of getting lost in a general receivables account.
- Govt Scheme Receivable tracked by scheme and by batch.
- Claim history kept alongside outstanding receivable, so you can see the full cycle.
- Kept separate from Placement Income, so scheme timing doesn't get mixed into placement numbers.
What you owe trainees, tracked as its own liability.
Many vocational programs pay trainees a stipend during training, and that amount is owed before it's actually disbursed. HelloBooks tracks Stipend Payable to Trainees as its own liability, per batch, so what's outstanding stays visible instead of getting mixed into general payroll.
- Stipend Payable tracked per batch, against the number of trainees enrolled.
- Disbursement history kept alongside the accrued balance still owed.
- Kept separate from Govt Scheme Receivable and Placement Income.
Vocational Training — Frequently Asked Questions
Answers to how HelloBooks fits into your training institute.
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