Overview

Central Source provides Charter Schools a Total Business Management Solution allowing school administrators to focus on educational success. We do the work, not just advise, and we create solutions that are easily maintained. From start-up, through growth, and consistent change, Central Source will be there to support your business management needs with trustworthy, reliable, quality service.

Our Services

We recognize that Charter School business management needs vary depending on school size, budget and available personnel. That is why we customize our solutions to fit your unique situation. Whether we manage all of your business needs or specific segments, we provide unparalleled service. From establishing policies and procedures to grants management, from accounts payable to financial reporting – Central Source can do it all.

Our core services include:

Implementation of Accounting Best Practices

With an understanding of the governing laws in Massachusetts and DESE regulations, we assess your school’s needs and work with you to establish fiscally responsible practices.

• Written Policies and Procedures
• Accounting software implementation
• Establishment of Chart of Accounts
• Budget preparation and analysis
• Financial reporting design

Financial and Accounting Services

Central Source manages all of your finance and accounting needs throughout the school’s fiscal year.

• Routine bookkeeping
• Monthly closing and reporting
• Grants management
• Foundation Management
• Audit preparation and End of Year reporting

Human Resource Services

Central Source can ensure that all employee payroll and benefits are being properly managed, helping you keep your staff happy and productive.

• Payroll services
• Benefits administration
• MTRS reporting
• Personnel records management
• EPIMS reporting

Business Services

Whether through our own expertise or with assistance from our strategic partners, Central Source can guide your school in nearly any business related concern.

• Asset management
• Insurance compliance
• Website development
• Quote and bid acquisition compliance
• Supplier recommendation