Child care expense tracking and profit and loss
Know what the center spent, and what it made.
- 01
Every expense, with its receipt
The amount, the day, the category and who was paid, with a photo of the receipt taken on a phone where you paid. Grants, fundraisers and other money in go in the same ledger.
- 02
Bring in a bank statement
Add your bank's CSV, OFX or QFX file. Money going out becomes expenses, each with the category you used for that payee before, and a line already imported is never added twice.
- 03
Categories that fit your center
Rent, food, wages, supplies and the rest are built in. Add your own, with sub-categories, and split one line across several.
- 04
Profit and loss
Tuition as billing counts it, the ledger's money in and its money out, month by month. Money moved between your own accounts stays out of it.
- 05
Ready for your accountant
Download the month's ledger as a spreadsheet and every receipt in one file, and count food receipts toward your CACFP claim.
Also in Farlow
- Check-in and ratios
- Daily reports for parents
- Billing and tuition
- CACFP meal tracking
- Staff scheduling and timesheets
- Enrollment and waitlist
- State licensing
- Your center's website
- Paperwork and state forms
- Reports
- Checklists and licensing
- Lesson plans and assessments
- Field trips and transport
- Security and privacy
- Several centers
- Subsidy billing
- Programs and camps
- Before and after school
- Director dashboard
- Calendar and events
- Parent communication
- Health and safety
- Supplies
Get Farlow for your center
Farlow is free while it is in early access. Signing in to the app is by invitation only for now, so tell us about your center with this form and we will write back to set up your account and a walkthrough.
Work at a center that uses Farlow, or have a child there? Ask your director for an invitation.