Home / Features / Banking & treasury
Feature · Banking & treasury
Know where every dollar is, every day.
Built on real payments infrastructure — not bolted-on billing. Deposits land fast, every payout maps to specific families and campaigns, and reconciliation stops being a monthly archaeology project.
Surcharging offered where permitted by applicable law and card-network rules, with required disclosures; surcharges apply to credit cards only (never debit) and never exceed the cost of acceptance.
The problem
Sound familiar?
The reconciliation mysteryA deposit hits your bank account for $14,382.50. Which families? Which campaign? Your bookkeeper spends hours matching bank lines to payments.
Slow, opaque settlementsLegacy tuition processors hold funds on their schedule with batch reports that never quite line up with your bank statement.
Split revenue streamsTuition settles through one processor, donations through another, the dinner through a third. Three statements, three fee structures, zero unified view.
What 613OS does
Built to make this disappear
Fast, predictable depositsPayments settle to your school's existing bank account on a schedule you can plan around — with every deposit itemized to the payment level.
Automatic reconciliationEvery bank deposit maps to the exact families, invoices, and campaigns it contains. Your bookkeeper reviews instead of reconstructs.
Unified money movementTuition, donations, meal payments, store sales, and program fees all settle through one processing relationship with one clear statement.
Payout reportingDaily and monthly settlement reports formatted for your bookkeeper — exportable to QuickBooks or any accounting system.
Refund & adjustment trackingRefunds, scholarship adjustments, and failed-payment recoveries logged against the original transaction with a full audit trail.
Fee transparencyProcessing costs itemized per transaction — including surcharged transactions where the school's cost is zero. No mystery deductions.
Treasury
Reserves that earn. Campaign money that stays separate.
| Account | Purpose | Balance | Today |
|---|---|---|---|
| Operating | Tuition, programs, store | $212,400 | +$14,382.50 · 61 payments |
| Reserve | Yield-bearing | $480,000 | Interest accrued |
| Building campaign | Dedicated account | $96,000 | +$2,500 · 3 gifts |
| Scholarship fund | Dedicated account | $38,250 | — |
Sample figures. Every deposit line opens to the families, invoices and campaigns inside it.
Yield on balancesReserves and building funds that sat in school checking earning nothing can be held in accounts that pay competitive yield, available when needed. Rates are variable and not guaranteed.
Separate, dedicated accountsBuilding campaign, scholarship fund and operating money visibly separate — cleaner for the board, the auditor, and the donors who gave for a purpose.
Money in, money outTuition, donations and event revenue settle in; payroll and vendor payments flow out — one connected picture, reconciled to the records that explain it.
613OS is a financial technology company, not a bank. Banking services are provided through partner financial institutions; account details, terms, and applicable protections are disclosed during setup. Each school signs its own merchant application and funds settle to the school's own bank account — 613OS never holds your money.
1processing relationship for every dollar your school collects
$1 flatper ACH (bank) payment — never surcharged
0mystery deductions — every fee itemized per transaction
Works together with
Related features
Tuition collectionPlans, autopay and failed-payment recovery — tuition that collects itself.Learn more →Reporting & analyticsBoard-ready dashboards on collections, enrollment and campaigns — current, not last month's.Learn more →Payroll integrationStaff paid from the same connected picture of money in and money out.Learn more →
Frequently asked questions
What are school banking and treasury tools?
Banking and treasury tools give institutions accounts for operating funds, reserves, and dedicated campaign money — with yield on balances that traditional school checking accounts don't pay. 613OS offers banking services through partner financial institutions; it is a financial technology company, not a bank.
Can our reserves and building fund actually earn yield?
Yes. Balances that sit in traditional school checking earning nothing can be held in accounts that pay competitive yield, with funds available when needed. Rates are variable and not guaranteed — but the difference from zero is real money for a typical institution.
Is 613OS a bank?
No. 613OS is a financial technology company, not a bank. Banking services are provided through partner financial institutions, and account details, terms, and applicable protections are disclosed during setup.
Can we separate campaign money from operating funds?
Yes. Separate, dedicated accounts keep the building campaign, scholarship fund, and operating money visibly separate — cleaner for the board, the auditor, and the donors who gave for a specific purpose.
How does this connect to the rest of the platform?
Tuition, donations, and event revenue settle directly into your accounts, and payroll and vendor payments flow out — one connected picture of money in and money out, reconciled to the records that explain it.
Let's talk about your numbers
Bring a recent processing statement and bank statement to your demo — we'll show you the savings and the yield, line by line.
613os.com/demo · 305-954-7362 · yoni@613os.com