Finance & Fees
Define fee structures, record payments, track balances, and maintain accurate financial records for every student.
Clear
Visibility
No Loss
Revenue
Accurate
Records
Overview
Create a complete financial management system where fees are clearly defined, payments are recorded with full details, and balances are automatically tracked. Maintain accurate financial records that support both school operations and parent communication.
Problem
Manual fee tracking loses payments. Nobody knows who paid or when. Balances are calculated incorrectly. Schools don't know total revenue. Disputes over what's owed are common. Collections are inconsistent.
Outcome
Clear financial visibility. Every payment is recorded and trackable. Balances are always accurate. Schools know exactly how much is owed. Collections become systematic and fair.
Highlights
1. Fee structure setup by class
2. Payment recording and tracking
3. Real-time balance monitoring
Core Capabilities
Fee setup by class
Define tuition and fee amounts for each class level per academic term. Different classes can have different fee structures.
Payment recording
Record each payment with amount, date, payer name, and payment method. Assign each payment to the staff member who collected it.
Balance tracking
System automatically calculates how much each student still owes. View by student, class, or school-wide. Track arrears easily.
Financial reporting
Generate reports on total collections, by class, by term, or by payment method. Export for accounting and analysis.
Benefits
- Reduced revenue loss from lost records
- Accurate student balance tracking
- Clear fee visibility for parents
- Efficient collections management
- Complete financial audit trail
- Faster payment processing
Ready to see this in action?
Book a Demo