accounting, fee type and structuring

Accounting Viewed: 433

school fee management

The smart solution to streamline your school accounting system, automate the process of receiving payment, making payment, track fees, auto-populate detailed invoices, and receive all payments from one place in your educational institution.

Financial management is the most tedious task in any organization. Schoolbic School Accounting Software provides an efficient finance management solution using a variety of functions.

Fee Grouping

The First step in creating a structure of fees assignments is creating fee Groups.
Fee Groups is a method to add fee types under the group

school fee management
fee group
school fee management
school fee grouping

Fee Type

The second step in creating a structure of fees assignments is creating fee Types.

Fee Types define the fees and prices. Also, it define Fee Schedule. Schoolbic define many types of fee Schedule

  • One Time ( Fixed date )
  • Annually
  • Bi-Annually
  • Tri-Annually
  • Quarterly
  • Monthly
school fee management
school fee type
school fee management
school fee scheduling
school fee management
school fee details

Fee Allocation

The third step in creating the structure of fees assignments is creating fee Allocation.
Fee allocation makes a link between fee type and ( Classes / Students ).
Fee allocated will generate the invoices in the selected dates in fee allocation for class’s student or a specific student

school fee management
school fee allocation
school fee management
school fee allocation edit

You can also specify specific students

school fee management
school fee management

Invoice

The last step is invoiced is the collect invoice generated.
View invoices and their status and information

school fee management
school fee invoice

you can Search for invoices based on status: unpaid, paid, partially paid or due invoices

school fee management
school fee due invoice

Manually Collect invoices

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school fee download
school fee management
school fee manually collect

View invoice details

view school fee invoice
view school fee invoice

View payment history for both Manual & Online means

view school fee history
view school fee history

Paying invoice online

Manually create an invoice

manually collect school fee
manually collect school fee