Struggling To Manage Your School Finances Effectively? Here Is How A School Finance Management Software Can Help You
Fee collections activities is in FINANCE/ ACCOUNTING MODULE in School Software Pro.
Fee collections are important, but having easy and first hand full details of paid and unpaid fees at a glance is very important to school management / managers.
How do School Fees Management System works?
A great benefit of school financial or fees management system is the way that they function. They gather all the information related to students in the central database of your school and they also include extra information in the following areas:
Fee payment plans
School policies
Installments
Concessions
Scholarships
Due dates
Receipting
Making it safe & convenience for parents to make payments
The mode of payment of these systems is such that parents always feel safe in paying the money. The overall payment environment is as safe and secure as it can possibly get. There are so many ways in which parents can make payments in this regard.
They may be enumerated as below:
- Cash
- Cheque
- Credit card
- Bank transfer
- Demand draft
- Debit card
The multitude of payment options means that parents are now able to make the payments within a really short span of time. Since the process has become hassle-free they are able to enjoy it as well. In most schools, where such modes of payment are not used there is plenty of stress associated with the entire process since the parents have to pay them in person.
Read: How to Choose School Management Software
Assigning fees is a vital part of the daily fee operations in any school and hence an integral part of the School Management Software anywhere in the world including Nigeria . It’s quite important that the users choose the right fee collection for the student so that all the reports do fall in place. This makes the end user comfortable in dealing with the long queues in the cash counter. So, we dedicate this article to let our users (schools and colleges) know how to assign multiple fee collections in School Software Pro. Please find the detailed steps on the Fee import plugin.
First things first, When using the Fee Imports plugin to manage a student’s fee collections, the following fee collections may be listed for a student:
- Paid and unpaid fee collections for the current batch. Paid fee collections will be disabled.
- Fee collections created specifically for the student.
- Unpaid fee collections for a previous batch. Once paid, the previous batch fee collections will no longer be listed.
- Unassigned fee collections that may be applicable to the student. For example, fee collections created before the student was admitted.
To start with the process,
- Please click the module access icon > Administration > Finance > Fees > Fee Imports.
- Select a batch. All students in the batch are listed on the left with fee collections on the right.
- Select or clear the check boxes to assign or un-assign fee collections for a student.
Note: A minimum of one fee collection must be assigned to a student.
Click the Assign button.
We are proud to have a well-researched School Management Application that takes good care of your full school accounting system in Nigeria.