Summary: Fee collection is one of the most time-consuming tasks for schools and colleges. A good education ERP automates instalments, reminders, receipts and reports.
Schools and colleges handle tuition fees, transport fees, hostel fees, exam fees and more — often in instalments with concessions. Manual tracking is slow and error-prone.
Key fee features
- Fee structures by class, course, category and academic year
- Instalments with due dates
- Concessions and scholarships
- Late fee rules
- Online payments via UPI, cards and net banking
- Automatic receipts
- Reminders via SMS, email and WhatsApp
- Defaulter reports
Parent experience
Parents should see dues, pay online and download receipts from a mobile app or portal.
Accounting integration
Fee collections should sync with accounting, whether Tally or the ERP's own module.
Reporting
Management needs collection summaries, outstanding fees by class and comparisons with previous years.
Security
Restrict access to fee data and keep audit logs of changes and concessions.
FAQs
Can we offer sibling discounts?
Yes, through configurable concession rules.
Can parents pay partial amounts?
Policies can allow or restrict partial payments.
Are refunds supported?
Yes, with approvals and records.
