Fees Management
Simplify your school’s financial operations with Tech School Solutions’ Fees Management system. Efficiently handle fee collection, tracking, and reporting while ensuring transparency and accuracy for parents, students, and administrators.
Key Features
- Automated Fee Collection – Generate fee invoices and receipts automatically for different classes, sections, or individual students.
- Multiple Payment Options – Accept payments via online portals, UPI, credit/debit cards, bank transfers, or in-person.
- Customizable Fee Structures – Set up different fee types including tuition, transport, hostel, lab, and miscellaneous fees. Apply discounts, scholarships, or late fee rules seamlessly.
- Fee Tracking & Alerts – Track pending, paid, and overdue fees. Automated reminders and notifications sent to parents/students.
- Reports & Analytics – Generate detailed financial reports, statements, and summaries for auditing and management decisions.
- Integration with Accounting – Sync fee data with accounting systems for accurate record-keeping and easy reconciliation.
Benefits to Schools
- Streamlined Operations – Reduce manual work and simplify fee collection processes.
- Transparency & Accuracy – Ensure clear visibility of fee status for both parents and school administrators.
- Time-Saving – Automate recurring tasks like invoicing, reminders, and receipt generation.
- Better Financial Planning – Use analytics and reports to monitor cash flow, track collections, and plan budgets efficiently.
How It Works
- Define Fee Structure – Set up class-wise or student-wise fee details, including discounts and fines.
- Generate Invoices – Automatically generate invoices for students each term, month, or customized period.
- Collect Payments – Students/parents can pay fees online or offline through multiple channels.
- Track & Notify – Monitor pending fees and send automated reminders for overdue payments.
- Reports & Reconciliation – Generate detailed reports and integrate with accounting for auditing and planning.