Fee CollectionsThe fee management module brings fee dashboard for the school with the information like days collection, dues-receipts, and others. It has an integrated online fee payment gateway that is highly beneficial for the school and the parents as it saves considerable time and efforts. It sends overdue fee reminders in an automated way and manages fee concession and waiver approval process with much ease and at a great pace.
Avail the possibility of integrating your various fee structures across the classes into a centralized Fee Collection tool.
You can charge the students based on specific services and the time duration for which they are using a particular service or facility. For example, if a student is not using the library facility for 1 month then they can opt out of the same and won’t be charged for that period.
All the miscellaneous fees offered by the school work as an additional cost to the institute and need to be maintained in a systematic way. The fee management module by Microweb Solutions helps you update and track all cost for such facilities.
Transport fee is to be charged to students and staff members as per their requirement for the same and you can do that from our software easily.
You can create multiple accounts for each institute with the help of our school accounting software and oversee all the accounts from one place. This also helps you ensure transparency and clarity to the financial auditors.
Staff members often approach the school management to get admissions for their own children and get concessions in exchange. Since this is practiced almost everywhere, we have a feature to help you keep a track of the same in a simplified manner.
Students and their siblings often go to the same school and they also expect some discounts or consideration for the same. These requests can also be handled and record in our school fee collection software.
You can use automated receipt numbering or customized ones with the help of our fee management system for schools.
You can simplify auditing of your accounts by generating all the fee receipts and collating thing using our account software for schools.
While conducting an audit, you can generate fee receipts in bulk without any hassle using our fee management application and print all of them in bulk.
You can generate reports and get insight for expected incomes from admissions and fees with the help of fee projection reports in our fee management software for schools.
You can categorize, organize and generate statistical reports for printing for daily collections.
You can label all the transactions with different categories so that you can later generate categorized financial reports.
You can categorize the fees received into different classes so that you can generate a class-wise report of fees.
All the fines and dues for a particular period (a month, one quarter, etc) can be collected and the information about the same can be exported in a systematic format to make it easy for the collection team.
If there is some due or fine that you collect daily (example, for canteen or bus service) then it can be tracked and you can follow-up with the defaulters to ensure more payments.
Any defaulters of fees or other payments can be catalogued and a report can be generated to get better collection results.
After generating a receipt for all kinds of fees, you can send an automatic email that can be generated to the registered email address of the parent or guardian of the student. This will include the amount paid and the date.
Same as with the email, the parent or guardian will also get an SMS to their registered phone number about the successful payment of fees.
Parents will also be notified of successful fee payments through push notifications on their mobile apps.
Our software generates and sends automated SMS for any pending fee amount to the registered mobile number of the parents or guardians who did not pay the school fees till the due date.
Same as the SMS, an automated email is generated and sent to the parents or guardians with detailed information about the pending fees after the due date.
If any parents or guardians pay the school fees with a cheque and the cheque is bounced then the concerned parents will be notified about the same with automatic SMS and emails.