Fee Setup #How do I configure class wise and term wise fees in vedanta school ERP

• Introduction
  
  Effectively setting up fees is essential for any business or service provider. A well-structured fee system ensures transparency, fairness, and competitiveness, which are key to maintaining customer trust and achieving sustained profitability. 
  
  
  
• Benefit
  
    1. Streamlined Fee Management: Our software automates all fee calculations, ensuring accuracy and saving you time. It’s fully customizable to meet the unique needs of different grades and programs
  
   2. Financial Transparency: Parents receive detailed, itemized invoices that clearly outline all charges. Real-time updates ensure they’re always informed about any changes.
  
  3. Convenient Payment Options: We offer multiple payment methods and flexible plans, making it easier for parents to pay on time.
  
  4. Efficient Administration: By automating fee management, your administrative staff can focus on more important tasks, and the risk of manual errors is significantly reduced.
  
  5. Enhanced Reporting and Analytics: Generate detailed financial reports and use data-driven insights to make informed decisions about your school’s finances.
   
  6. Improved Parent Experience: Our user-friendly parent portal allows parents to view invoices, track payments, and manage their accounts easily.
  
  7. Secure and Compliant: Our software ensures that all financial data is secure and complies with local regulations, giving you peace of mind.
  
  
• User Profile 
  
   1. Account Officer
  
   2. Finance
  
  
  
• Steps
  
  
  
  1. Create Fee Category.

• Select Fee category.
• Select Center and Click on "GO" Button.
  
• Enter Category Name Promote to Next Year Category Name. 
• After create all category click on "Save" Button.

2. Create Fee Heads.

• Select Fee Heads. 
• Select Center and click on "GO" Button.
• Create fees head in Description.

Check IsAddmissionParticular when add admission fees head.

3. Installment Setup.

• Click on "Add New Fee Term Date" Button.

• Fill All the information and save the feeterm date page.

• Add Period form Date, Period End Date and Due Date and Click On "Save" Button.

4.  Course Wise Fee Structure

• Add Period form Date, Period End Date and Due Date and Click On "Save" Button.
• Update Edit And enter Perticular Amount Fee head wise and click on "Save Now" Button.
• Click on "Fee Structure" button and open all fee structure open at the same page.