Student Fee Management System [The 7 Benfits]

Student Fees Management. Fees Collection and Management are crucial processes for the schools/colleges. It automates managing process of fees collection and fee receipt generation and makes it smooth and instant.

Integrate Complete Fee Management

If you are using the best student management system, you will get an integrated fee management system. It gives you the facility to set up a complete fee structure according to student category, course or service requirement. The system also gives you the power to collect a late payment, fines and provide required function as well.

Easy online transaction

It is important that your student management system has a preferred payment gateway. With payment integration, students submit their fees online without any hassle. This way you would be able to collect fees online and it is easier to make records of it. The reports generated via online payment includes all the important details of the transaction which you can access any time you need.

Generate Invoice /Bill Reports

Whatever is the type of payment, nowadays people want to have an invoice or bill for the record. An education ERP system to help you to generate invoice/bill of all the transactions. Some education ERP solution also provides customized invoice/ bill generation with various categories. You can also download record in pdf or excel format in bulk. Education ERP also comes with accounting software like tally or sage integration to manage ledger account as well.

Handle Multiple Finance

In school/ college you deal with various of payment. You collect fees for form, admission, exams, registration fee, maintaining caution money, scholarship & sponsorship, etc. An education ERP can handle all these tasks in one platform. It makes fee management operation simplified, smooth and fast.

Calculate Tax and GST

You can use this system to calculate all type tax including GST whenever it is applicable. It also lets you do important transaction such as refunding fees. The best thing is it is all user-controlled and the privilege to control this function can be given to specific employees as per the requirement.

Calculate Necessary Discount

There are different types of discount an educational institute provides such as fixed, percentage, ad-hoc or standalone. A student management system enables you to set up all such discount type. It also generates separate reports on the basis of the category of discount.

Control Finances of Your Institute

With a fee management system, you have the power to control finance of your institute. As we discussed before you can also give access to other departments if you need specifically from them. You can view and generate a report from the financial database.

An easy and safe fee payment system for parents

You can have all kinds of parents who prefer different types of payment methods, such as cash, challan, cheque, online payment, credit card, debit card, demand draft, etc. A fee management system is suitable for all types of payment. This provides a safe and easy service for payments.

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Academia ERP / SIS

Academia ERP/ SIS is a comprehensive suite that streamlines the complete student life cycle from Enquiry to Graduation as well as administrative processes.