Fee Collections

Make your job super-easy with our fee collection software,
where you can create customized fee collection structure,
categorize payments and get collection reports.

COMPLETE FINANCE SOLUTION

Fee Collections Features

Dynamic Fee Plans

Avail the possibility of integrating your various fee structures across the classes into a centralized Fee Collection tool.

School payment system

Service Based Fees

Charges for facilities provided based on specific serviceable timetables can be also charged separately, for example, a student opting not to use library services for one month can simply opt out of the particular service for a predefined period and he/she will not be charged for the same for that period.

Fee Management in myclassboard School Management System

Miscellaneous Fees

All the miscellaneous services provided by the school is also an added cost to the institute and needs to be maintained in a central location. Fee management software powered by MyClassboard is a central location to update and track all costs involved in such utilities.

Transport fee management software

Transport Fee

Transportation provided to students and staff can be charged accordingly and our school fee software will help you in managing the accounts for such charges with ease.

School accounting software

Multiple fee accounts

Multiple auditable accounts can be maintained for each organization using our school accounting software enabling you to oversee all the accounts effectively and ensure transparency to financial auditors.

Fee collection tool

Staff Concessions

Schools are often approached by their employees wanting to get admission secured for their children in the same school and requesting concession for the same, this is a widely held practice in many institutions and our school fee collection software makes tracking all such concessions highly simple.

School payment system

Student Concessions

Parents with more than one child in the household often try to get all the siblings as well admitted to the same school and they often expect and intimate the school regarding concessions or discounts that they can avail. All such requests can be handled in predefined protocols of our Student fee collection software.

Online fee management software

Approval Process

Parents with more than one child in the household often try to get all the siblings as well admitted to the same school and they often expect and intimate the school regarding concessions or discounts that they can avail. All such requests can be handled in predefined protocols of our Software for fee management.

Concessions

All fee-related discounts and concessions are calculated and allotted automatically in our school payment software.

Custom Fee Receipt

Avail the possibility of integrating your various fee structures across classes into a centralized Fee collection system.

Dynamic fee collection reports

Dynamic Receipt Numbering

Based on your preference our fee management system can use automated receipt numbers or use the receipt numbers already printed on your preferred stationary.

Pay fee online

Hardware Compatibility

Our school fee management software is an industry first in being compatible with both laser printers and dot matrix printer enabling you to use your existing print technology and not having to invest again.

Multiple fee account management softeare

Multi Account

Multiple accounts holding organizations for the purpose of simplified auditing can generate all the fee receipts and collate them on the basis of the account using our accounting software.

Bulk receipt printing tool

Bulk Receipt Printing

Fee receipt generation during audits need not be a hassle anymore as our Fee Management application can easily generate and print all fee receipts in bulk mode.

Multiple Payment Modes

Digital Technology allows you to attract parents with the comfort of paying fees at their convenience using any of the possible listed avenues
in our school payment system with minimum charges levied to the school/college.

Multiple Payment Modes
Generate fee projection reports

Fee Projection Reports

Generate reports giving insight into expected incomes from admissions and fees collected using our fee projection reports.

print daily collection reports

Daily Collection Reports

The income collection for the entire day can be categorized and printed out with simple notations in the form of daily collection reports.

Generate financial reports

Categoric Reports

All incoming financial transactions can be labeled with the appropriate name so as to enable the generation and printing of cataloged financial reports.

Print class wise reports

Class Wise Reporting

All financial transactions can be tabulated into fees collected from students of various classes making it very easy to generate and print class wise fee reports.

Collections Reporting

Our software for Fee Collection lets you generate detailed and in-depth reports using various parameters.

Expense Management

Easily manage and keep track of all other financial transactions related to your institution.

Fee collection Software

Transport Expenses

All expenses reported by transport team can be collated into a central location in the fee software for reporting alongside with income to justify the expenditure.

Track expenses by fee collection tool

Petty Cash

Trivial yet inexcusable expenses can also be tracked and justified using our student fee management tool.

Keep track of voucher generation

Voucher Generation

All income and expense transactions can be kept track of using vouchers being countersigned by the appropriate authorities.

Entire institution financial budgeting

Budgeting

Financial budgeting for your entire institution can be done with relative ease using our school accounting system as all income and expenditure will be captured in the tool categorically.

Collection of fines and dues in period wise

Period Wise

All fines and dues for a particular period can be collated and collected in this format. The information can also be exported in excel format to facilitate ease of distribution to collection teams.

Collection of fines and dues in day wise

Day Wise

Dues & Fines generated for that particular day can easily be tracked to the defaulters and a quick follow up with them will result in payments.

Collection teams management

Defaulter List

All accounts with fees defaulted can be cataloged and categorized accordingly with relative ease to get better results from the collections teams.

Dues & Fines

Dues & fines on fee defaulting can be tracked and collected with relative easy in customization format basis in our Fee Collection tool.

Bank Reconciliation

Have a detailed ledger of all the incoming and outgoing financial transaction cataloged basis of your multiple accounts.

Multi accounting software

Multi Accounting

Institutes who maintain multiple bank accounts for the ease of auditing can implement the various bank accounts in the fee automation software for schools to facilitate ease of auditing and tracking of income and expenditure across all bank accounts with detailed ledgers.

Keep track of all deposits using software

Bank Deposits

Format all deposits in your banks on daily basis into your various accounts and keep track of all sources of these deposits for auditing purposes.

Transparency to all records

Transparency

Clear records of all money collected, expended, deposited & in-hand to ensure alacrity of all funds received.

Automated sms from fee collection tool

Automated Due SMS

An automated SMS can be sent from the school fee software to the registered mobile phone numbers of the parents who have defaulted on school fees post due date.

Send fee payment sms trough fee collection tool

Fee Payment SMS

All successful receipt generation against fees collected is also associated with an automatic SMS generated for the registered mobile number intimating the parent regarding amount paid and date.

Send cheque bonus sms using fee collection tool

Cheque Bounce SMS

All parents who wish to pay the school fees via cheques can be intimated with automatic SMS from the Fee Collection if the cheque gets bounced for any reason.

Integrated SMS

Have a detailed ledger of all the incoming and outgoing financial transaction cataloged basis of your multiple accounts.