Sweedu Features

How to Improve Security and Safety on Campus with a Visitor Management Module?

How to Improve Security and Safety on Campus with a Visitor Management Module?

  Today, student security and safety on campus is one of the areas that parents look into while looking for admissions. When we think of campus security, we think of ID cards, security cameras, and security personnel but there’s another area that raises security concerns i.e. managing and keeping track of the stream of visitors.  Now, this task can be…

School Management Software In Tamil Nadu: How Does It Improve Your Efficiency?

School Management Software In Tamil Nadu: How Does It Improve Your Efficiency?

  As a state with 80% literacy rate, more than the average literacy rate, the education system in Tamil Nadu has evolved a lot.  If the institutions in Tamil Nadu want to improve their rating they need to adopt an education management software like SWEEDU. In this blog, we’ll explore how an education ERP software can improve internal management in…

Lead generation for schools: How to attract potential students & parents? Learn with SWEEDU

Lead generation for schools: How to attract potential students & parents? Learn with SWEEDU

  Student admissions are a primary source of revenue for schools. However, with numerous schools in the market, how can you ensure that your school stands out? As a school principal or administrator, it’s crucial to attract potential students and parents to your institution for sustainable growth.  In today’s digital age, having a robust online presence and an effective lead…

How does a Student Management System Benefit Educational Institutions?

How does a Student Management System Benefit Educational Institutions?

  Managing an educational institution is a hectic process. One of the reasons being the amount of student data you have to process, organize and store. Want to know how major educational institutions manage this tiresome process?  Through student management systems. With a student management software, all student data can be quickly organized, stored and accessed online for maximum productivity,…

SWEEDU School Management System: 10 Unique Features Not Found in Other Software

SWEEDU School Management System: 10 Unique Features Not Found in Other Software

  School management includes managing the school’s administration, teaching staff, students, parents, and more . For increased efficiency, make your management process digital with the SWEEDU school management system. Having to manage different departments can increase errors, miscommunication, and an increased workload. All these factors can affect your management or even slow it down. By using school management software you…

Implementing Education ERP Software with Mobile App: What are the advantages?

Implementing Education ERP Software with Mobile App: What are the advantages?

  Learning institutions are quickly moving toward digitalization. One of the most popular tools to aid them is the education ERP software. It allows educational institutes of different sizes to manage their work with higher efficiency and automation. But the integration of the education software with the school mobile app for management can significantly increase your institute’s productivity and offer…

School Transport Management System: How does it improve the safety of your students?

School Transport Management System: How does it improve the safety of your students?

  The importance of a better school transport management system is realized when the school bus is late and the parents get anxious wondering if their child is okay. Efficient school transport management will help bridge the communication between the school bus driver, the school, and the parents. Education ERP Software like SWEEDU offers you a Transport Management feature that…

Student Attendance Management System in School ERP Top 5 things you should know

Student Attendance Management System in School ERP Top 5 things you should know

  Ensuring student safety at the educational institution is important for institution. One part of it is taking regular attendance of every student as well as the staff. While many schools have a biometric system in place for recording regular staff attendance, most schools still take student attendance manually. For such institutions, the student attendance management system is a useful…

Homework App for Students in School ERP: How to Easily Manage your School Homework?

Homework App for Students in School ERP: How to Easily Manage your School Homework?

  The past year has taught many schools, their staff, teachers, students, and parents how necessary digitization is in the field of education. With the digitization of the institutions, it is no longer a surprise that even the planning and management also gets digitized with technology like homework app for students. Such and other apps are built-in within school ERP…

Benefits of Using Human Resource Management System in School ERP

Benefits of Using Human Resource Management System in School ERP

    Human resources are an inseparable part of any institution or organization. To manage them a human resource management system is established so that they can be handled more efficiently. An educational institution is no different. Every school has its HR department that takes care of its hiring and training the new recruits, and its overall management. The school…

University Management Software for Easier Handling of Education Processes | School ERP Software

University Management Software for Easier Handling of Education Processes | School ERP Software

Universities offer many different educational programs from different fields of study. Managing these programs along with the students, teachers, staff, and other stakeholders of the university is a handful task that needs accuracy and efficiency. University management software is the tool that can assist you in performing all the above tasks and responsibilities with more precision. Managing different faculties, departments,…

College Management Software to Improve Your College’s Efficiency | School ERP Software

College Management Software to Improve Your College’s Efficiency | School ERP Software

Colleges and Higher Education Institutes (HEIs) have many processes and functions that ensure the easier operation of the institution. Traditionally, colleges and HEIs would manage these things using physical registers or mundane offline computer programs. However, institutions are modernizing and so are their ways of managing their institutions. This is where college management software comes in. Colleges are often bigger…

Coaching Institute Management Software and its Uses for Your Institute | School ERP Software

Coaching Institute Management Software and its Uses for Your Institute | School ERP Software

Education is not limited to schools, colleges, and universities. To get admissions into the top universities or choose the career they want, students have to attempt various competitive exams. To crack these examinations, students often go to coaching classes and training institutes and get additional, exam-specific guidance from the experts of that field. Coaching institute management software helps you to…

Online Exam System and What You Need to Know About it | School ERP Software

Online Exam System and What You Need to Know About it | School ERP Software

While most of the schools still remain closed, teachers are conducting classes online using tools like school ERP software. However, as time passes, the need to conduct exams is also evident. An online exam system is an alternative to offline on-premise exams. Like online classes, online exams for students need only a smart device like a laptop or smartphone and…

Campus Management Software: College ERP Software

Campus Management Software: College ERP Software

Educational institutions have to a lot of taking care of while managing the learning of students, offering better facilities to the staff and faculty, and providing transparent services to the students’ parents. Campus management software is a tool that allows school administrators to manage all these things from a single platform. Managing the school or college campus traditionally or manually…

Fees Management System : School ERP Software

Fees Management System : School ERP Software

Fees Management System : School ERP Software

These days, both students and their parents work from home. Hardly any child gets to leave home if it is not about going to school to pay the school fees. Whether it is the student or the parent, they have to wait in a long line to make sure that their or their child’s school fee is paid. However, this process can be simplified by implementing a fees management system in their educational institution. While you can purchase a separate fees management system, it is often also a part of top school ERP software. Implementing a school ERP software provides a digital solution to every stakeholder of your school.

But what is fees management software and how is it helpful to your educational institution? This blog will discuss that and more. So, keep reading to find out.

What is a fees management system?

Fees management software or system is a tool to digitally manage your school fees and everything related to it. It simplifies the process of fee collection and structurization.

It offers various features like setting fees structure, discount management, setting student fees, due fees reports, paid fees report, fees transaction report, and many more.

Once the administrator sets up the fee structure, the software automatically calculates the total fees of any students. It allows you to manage due and paid fees so that you can send a notification message to the parents reminding them to pay the fees before the due date.

After the due date, the software will automatically add the penalty fees to the total and update the parents via the school management mobile application for parents.

Why is the fees management system necessary?

For a long time now, schools have been collecting fees manually and physically which made parents stand in a long line in front of the school office. This process was often draining for both the parents/students and the school administration. With the prevailing situation, this got worse as parents are hesitant to stand in long queues and are currently working from home.

The fees management system in school ERP software allows you to collect and manage fees online with complete safety and security. With the Payment Gateway integration, it also allows parents to pay school fees online without any hassle. They can simply use online payment methods like UPI, net banking, credit/debit card, etc.

This helps parents to pay their child’s school fees on time without leaving their home. When they can pay school fees so fast, parents can also avoid late fees.

The fees management software helps school administration to keep an accurate tab on every school fee received and due. They do not have to manually manage the transaction. With Payment Integration, they can also collect fees online so that they do not have to go to the bank to deposit money received from parents.

Benefits of using fees management system

The fees management in school ERP software offers many benefits to the school administration as well as the students & parents. These benefits are what make school management software and its fees management function so desirable among the users of the school ERP.

Some of the beneficial features that the fees management system has to offer include:

Fees Structurization

School administrative staff need to keep separate fees structure for every class or department of their schools. For example, fees for the primary section will be different from fees for the secondary or pre-primary section of your school. And accordingly, you have to create different fee structures.

With school management ERP and online Fees management modules, you can create various fees structures for your school and its students.

Discount Management

Certain students are eligible for discounts or have an external scholarship because of which their school fees are discounted. Manually, the staff at the administration office has to add a reminder to the student file to remember to give a concession in the fees they charge.

But with the fees management system, the administrator can simply add the details once and the software will automatically calculate the total fees that the student has to pay every month or year.

No longer does the admin need to calculate the difference every time they need to change the fee structure of the student.

Student Fees Detail

Get a complete fee payment history of any student in your school with just one click. The student fees detail allows the school administrator to see the complete academic fee payment profile of any particular student of your school so you know how much of their fees have been paid, how much is remaining, sort it on a monthly basis and print the receipt.

Managing singular student fees and sharing a physical receipt is easier with the fees management module in school ERP software.

Paid Fees Report

School fee is the income of any school that is necessary to provide better education facilities to the students of their school. Hence, keeping an accurate tab of the fees paid by students/parents is very important.

However, keeping the records in a spreadsheet manually takes up a lot of time.

With the software, you can easily gather the report of every student’s paid fees in one tab. This can include the regular fee, late fee, hostel fee, transportation fee, and any other applicable charges.

Moreover, you can export this data to excel if you want.

Due Fees Report

Similar to paid fees report, the due fees report tab shows you the overall due fees of all the students in your school. With this, you will know how much fees are remaining to be paid for the month or year.

After your set date, the software automatically adds the late fee to the total fees that the student has to pay.

You can choose to send a reminder SMS to the parent’s phone so that they can pay the fees on time and avoid the late fees.

Fees Transaction Report

Every month, you will need to see the complete income of your school through fee collection. For that, you need to maintain a ledger where all the transactions of your school are written down. However, maintaining these records in a physical register can be a task as it is prone to damage due to external forces like the weather.

With the secure cloud server of the school ERP software and fees management, you do not have to worry about damage or data loss.
The fees transaction report gives you a summary of all the school fees-related transactions in one place. You can view the data and print the receipt if you want.

Online Fee Payment

With the new technologies coming in, almost every business takes their transactions online. However, many schools in India still ask parents to come to the school to pay the fees.

The online fee payment tool allows parents to pay school fees online through UPI, internet banking, and credit/debit card. This gives parents the freedom to pay their child’s school fees from anywhere without standing in a long line.

Moreover, offering an option to pay school fees online shows parents how the school is taking steps towards providing better services to the students and parents.

EndNote

Managing school fees smartly is the need of the hour. With the fees management system in school management software, you can manage various school fees-related aspects from a single interface.

It is fast, secure, and reliable software that quickens your fee management process. It also provides better facilities to your school administration as well as the parents/students.

You can try the fees management system for free in the SWEEDU school ERP software. Once you understand it and implement it in your educational institution, you will see the difference in your efficiency to manage school fees and several other school-related tasks.

What are your thoughts on fees management software? Let us know in the comments section below and be sure to share the blog with your peers who may find it beneficial.

 

School ERP Software in Himachal Pradesh: How to find the right one?

School ERP Software in Himachal Pradesh: How to find the right one?

Sweedu School ERP Software is one of the school ERP software in Himachal Pradesh, India for the last 7 years. Sweedu has successfully helped countless education organizations to get digital in Himachal Pradesh. The strong presence of the software has attracted many new schools and colleges of the state. The software is available with Web Panel, Desktop Software, Parents &…

How Does A School Conductor App Work To Promote Student Safety?

How Does A School Conductor App Work To Promote Student Safety?

Parents always trust the school and the school bus drivers to keep their children safe while driving to the school, during, and back. And the concern is even greater when the child is too young. While there are many school management software that helps schools to manage their operations, only some of the best school management software offers additional features…