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Creating Annual Fee Structure with example

The Demo School has following fee structure for the LKG and UKG Students

 New AdmissionRe Admission
Admission fee100100
Tuition fee32003200
Library fee200200
Sports fee100100
Registration fee-500
Application fee-100
Total36004200

In this Case there is separate fee structure for New Admission And Re Admission Students are in the same class.Application Fee and Registration fee are extra collecting for New Admission students.

To define the above Fee Structure fallow these below steps.

  1. Create two Fee Slabs  New Admission and Re Admission.
  2. Create Fee Names.
  3. Create two Fee Groups New Admission Fee And Re Admission Fee.
  4. Assign Fee and Fee Amounts separately for both the Fee Groups New Admission Fee And Re Admission Fee
  5. Assign New Admission Slab For New Admission students and Re Admission Slab For New Admission students.
  6. Collect Fee from Fee Payment in two modes one Full Payment one time and another mode is Partially two or three time as per the parent's Convenient.
  7. Generate Receipts.

Step 1: Creating Fee Slabs

Go to Master->KV Config->Click On (plus) button.

Select Config Name FEE_SLAB

Enter Config Key 1

Enter Config Value NEW ADMISSION

Click On Add button to Save.

Repeat the Same Steps to Add RE ADMISSION Slab also.

Select KV Config Type FEE_SLAB,The Added Slabs Are Displayed as follows.

To Edit or Delete Using Edit Delete buttons.

Step 2: Creating Fee Names.

Go to Masters->FEES->Click on (plus)button.

Enter the Fee Name ADMISSION FEE

Enter Fee Description any description.

Enter Account No 1 for demo purpose.

Click on Add button to Save the Fee Name.

Use the same steps to Add Library Fee, Sports Fee,Tuition Fee,Registration Fee,Application Fee.

To Edit or Delete Using Edit Delete buttons.

Step 3:Creating Fee Groups.

Go to Masters->Fee Groups->Click on (plus)button.

Enter Fee Group Name NEW ADMISSION FEE.

Enter Alias Name ANNUAL FEE. 

Set Fee Group Type Annual.

Select Fee Slab NEW ADMISSION.

Click On Add button to Save the Fee Group.

Repeat the Same Steps to to Create RE ADMISSION FEE group also.

Select Fee Group Type Anual

 

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