Administrative Feature
Fee Management
Simplify and Streamline Fee Collection & Accounting
School Configuration in BeeVyuha™ provides a comprehensive suite of customization options, allowing institutions to manage school settings, application appearance, and ID formats. This feature ensures that all configurations are tailored to the school's unique requirements, making administration seamless and efficient.
Core Functions of Fee Management
Fee Structure & Allocation
Define and manage fee components with customizable configurations, ensuring a structured and organized approach to fee collection.
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Flexible Fee Structuring
Create and categorize fee components such as tuition, transport, books, and uniforms for precise fee allocation. -
Multi-Installment Payments
Configure installment-based payments with due dates and automated reminders to ensure timely collection. -
Dynamic Fee Allocation
Assign fees to students based on class, category, transport distance, or other institution-specific parameters.
Payment Management & Processing
Enable smooth and secure fee transactions with multiple payment methods and automated reconciliation.
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Diverse Payment Methods
Accept payments via cash, cheque, net banking, credit/debit cards, UPI, and integrated payment gateways like Razorpay, CCAvenue, etc.
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Automated Payment Tracking
Monitor real-time transaction status, generate receipts, and reconcile accounts effortlessly.
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Secure & Transparent Processing
Maintain detailed transaction logs with payment verification to ensure accuracy and accountability.
Fee Concessions & Discounts
Apply structured discounts and concessions to eligible students while maintaining transparency.
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Customizable Concession Criteria
Define discounts based on scholarships, sibling benefits, financial aid, or other institutional policies.
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Percentage-Based or Fixed Amount Discounts
Apply either fixed-value or percentage-based concessions to specific fee heads.
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Automated Concession Application
Ensure seamless integration with student profiles, allowing for easy approval and tracking of concessions.
Accounting & Financial Management
Ensure accurate financial tracking with ledger-based accounting and real-time financial reports.
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Bank Account & Ledger Management
Maintain records of bank transactions, categorize income/expenses, and reconcile fee deposits effortlessly.
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Transaction & Balance Tracking
Monitor all financial transactions, including payments, refunds, and adjustments, ensuring an audit-ready system.
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Secure Financial Control
Assign role-based permissions for accountants and administrators to maintain financial integrity and security.
Fee Reporting & Analytics
Gain financial insights with detailed reports on fee collection, outstanding dues, and concessions.
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Fee Summary Reports
Track total fees collected, pending dues, and student-wise fee payment records.
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Customizable Reports
Generate reports for fee heads, installments, payment modes, and overdue accounts.
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Real-Time Data Access
View real-time financial analytics to make data-driven decisions for institutional financial planning.
Key Benefits of Our Fee Management System
Seamless Fee Structuring
Categorize and configure fees for an efficient collection system.
Multi-Mode Payment Support
Allow secure transactions via various online and offline payment methods.
Automated Concession Handling
manage discounts without manual intervention, ensuring transparency.
Integrated Accounting & Ledgers
Keep track of all financial transactions with structured ledger management.
Comprehensive Fee Reports
Monitor fee collections, pending dues, and financial trends with analytics.
FAQ
Frequently asked questions:
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How does Fee Management simplify fee collection?
It automates fee structuring, allocation, and payment tracking, reducing manual effort and ensuring accuracy.
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Can we customize fee installments and due dates?
Yes, administrators can define installment-based payments and set due dates with automated reminders.
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What payment methods are supported?
Our system supports cash, cheque, UPI, net banking, debit/credit cards, and third-party payment gateways.
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Can we generate financial reports?
Yes, the system provides detailed fee reports, including collection summaries, due reports, and concession analytics.
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Does the system support fee concessions?
Yes, you can configure concessions based on scholarships, sibling discounts, and institutional policies.
