Fees collection & receipt printing is the most important department of a institute, because this is the major source of income and major activity of any day in a institute. In a institute, you will need to receive fees from hundreds of students in a day and issue receipts to them. This process should be very fast and accurate. Advanta Rapid ERP is the Institute fee collection software, which automates department of fee collection for any institute with complete security and consistency/accuracy of your data. Also it allows receiving fees in seconds with few clicks of mouse/keyboard.

Institute Students Billing and Fees Accounting Software

The billing module can be configured to execute institute policies. It fixes the fees structure of students at the time of admission. The concessions and other optional fees can also be defined at the time of admission. A fine structure can be defined for imposing fine to defaulters. The payment schedule tells students when and how much to pay. The system generates meaningful and quick reports. The student billing and payment module is tightly integrated with accounting. All the fee receipts are automatically posted into respective ledgers and other accounting books.

Why Advanta Rapid is Best Institute Payment Management Module

This fee software will help staff utilize their time efficiently and also reduce the overhead while collecting student fees, so that management can utilize their time in other areas of the institute. The partial payment facility, balance adjustment facility, fee relaxation facility, % wise discount, optional fees, concession, hostel fees system, transportation fees and separate conveyance facility features makes the software a must for all institutes intended to computerize the process of fee collection.

• Fast data entry and receipt printing
• The Partial payment facility, balance adjustment facility, Fee relaxation facility, % wise discount, optional fees, concession, hostel fees system, transportation fees and separate conveyance facility and many more.
• Fee concession/waiver facility, where you can give full fee concession/relaxation to a student. Here you can set the tuition fee of the student to zero.
• Easy Transfer of students from one class to next class. No need to register the same student again. Just select and transfer/promote them to next class.

Salient Features of Institute Fee Management System

• Single click fast operation
• Automatic calculation of pending fee
• Automatic calculation of concessions applicable
• Different fees to old students and new students
• Parking Fees
• Migration Fees
• Flexible fee structure: one-time fee, refundable fee, annually fee, monthly fee, weekly fee, daily fee, installments
• Optional fees components
• Games fee
• Receipts printing on all types of printers according to your own design

Advantages of Institute Fees System Software

• Flexible Fee structure
• Handle all types of fee heads
• Handle all types of fee schedules (one-time fee, refundable fee, annually fee, monthly fee, weekly fee, daily fee, installments)
• Fast data entry
• Fast Receipt printing
• One screen for all data entry
• User based strict security and permissions

Security of Institute Fees Management Software

Institute Fees Administration Software is absolutely secure. All transactions are secure. It ensures that once a receipt has been printed the transaction cannot be changed, edited or deleted. We can get a list of transactions created, edited or deleted by a user. If we allow editing of data, we can get complete reports of editing and deletion. This aspect secures the system against any fraud.

Institute Fee Software is User Friendly

Institute Fee Software is User-Friendly. A user with no knowledge of accounts can easily create billing heads with their details, make fee structures, enter fees due and receive payments. No technical training is required for your staff. All the fees transactions are automatically posted into accounts.

Fast Institute Fee Software

Speed of our Fees Software is very fast. As in a institute you process fees from hundreds of students in a day, speed is very important for fee collection software. So we have taken highest care of this aspect. It assigns fee structure of all students automatically by picking from class fee structure. You can also manually edit fee structure of any student. And, with few clicks of mouse or keyboard, you can issue receipt to a student within few seconds.

Reliable Institute Fee Management System

Institute Fees Management System is reliable. All the transactions are stored in a well designed Ms-Access or Ms-SQL Server database. Data is automatically backed up at frequent intervals. Database is optimized automatically at frequent times to ensure maximum stability.

Reports of Institute Fees Software

Institute Fees Software provides a lot of meaningful reports. Following is a list of some of the reports:

• Fees Collection On A Date
• Fee collection by fee heads (For the accounts department)
• Fee Detail
• Student billing and payment history
• Defaulter's list
• Outstanding Fees
• Class Wise Fee Receipt Detail
• Students Fee Receipt Detail
• Student Ledger
• Fee Register - 1
• Fee Register - 2
• Misc. Fee Receipt
• Date Wise Fee Heads Summary
• Date Wise Fee Ledger Detail
• Series Wise Collection
• Fees Changes Log
• Month Wise Fee Ledger Detail
• Date Wise Fee Ledger Summary
• Receipt Wise Fee Heads Detail
• Fee Head Wise Receipt Detail
• Fee Head Category Wise Detail
• Optional Fees
• Late Fee Depositors
• Class Wise Total Receipt
• Fee Head Wise Concession