• Fee Management
  • Create Institute Or School
  • Payroll HR, Salary
  • SMS Email
  • Examination Report Card
  • Manage Subject
  • Manage School Stationary
  • Custom Report
  • Course
  • Fee Management
  • Create Institute Or School
  • Payroll HR, Salary
  • SMS Email
  • Examination Report Card
  • Manage Subject
  • Manage School Stationary
  • Custom Report
  • Course
  • Native Andriod App
  • Attendance Record
  • Statistics

Late Fees/Fine Management



Late Fees/Fine Management


eschools.cloud School penalty/fine makes it easier for you to set penalty rules for calculating fines for late fee payments as per your institute rules. In this feature you can set various penalty rules that get applied daily, weekly or semester wise for separate fee groups and fine can be calculated in amount, percentage or according to the institute’s rules. This module helps you to calculate penalty at the time of receiving fee from student. Receive Fee module automatically calculates and generates the fines if any based on rules specified for penalty calculation by institute. Our feature is not only offering specific penalty management ways but also giving you multiple ways to set and manage penalties. 1) Penalty rule for fee group ‘Group A’ as follows: • Payment term days as 10 days. • Fine as 5%. • Fine is fixed. If fee due date is 10/01/2018 and if student fails to pay within this due date, after the completion of payment term days (10days) , penalty amount (5%)on total amount will be charged. 2) Penalty rule for fee group ‘Group B’ as follows: • Payment term days as 10 days. • Fine as 10%. • Fine period segment as daily. If fee due date is 10/01/2016 and if student fails to pay within this due date, after the completion of payment term days (10days) , penalty amount (10%)on total amount will be calculated daily until the payment has been cleared. 2) Penalty rule for fee group ‘Group C’ as follows: • Payment term days as 10 days. • Fine as per condition. • Fine period segment as Conditional. If fee due date is 10/01/2016 and if student fails to pay within this due date, after the completion of payment term days (10days) , penalty amount (as per condition) on total amount will be calculated conditional. This module allows you to: • Flexibility to define various types of your fines. • Different types of fines can be applied if fees are not paid by the due date. • Define how fines need to be calculated such as daily, weekly, monthly or yearly. • Apply fines to all or specific Fee groups. • Apply fines on the absentees. • Receive fine amount at the time of receiving fees by sending Email/SMS notices. • Apply fines to Library books or items through library management settings.