Finance
Online fee collection - same receipt for families and finance
Fee structures, online pay, PDF receipts, and defaulter views in one ledger - bursars stop reconciling payment exports every month.
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From fee structure to family receipt
Fee types, installments, waivers, and class assignments generate instances families can pay against. Successful payments produce PDF receipts with email delivery - the same record finance uses for reconciliation.
Collections teams need visibility
- Class-wise and student-wise outstanding views
- Defaulter lists for follow-up campaigns
- Payment history with mode and timestamp
- Finance dashboards tying collections to cash flow
Connected to the rest of finance
Fee operations sit beside budgets, vendor bills, expenses, and payroll in Schoolyi so leadership sees one operational finance picture.
Frequently asked questions
Straightforward answers for visitors evaluating the product.
Do online payments automatically replace accounting software?+
No.
Schoolyi records fee instances, payments, receipts, waivers, and refunds as operational finance; the school’s general ledger and statutory accounting remain separate.
What should finance verify before launch?+
Test a fee instance, successful payment, receipt PDF, failed or duplicate attempt, waiver, and reconciliation path in the target deployment.
Have finance sign off the expected ledger result for each case before families use the live payment flow.
