Finance & Billing
Fees, payments and the books, all reconciled
From fee structures and invoicing through to the general ledger, budgets and bank reconciliation — finance covers a school's full financial cycle, not just fee collection.
What's included with Finance & Billing
Fees & Payments
- Fee structures per class and term, with optional fees
- Discounts, scholarships and payment plans
- Invoicing and payments, with statements for parents
- Refunds and vouchers
Accounting
- Full ledger and chart of accounts
- Journal entries
- Accounts payable and receivable
- Expenses and director's drawings
Planning & Control
- Budgets vs. actuals
- Bank reconciliation
- Financial reports
- Audit trail
Why it matters
Parents see one statement, drawing on invoices, payments, discounts and payment plans together
The books and the fee ledger share the same data — no separate reconciliation
Budgets vs. actuals are visible without pulling numbers into a spreadsheet
FAQs on Finance & Billing
Can we offer payment plans instead of one lump-sum fee?+
Yes, payment plans are supported per student or family.
Do parents get a statement they can check anytime?+
Yes, statements are available in the parent portal.
Does finance cover full bookkeeping, or just fee collection?+
The full cycle — ledger, journal entries, budgets and bank reconciliation, not just fees.
See Finance & Billing on your own institution
Get in touch and we'll walk you through it, and put together a quote.
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