Classter’s Billing Module allows you to add interest in already settled arrangements. Whether it’s because of delays in payments or to match the inflation rate, an interest can be added in bulk with a few simple steps. In this article, we will see the simple steps of configuration required for
In Classter, apart from having a default price per educational program, class, and subject, you can also have diverse pricing categories for all these entities. Depending on your policy, you can select which one will be filled in by default, when adding an educational program to a student and/or enrolling
In this section you configure the dropdown lists used in the Financial Management module. You will be able to create new Arrangement Plans, Billing Plans and much more. You can also add and make available financial institutions such as Banks in the payment methods. Configuration > Financial Settings > Dropdown
The Arrangement Category page is the first that is loaded when you click on the Dropdown list menu. Note: This may vary according to your institution’s setup. Figure 6 Here you can view the existing Arrangement Categories e.g. Normal – arrangements with no problems that are paid on time, Problematic
Select Arrangement Plan from the dropdown list. On this page you can create and edit arrangement plans that will then be available to users (Admins, Staff, Students or Payers) in the financial forms and management sections. Figure 8 You can Create new arrangement plans by clicking on the ‘+Add New’
Financial Arrangements in classter represent an agreement between a Student/Parent and the institution regarding the amount to be paid for the provision of education or other services. Arrangements must be connected to an Educational Program or Service. The difference between mandatory and automatic association between educational programs is that: With
Tuition fees in education are usually paid in many ways, one of those ways is in instalments. Instalments are the periods of time within which the client will get invoiced and pay, e.g., one time per year, each semester, every month etc. In Classter educational institutions can create predefined arrangement
Select the Billing Plan option from the dropdown list. On this page you can create and edit Billing Plans that will be used for payments and will be made available to users (Admins or Staff) in the financial forms and management sections. Figure 15 On this page you can Create
Watch the How-to Video Select the Billing Reasons option from the dropdown list. On this page you can create and edit Billing Reasons that you use for describing the reasons for specific payments that will then be available to users (Admins or Staff) in the financial forms and management sections.
An arrangement is directly connected to your educational institutions’ finances. It mainly refers to the financial agreement between you and your client in order to use your services. In Classter, it resembles the marking scenario, only for the Billing Module. An arrangement can be created between the two parties (school/college-client),