Select and add the Fee Structure. The moment you add the Fee Structure, the Fee Break Up for Each Student will be auto-populated.
Select and add the Academic Year and the Academic Term.
Add the Due Date for the fees.
Select and add the Student Group.
Save and Submit.
The Accounting features and Accounting Dimensions will be fetched as-is from the Fee structure.
3.1. Printing Settings
Select and add the Letter Head to be used for printing the Fee Receipt.
Select and add the Print Heading for the Fee Receipt.
Working with OneOfficeERP allows you to update your account entries with extreme ease. Whenever a student submits their fees and it gets recorded in the system, your Accounts will get updated simultaneously.
To facilitate that smoothly, you can add your Accounts details in the fee structure.
Receivable Account: Enter the name of the Receivable Account for your Institution.
Income Account: Select and add the Income Account for your Institution.
Company: Select and add the Company under which all the payments are made. If there are multiple institutions in your OneOfficeERP account, or if the Accounts are handled by a Sister Company.
3 .3. Accounting Dimensions
Cost Center: Select and add the name of the Cost Center of your Institute for Accounting Dimensions.