How can I collect Secuirty deposite fee?

You can collect a security deposit by configuring it as an optional and refundable fee, then collecting it through fee collection.

1. Create the Security Deposit fee type

• Navigate to Settings > Finance > Fee > Fee Type.
• Click (+) Add Fee Type.
• Enter the fee name as Security Deposit.
• Select Fee Type: Optional and mark it as Refundable Deposit.
• Map the applicable classes and click Save.

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2. Map installments and students

• Click the three dots next to the Security Deposit fee type.
• Select Map Installments, choose the required installment(s), and Save.
• Again, click the three dots and select Map to assign the fee to students.

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3. Collect the Security Deposit

• Navigate to Finance > Fee > Collect Fee.
• Search for the student.
• Select Security Deposit and click Proceed.
• Choose the payment mode, enter details, and click Confirm.

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Watch the video.