What does the ‘Fee Due Effective From Date’ mean, and how does it affect fee collection for new admissions?

The ‘Fee Due Effective From Date’ helps schools decide from which date a student’s fee should be charged, especially for mid-term or late admissions.

Instead of collecting fees from the start of the session, schools can start fee calculation from a specific date, month, or installment.

Example:
If a student joins on 6th June but the school wants to charge fees from July, set the Fee Due Effective From Date as 1st July. This ensures fees are only charged from July onwards.

Note: This works only if Pro-Rata settings are enabled and set to use the ‘Fee Due Effective From Date’ method.

How to enable Pro-Rata settings :

Go to: Settings > Finance > Fee > Fee Collection > General Tab
Enable Pro-Rata, and select ‘Fee Due Effective From Date’ as the method.