What information is included in the Fee Collection Summary report, and how can it assist the school accountant?

The Fee Collection Summary Report provides a concise overview of the total fee collections within a specified time period. It includes:

• Collection Summary: Total collections for a day, month, or a custom date range.
• Breakdown by Fee Type: Collections categorized by different fee types.
• Instalment-Wise Collections: Total amounts collected based on specific instalments.
• Payment Mode: Summary of collections segregated by payment modes (e.g., cash, card, online).
• Class Scope: Report can be generated for a single class or multiple classes using filters.

How Can It Help the School Accountant?

1. Quick Overview: Provides a high-level view of total collections for the specified period, helping accountants understand the financial performance at a glance.
2. Flexible Filtering: Filters like fee type, instalment, and payment mode allow for easy categorization and analysis of collections.
3. Financial Tracking: Helps track daily, monthly, or periodic financial inflow, ensuring the school meets its revenue targets.
4. Simplified Reconciliation: Payment mode-wise breakdown assists in reconciling payments with banking or other payment systems.
5. Targeted Analysis: Class-specific reports can highlight collection trends or challenges for specific groups of students.

Steps to Generate the Fee Collection Summary Report

1. Navigate to Finance > Fee > Fee Reports
2. Locate the Fee Collection Summary Report.
3. Apply the required filters such as fee type, instalment, payment mode, date range, or class.
4. Click on Submit to generate the summary.
   • You can download this report in the Excel or PDF format.

DAY WISE REPORTS

MONTH WISE REPORT