Payment mode

Last updated: January 2025

This feature allows you to set up what payment terms are implemented by the school.

Access and Navigation

To access this module, go to Planning > Finance Setup > Payment mode

If you cannot view the link from the list, check the privilege assigned to your user account or role.

Create a New Payment mode

Newly created payment schemes will apply to the incoming school year and not to the current one.

  • Click + New

  • Fill out the necessary details:

    • Label - what to call the Payment mode

    • Applies To - Specifies the grade level/s for which the payment mode is applicable.

    • Visible To - Defines the grade level/s that can view the payment mode.

    • Discount - Specifies whether the student will receive a discount when opting for this Payment mode. The discount can be entered as either a fixed amount or a percentage (ensure the % symbol is appended for percentage-based discounts).

    • Additional charge - Indicates whether an interest fee will be applied if the student selects this Payment Scheme. The input for the additional charge is a fixed amount.

    • Penalty application mode

      • When Penalty Application Mode is FIXED: late penalty for payment dues that remain unpaid will be applied after the due date and will only be applied once every due date.

      • When Penalty Application Mode is RECURRING: late penalty for payment dues that remain unpaid will be applied after the due date = penalty application will recur until payment for the due date is made.

    • Enrollment Verification (Optional) - This is an additional step in the enrollment process. Selected payment schemes may require enrollment verification, along with additional requirements that must be submitted or complied with. Until enrollment is verified, the student cannot receive grades in the score sheets.

    • Payment Due Dates

      • Description - The label or name assigned to the due date (e.g., "1st Payment")

      • Due Date - The specific date by which the payment must be made

      • PAID % or PAID AMOUNT - This can be toggled between PAID % and PAID AMOUNT

        • When using PAID %, the total percentage must sum to 100%

        • When using PAID AMOUNT, any amount can be assigned to each payment due date

      • Penalty - The penalty amount the student will incur if the payment is not made by the due date

      • Additional Charge (checkbox) - Determines whether the Additional Charge for this Payment Scheme will be divided equally among all due dates where this checkbox is selected

  • Click Add Payment mode once completed

Example for Additional Charge (Checkbox):

  • Additional Charge: ₱4,410.84

  • Due Dates with Checkbox Ticked: Upon Enrollment and 2nd Payment

The Additional Charge (₱4,410.84) will be divided equally among the due dates where the checkbox is ticked. In this case, the charge will be split between two due dates.

  • Upon Enrollment: ₱2,205.42 additional charge

  • 2nd Payment: ₱2,205.42 additional charge

This ensures that the total Additional Charge is distributed evenly across the selected payment due dates.

Duplicate a Payment mode

A duplicated Payment Scheme will apply to the upcoming school year, not the current one

Click the Copy button to duplicate the Payment Mode.

A window will pop up displaying the existing settings of the copied Payment Scheme, which you can modify as needed.

Once you're finished, click Add Payment mode to save your changes.

Edit a Payment mode

Click the Pencil button on the Payment mode that you wish to edit. Modify the contents as needed.

Click Update Payment Scheme once done.

Delete a Payment mode

Click the Trash bin icon on the payment mode you wish to delete.

In the confirmation pop-up, click Delete if decided otherwise click No to go back

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