Payment Settings
Last updated: March 2025
This page allows you to manage different payment settings.
Access and Navigation
Payment Settings can be accessed under Finance > Finance Setup.
Check the privilege assigned to your user account or role if you cannot view a link from the list.
Contact your school’s system administrator to request view or edit access if you cannot access the rights management screen.
Late Penalty Exemption
Double-click the Amount in Pesos field
Enter the amount
Click outside the field to auto-save
A confirmation message will appear
Payment Cancellation Remarks
Click the Pencil icon next to Payment Cancellation Remarks
A pop-up will appear where you can:
Add, edit, or delete remarks
Click +Add Value to add a new option
Edit existing remarks by clicking on them
Remove a remark using the X button
Click Update Remarks to save changes
Withholding Tax Amount
Double-click the Percentage Amount field
Enter the percentage
Click outside the field to auto-save
A confirmation message will appear
Merchant Discount Rate
Double-click the Percentage Amount field
Enter the percentage
Click outside the field to auto-save
A confirmation message will appear
Auto Enrollment
When enabled, students with a 0.00 assessment during enrollment are automatically marked as officially enrolled
A Php 0.00 transaction is recorded under the Scholarship payment mode
To enable Auto Enrollment
Toggle ON the Auto Enrollment setting
Enter Payment Remarks for automatic tagging
Select the default reconciliation bank for 0.00 payments
Apply Online Payments to Previous Term Balances
When enabled, payments are split across multiple terms with the same transaction details
To enable, toggle ON the setting.
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