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

This setting applies to all transactions and can be viewed in the Sales Report (currently under enhancement).

• 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.