FTS School manages all tuition exemption and discount programs and automatically applies them during tuition calculation and billing.
Types of exemptions and discounts:
- Tuition fee exemptions:
- By amount
- By percentage
- Applicable to specific fee types.
- Apply multiple exemption programs.
- Supports both cumulative and tiered calculation methods.
- Early Payment Discount: periods and payment deadlines, the discount is auto deducted from the tuition fee upon collection.
Cách phần mềm xử lý:
- Define exemption and discount programs, (name, fee, percentage or amount, and eligibility conditions).
- Assign programs to individual students or student groups.
- When tuition notices, the system autocalculates and displays the applicable deduction amounts.
- Exemption and discount details are clearly presented in reports and parent notifications.
- During tuition collection, the system auto applies eligible exemptions and early payment discounts based on billing period and payment date.
- The system auto accounting entries for all exemptions and discounts during the reconciliation process.
Thank to features, the school manage accurate application of discount policies,reduce errors, and enhances transparency for parents.
