Product/Finance & Payments
1 Module · 7 Capabilities

Finance & Payments

Billing, accounting, and payments, all connected.

Fee Config
Invoice Generation
Payment Collection
Voucher Entry
Reports & Reconciliation
MODULE 1

Fee Collection

Collect in cash, POS, or fintech. Track every payment down to the last taka.

Student Search & Payment

Look up any student, see outstanding dues and advance balance, then process the payment in seconds.

Group Invoice Generation

Bulk invoices by class or section with configurable fee structures per campus, class, and session.

Payment Cycles & Fines

Monthly, quarterly, or custom schedules. Late and absence fines, plus re-admission fees, all auto-calculated.

Invoice Print Settings

Templates with institutional branding. Per-student payment history and remaining balance always visible.

Advance & Adjustment Tracking

Carry advances forward, log adjustments, and reconcile across sessions with a full audit trail.

Today's Collection16 Apr · Live
৳85,400across 47 transactions
bKash
৳32,400
Cash
৳22,000
Visa
৳18,000
POS
৳9,000
Bank
৳4,000
5 active methodsSettles by EOD
98%On-time payment
৳12.5LCollected this month
4Payment methods
One lifecycle, one ledger

Configure fees, generate invoices, collect, and reconcile. Every transaction lands in the Chart of Accounts.

MODULE 2

Online Payments

Connect bKash, Rocket, Visa, and Mastercard through the Moneybag gateway.

Payment Successful

16 Apr 2026 · 10:42 AM

Settled
Amount Paid৳ 12,500Tuition · Class 8 · April invoice
MethodbKash · 01712-345678
Receipt#FEM-4823
Gateway Fee৳125 (1.0%)
Net to School৳12,375
Linked Transactions
Receipt sent via SMS10:43 AM
Mapped to Tuition GL10:42 AM
Parent app notified10:42 AM
Moneybag secured
Download PDF
Payment Providers
  • Register Mobile Banking and Online Payment providers with API credentials
  • bKash, Rocket, Visa, and Mastercard ready out of the box
Campus-Level Configuration
  • Merchant settlement accounts linked to your bank, per branch
  • Multi-institution deployments with isolated configurations
Public Payment Page
  • Parents pay with just a Student ID, no login required
  • reCAPTCHA v3 protection and rate limiting for security
Security & Audit
  • Full transaction history with settlement reports
  • Failed payment retry, refund workflows, and reconciliation
Fee Management

Concessions & Waivers

Handle scholarship discounts, sibling concessions, and special fee adjustments — with full approval workflows.

Concession Requests

Create per-student requests. Filter by type, campus, class, and amount.

Approval Workflow

Approve, Decline, or Revise with full tracked revision history.

Student Profile Linking

Links to finance records, real visibility into concession impact on balances.

Concession RequestPending

Fatima Rahman — Class 8A

TypeSibling Discount
AmountBDT 3,000 / month
CampusMain Campus

Ahmed Khan — Class G8

Scholarship — BDT 5,000 / month · Approved

Payroll Finance

Salary Disbursement

Process employee salary payments through the same accounting system — no separate payroll software needed. Manage salary payments filtered by session, month, campus, and department. Track disbursements linked to Chart of Accounts. Integrates with HR module for payroll processing.

Double-Entry Accounting

Vouchers

Debit, credit, and journal vouchers — proper double-entry bookkeeping for every transaction.

Debit Vouchers

Record all expense transactions. Every voucher linked to Chart of Accounts for GL tracking.

Credit Vouchers

Record all revenue transactions. Auto-generated entries from fee collection and salary disbursements.

Journal Vouchers

Inter-account transfers and adjustments. All vouchers linked to Chart of Accounts for complete GL tracing.

Configuration

Chart of Accounts

Hierarchical account structure that powers every financial transaction in FEMS.

Chart of Accounts+ Ledger
Assets
Current Assets
Petty Cash — Main Campus
Daily Cash — A/C 2029
Accounts Receivable
Income
Tuition Fees
Admission Fees
Liability & Equity
Expense

COA Config & Mapping

Fixed accounts, default mappings, fee-to-GL linking.

Fee Configuration

Structure by campus, class, session. Cycles & priorities.

Advance & VAT

Override rules, VAT rates, and exemptions.

SMS & Invoice Templates

Auto-notifications, branded invoice printing.

Franchise Revenue

Revenue sharing percentages per campus.

Reports

11 Financial Reports

From daily collection to annual revenue — every report your finance team needs.

01

Group Invoice

Bulk invoices by class/section

02

Paid Report

All paid invoices with date range filtering

03

Due Report

Outstanding fees and defaulter tracking

04

Student Ledger

Detailed transaction history per student

05

Student Payment Report

Payment transaction history

06

Head Wise Ledger

Transactions grouped by GL account

07

Head Wise Summary

Account totals and balances

08

Admission Report

Admission fee collection statistics

09

Enrollment Report

Enrolment vs payment analytics

10

Franchise Revenue Report

Revenue sharing calculations

11

Moneybag Report

Cash collection and flow analysis

Integration

Finance Touches Everything

Every financial event in FEMS flows through the same accounting core.

Admission

Form fees & enrollment fees flow into accounting

Fees
Finance
Payroll

HR & Payroll

Salary & advances run through the same Chart of Accounts

Invoices & Receipts

FEMS Mobile App

Parents view invoices, pay fees & receive payment receipts

WANT A CLOSER LOOK?

See Finance & Payments Live

See how FEMS handles fees, invoices, and reports.