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ProductFinance & Payments
1 Module · 7 Capabilities

Finance & Payments

Billing, accounting, and payments, all connected.

01
Fee Config
02
Invoice Generation
03
Payment Collection
04
Voucher Entry
05
Reports & Reconciliation
Fee Config
Invoice Generation
Payment Collection
Voucher Entry
Reports & Reconciliation
MODULE 1

Fee Collection

Collect by cash, POS, or fintech, and track every taka.

Student Search & Payment

Look up a student, review dues and advance balance, then process payment from one screen.

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 support reconciliation across sessions with transaction history.

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
Processed through Moneybag
Download PDF
Payment Providers
  • Register Mobile Banking and Online Payment providers with API credentials
  • Configure supported payment providers such as bKash, Rocket, Visa, and Mastercard where enabled for the institution.
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
  • Supports reCAPTCHA v3 and rate-limiting controls where configured.
Security & Audit
  • Transaction history with settlement reporting views.
  • Failed payment retry, refund workflows, and reconciliation
Fee Management

Concessions & Waivers

Scholarships, sibling concessions, and waivers, with proper approval workflows.

Fee CalculationAisha Rahman · Class 8A · April invoice
Original৳8,500monthly tuition
−
Concession৳3,000Sibling Discount
=
Payable৳5,50035% reduction
Approved by Principal · 12 Mar · ref FEM-CON-4823
Finance Ledger
Student Profile
Invoice

Flexible concession types

Configure fixed amounts or percentages for any scenario.

4 of 8 active types

Sibling Discount

Auto-applied when 2+ siblings enrolled across campuses.

ExampleAisha & Imran Rahman
৳3,000/ month

Merit Scholarship

GPA-based waivers reviewed each term by academic panel.

ExampleKarim Uddin · GPA 5.00
50%of tuition

Need-based Aid

Income-verified support with annual eligibility renewal.

ExampleFatema Begum
৳2,500/ month

Staff Child

Automatic concession for children of employed staff.

ExampleNusrat Jahan · Class 7A
40%of fees

127

Active concessions

৳1.4L

Waived this term

22%

Avg. fee reduction

100%

Tracked & auditable

Double-Entry Accounting

Vouchers

Debit, credit, and journal vouchers for clean double-entry bookkeeping.

Journal Voucher #JV-4823Salary disbursement · April 2026
Approved by Tanvir Hossain · 14 Mar
Total Debit৳ 12,40,0005001 Salaries & Wages
Balanced
Total Credit৳ 12,40,0001002 Bank Account
Last updated · 14 Mar, 10:42 AM · by Finance Officer (Rahim Khan)
7 audit events · view history

Debit Vouchers

Record expense transactions. Linked to Chart of Accounts for GL tracking.

Credit Vouchers

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

Journal Vouchers

Inter-account transfers and adjustments with complete GL tracing.

Configuration

Chart of Accounts

The account structure behind every financial transaction in FEMS.

Chart of AccountsFY 2025-26
General Ledger+ Ledger
Assets
৳ 4,82,50,000
1001Petty Cash
৳ 50,000
1002Bank Account
৳ 5,00,000
1003Card Account
৳ 1,20,000
1100Accounts Receivable
৳ 3,41,60,000
1200Daily Cash · A/C 2029
৳ 18,40,000
+ 2 more ledgers+ 4 more
Income
৳ 6,15,80,000
4001Tuition Fees
৳ 5,42,30,000
4002Admission Fees
৳ 73,50,000
4003Exam Fees
৳ 8,40,000
4004Transport Fees
৳ 14,60,000
+ 1 more
Liability & Equity
৳ 1,28,40,000
2001Accounts Payable
৳ 42,10,000
2002Accrued Expenses
৳ 18,90,000
2003Tax Payable
৳ 6,80,000
3001Retained Earnings
৳ 67,40,000
+ 1 more ledger+ 2 more
Expense
৳ 3,94,20,000
5001Salaries & Wages
৳ 2,68,40,000
5002Utilities
৳ 24,80,000
5003Supplies & Materials
৳ 41,60,000
5004VAT Payable
৳ 59,40,000
+ 2 more ledgers+ 3 more
22 ledgers · 4 categories22 ledger accounts · 4 categories · 2-level structureNet Position · ৳ 6,75,70,000

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

Every report your finance team needs, daily to annual.

02Featured

Paid Report

The leadership view of what you collected. Filter by date, campus, class, or payment method to see exactly where revenue landed.

৳12.4LCollected this month
287Invoices paid
96.4%On-time rate
01

Group Invoice

Bulk invoices by class/section

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.

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