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Home Solutions Pre-Accounting and Payment

Pre-Accounting and Payment

Alongside online course tracking modules, the learning management system also includes payment and pre-accounting modules.

Learning Management Software (LMS) Education Modules and Features Pre-Accounting and Payment Reporting

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Pre-Accounting and Payment

Alongside online course tracking modules, the learning management system also includes payment and pre-accounting modules. Online payment collection and membership fee payments can be handled directly through the system. You can perform and track pre-accounting operations such as opening account records, collecting payments, entering outstanding balances, and issuing invoices, all from within the system.

Opening an Account Record; A record card containing personal details is opened for each student. This card is used to track the registration date, outstanding balance, and fees already paid.

Online Payment Collection; Offering a payment option to people applying for courses is a major advantage for training institutions. Participants can be encouraged, and payment tracking made easier, by offering options such as bank transfer, in-person payment with receipt upload, or online credit card payment. This feature, which also speeds up the participant's registration process, is actively used and widely preferred.

Tracking Membership Fee Payments; Beyond one-off courses, this is another highly useful module for training delivered in ongoing terms. For education systems with annual registration and regular, periodic payments, it's a system that makes payment tracking easier and generates reports on it. It's a feature that gives you visibility into late payments, partial payments, and participants who have paid the full fee in advance.

This module, which simplifies operations and speeds up tracking for many educational institutions such as private schools, annually enrolled courses, and daycare centers, is also included within the learning management software.

Issuing Invoices; An invoice can easily be issued and recorded in the system, using a predefined template, for any account record whose payment has been completed.

Entering Outstanding Balances; Paid and unpaid fee information is recorded against each account record and can be reported on.

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