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Summary

It is possible to make a payment and view a student's account summary from the Finance > Transactions menu

Where can I enter a payment and view the account summary?

Transaction Summary

The Transaction Summary page shows all transactions on the selected student's account for the current year, using the filter for Current Students or Leavers. Previous years' transactions can be viewed by selecting the required year from the year selector.

Key features for this page include:

  1. Summary balances:
    • Unpaid items

    • Unallocated credit

    • (Overall account) balance

  2. All the transactions that have occurred against the student's account for the year selected display, can be printed clicking the "Print" button. 
  3. You can Reverse a billable item and/or just the payment for that item, by selecting 'X' next to the billable item.

  4. Where a payment has been made, the reversal will add the amount to the student's Unallocated credit. The money can be refunded by selecting the 'Refund Credit' button. Video links below detail reversing an Unpaid item, and reversing a Paid item.

  5. For reversing an NZQA financial assistance payment, see reverse assistance payment on the Billing article.

  6. A copy receipt can be printed by selecting the appropriate 'Receipt Number' (Rcpt#) link.

Payments Received

The Payments Received page enables you to enter details of payments received for an individual student, and either allocate the money to a billable item(s); or add the money to the student’s Unallocated Credit balance.

Key features of this screen include:

  1. Summary balances:

    • Unpaid items

    • Unallocated credit

    • (Overall account) balance

  2. On the Make a Payment’ tab, you can enter details of the payment received and use it to either pay in full, or partially pay, a billable item(s).

  3. Once paid, the item is removed and can be viewed on the Transaction Summary page.

  4. Where a payment is not used to pay an item, on selecting ‘Save’, the amount entered will be added to the student’s Unallocated Credit Balance. Select the ‘Allocate Credit’ tab to allocate this money to a billable item(s).

  5. Electronic receipting will be available where your school has selected this option in Finance > Configuration > Finance Settings.  This allows you to print a receipt. The receipt number is displayed against the payment on the student’s Transaction Summary. A copy receipt can be printed by selecting the appropriate ‘Receipt Number’ (Rcpt #) link from the Transaction Summary.

  6. If your school is not using electronic receipting, manual entry of the receipt number is allowed, however a receipt cannot be generated or printed. The number is displayed for reference on the Transaction Summary.

  7. Where a 'Discount' or 'Journal' entry is made, a reason must be recorded.

Reversing an Unpaid item (part 1) video:

Reversing a Paid item (part 2), in this case where a refund is paid out:

Note that you can now add items and pay them at the same time on this screen. To do this you will need to click on the Add Item button.

Add Item

 

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