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CONCEPTS
Fee structures
How fees, invoicing, and payments work
Overview
Decimal's finance module manages the complete fee lifecycle from structure definition to payment collection and reporting.
Fee lifecycle
Fee Structure → Invoice → Payment → Receipt
│ │ │ │
│ │ │ └── Generated automatically
│ │ └── Recorded by finance officer
│ └── Generated from structure + student
└── Defined by admin
Payment methods
| Method | Description |
|---|---|
| Cash | Physical cash payment recorded manually |
| Bank Transfer | Direct bank deposit with reference number |
| Mobile Money | Mobile money payment with transaction ID |
| Check | Check payment with check number |
Discounts and scholarships
- Percentage discount: Reduce the total by a percentage (e.g., 10% early payment discount)
- Fixed amount: Reduce by a specific amount (e.g., 0 scholarship)
- Full waiver: Waive the entire fee (for sponsored students)
Discounts are reflected on the invoice and receipt, providing a clear audit trail.