Schools can easily charge late fees for overdue payments using MyKidReports. This feature allows schools to automatically apply a late fee to a parent’s account when a payment is not made on time, helping to ensure timely payments and manage school finances effectively.
Benefits of the Late Fee Feature:
Encourages Timely Payments: Automatically applying late fees incentivizes parents to pay their dues on time.
Automated Process: Once configured, the system handles late fees automatically without requiring manual intervention.
Flexibility: Schools can customize the fee amount and grace period based on their policies, ensuring flexibility in financial management.
Clear Communication: Parents will be informed about late fees, providing transparency and avoiding misunderstandings.
Create Late Fee Payment on the Web
Step 1: Log in to your account.
Step 2: Go to the 'Billing' tab and click on the 'Setting'.
Step 3: Go to the 'Late Fee Payment' tile, and click on the 'Edit'.
Step 4: Then you can apply the 'Late Fee Amount' and enter Late payment fees apply after days late and then click on the 'Save' button.
Create Late Fee Payment on the App
Step 1: Log in to your account.
Step 2: Click on the
 | Step 3: Go to the 'Billing' tab and click on the 'Setting'.
 |
icon.Step 4: Go to the 'Late Fee Payment' tile, and click on the 'Edit'.
 | Step 5: Then you can apply the 'Late Fee Amount' and enter Late payment fees apply after days late and then click on the 'Save' button.
 |