A slight miss can disturb cash-flow and lead to severe disruption in many ways. Usually, an administrator is always on toes when it comes to fee collection. ![]() Thus, smartly maintaining records helps timely collection and helps the school to timely pay the above-mentioned expenses. teacher’s and staff salary, electricity bills, maintenance expenses, smart-board renewals, library expenditures, upgrading computer labs, and maintenance, etc. Purpose of Maintaining Student Fee Collection RecordĪll school/institution require cash to pay its expenditures viz. ![]() This ensures timely collection of dues from the students and eventually helps smooth functioning of school administration.
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