Overview

Many elements of the Billing Process can be handled between the student contact record and the parent/guardian contact records. Financial responsibility and splits can be managed in the student record, whereas charge history, adding fees, and credits are handled in the parent record.

Click here to return to the Contact Record Overview.


How-To: Use the Billing Tab on the Student Record

When you are viewing a specific student's contact record within SchoolAdmin, you can access their Billing tab by clicking on it from the list of tabs at the top of the page.

(Please note: Your available tabs may differ from what is displayed above, based on the modules you are using).


Within the Billing tab in the student record, you will see a list of financially responsible parents/guardians and their percentage splits. You can click on any of the parent/guardian names to quickly jump to the Billing tab in their contact record.


How-To: Use the Billing Tab on the Parent/Guardian Record

Once you click on a parent/guardian name or go to their contact record directly, you can click on the 'Billing' tab which is comprised of four sub-tabs (Overview, Ledger, Balances, and Audits), explained in more detail below.

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Overview Tab

Within the Overview tab, you have access to the following:

  • Current Balance: View the current dollar amount balance for the parent you're currently viewing.

  • Autopay: Turn autopay on or off for the parent. You can also use the 'View Changes' button to see an audit history of autopay being enabled or disabled for them.

  • Billing Day: View the current billing day for the parent and optionally change it using the drop-down menu.

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Ledger 

Within the Ledger tab, you can see a record of each financial transaction and any upcoming amounts that will be due.

The columns in this tab are as follows:

  • Date: The date that a charge, credit, or payment is due or was added.

  • Description: A brief description of the charge/credit/payment.

  • Type/Category: The billing category of the charge/credit/payment.

  • Amount: The amount of the charge/credit/payment.

  • Current Balance: Current remaining balance for the parent.

On the Ledger, there will be a dotted line, as shown below (between August and September), that will move up on the billing day to divide past amounts and current amounts due.

Adjusting contract ledger items

For ledger items created from the contract, to avoid under charging or overcharging, they can only be moved to different dates. To differentiate between any incidentals, these items don't have a delete button, compared to any manually added transactions.

Within the Ledger tab, you also have access to several Billing Action Buttons. You can add a charge such as a book fee, add a credit, add a payment, and view or send the billing statement. If you add a charge for a future date, it won’t show up on the current statement until that date is relevant.  

Note about Late Fees: We cannot auto-set late fees at this time. Late fees are also assessed on the parent records, not on the students. You can set it to the primary payer or through a split. Schools will need to filter out for kids for any late fees and add the charge in bulk.

To add a charge, credit, or payment, you'll be asked for the date, a description, the billing category, the student you want to apply to, and the amount as shown below. You can also choose the posting option, which specifies whether you want to post the charge/credit/payment at once or evenly across multiple months - see the section below for more information on spreading transactions.

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Spread Transactions

You also have the ability to evenly spread charges, credits, or payments across multiple months. If you choose this option, you need to select a start year, start month, and the number of months that you need the transaction to spread across.

Note: These transactions will post according to the accounts billing date.

You will then be able to preview how your transaction will be divided across the months you have selected, just to confirm that you are posting the correct amount.

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View & Send Statement

Clicking the 'View Statement' button will allow you to view a PDF of the existing billing statement, which can also be downloaded. The 'Send Statement' button can be used to send an updated statement directly to the parent/guardian via email. You will be asked to confirm this action after clicking the button.

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Balances Tab

The Balances tab will show you all of the billing categories, the student that has these categories applied, and the remaining balance.

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Audits Tab

The Audits tab shows a collection of all pre-posted (future payments) AND current charges, credits, and changes that are recorded on the Ledger. This includes both automated and manual charges/payments/adjustments.

Within this tab, you can see the following columns:

  • Date: The date that the charge/credit/adjustment was made.

  • Description: The description of the financial line item.

  • Type/Category: The Billing Type/Category of the financial line item.

  • Amount: The dollar amount of the charge/credit/adjustment.

  • Created On: The date a charge/credit/adjustment was created.

  • Created By: For all pre-posted amounts, this column will display the email address of the parent/guardian that submits the contract. Manual payments will display the email address of the payer. For any changes made to the account, this column will display the email address of the Admin that made those changes internally. A payment made via autopay will have no email address displayed.

  • Deleted On: The date a financial line item was deleted in the Ledger. IMPORTANT: If you delete a financial line item in the 'Ledger' tab, the old line item will be removed from the ledger, but it will show up as a deleted item in the 'Audits' tab. If you modify a financial line item, the old item will be deleted from the Ledger and be recorded as deleted in the 'Audits' tab, and the modified financial line item will display in the 'Audits' tab and in the ledger.

  • Deleted By: The name of the user that deleted the financial line item.


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