Fee Collection

A school receipt is a legal document given to a parent or guardian of a specific student as proof or evidence that the school fee has been paid. Any organization provides a receipt to establish a tangible link between the organization and its client. To establish that money was involved in business relationship and transferring ownership of a good or service from the organization to the client. Even if the invoice amount still needs to be fully paid, a receipt indicates a balance the client must pay. 

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What is Included in a School Fee Receipt?

Student administration identity

One thing that should always include in the receipt is the student's identification, like the student's name, roll number, grade, and other information specific to the student.

Other charges

This section depends on different learning institutions. It might include the cost of transport, meals, tuition, exceptional facilities, penalties, and any additional fees unique to the school and the student.

Paid amount and balance

You must also include the amount paid. If any balance still needs to be paid, ensure that you have it.

Date

Also, include the time of payment, the mode of payment used, and the due date for the balance.

You can download some sample fee receipts format here.

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