School Fee Book Format for Excel

In many schools, a school fee book is used. It is a kind of booklet in which the record of the student’s fee is kept. The booklet is a single entity that records the fee paid by a student during his single grade. The school fee booklet is different from the fee receipt, as the receipt records only the recent fee, while the booklet records all the previous fees paid by a student.

The entire academic year of the school is divided into several semesters or terms. This division makes it easy for students and teachers to cover their courses and participate in assessments effectively. The book that keeps the fee record usually records the fee paid every semester or term throughout the academic year.

This helps the school’s management know which students have been paying the fee regularly and which have not paid the total fee. The finance department usually uses this fee handout when submitting the payment.

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Benefits of the school fee handout.

• It is best for recordkeeping:

Generally, a receipt is used to record the paid fee. However, the receipt is not so helpful, especially when you want to see the record for the entire academic year. The fee brochure keeps a record of the fee paid each month. This way, no one forgets the fee details.

• They are helpful while applying for the scholarship:

When a student applies for a scholarship, he is asked to show the school fee brochure. This brochure tells how much the employee has already paid and how much is yet to be paid. This enables the scholarship governing authorities to determine the value required to be allocated to that student so that he can continue his education without any financial obstacles.

• They are helpful for school authorities:

An educational institute has to keep track of its finances just like any other institute. This book lets it do it better. The finance department of the school gets information from the book about how much money has been received as a fee and how much is yet to be received. Even if a school has to issue a fee waiver to the student, it first consults the book to see what effect the waiver will have on the school’s finances.

• They help parents manage their finances:

It is important to note that the fee booklet is not just for school. Parents of the students can also use it for their personal use to take note of the money they spend on their child’s education. Furthermore, parents with multiple children find it even more challenging to deal with the hiccups in their finances. They keep everything into consideration by using the free book.

What is the format of the fee handbill?

If you think using the handbill for the fee is feasible, you should know the format to create your own booklet. Below is a brief description of the format:

1. The top of the book contains the name of the school and its logo
2. After that, the student’s name, grade, section, and name of the academic year are mentioned.
3. The rest of the booklet is divided into sections to keep records of each month or semester separately. Each section is further divided into subsections to note the fee paid each month.
4. Some schools also like to mention the penalties or fines in this book, as many schools add the fine to the fee and receive the total fee with the inclusion of a fine.
5. Each page in the book has a unique record of the fee. At the end of the academic year, the fee for all the semesters or months is added to see the total amount paid.

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