Overview

The Auto Create Late Payment Invoice optional solution in the Meshed Platform creates auto miscellaneous invoices as Late Payment if the Tuition Fee invoices are overdue by defined number of days.

Functionality

This feature auto creates miscellaneous invoices as Late Payment. It includes the following functionality:

• If student(s) Tuition Fee invoice is overdue by more by than defined number of days, the system auto creates Miscellaneous Invoice(s). The invoice details will be as below.
  • Transaction Type: Miscellaneous
  • Payment Type: Late Payment Fee
  • Course Info: Same as the course of the associated Tuition Fee
  • Due Date: Current date/ Date of creating this miscellaneous invoice.
  • Total Amount: As defined by the college.
  • Invoice No: System auto generate with next available number in the database.
  • GST Included: No