The queue at the fee counter, gone
Paid from the phone at night, posted before the office opens.
Posted to the ledger
- Instalments, sibling concessions and transport by route applied before the amount is shown
- Receipt the second the gateway confirms; reminders stop
- Each payment posts to the ledger and matches the settlement overnight
What the accounts office asks first
The bank, the bill, and the balances you hold.
Does our bank or accounting software have to change?
No. Money settles into your accounts as it does today. iVake records each transaction against the student, reconciles the settlement file against the fee ledger daily, and exports the day book to Tally or Zoho Books.
Which students count towards the bill?
Students on roll at the start of the contract year. Applicants and enquiries do not count, so a busy admission season never increases your bill. Onboarding is ₹10,000 once, and GST applies at 18% in India.
What happens to the balances we already hold?
Fee structures come across with balances paid and outstanding, alongside students, staff and results. A trial import runs into a test copy, and you sign off the reconciliation before go-live.
See iVake running on your own data
Share your fee structure and programmes before the call, or sample data with student names removed. We set them up, so you see your own institution on screen rather than a demo account.
- 45 minutes, your data. Not a generic tour of features.
- Migration mapped on the call. We show exactly where your current records land.
- A written rollout plan within two working days, with phases, owners and dates.
- No pressure to switch everything at once. Most schools and colleges start with one department or one intake.