Late Fee Structure
Late Fee Structure
This is master for late fee structure it starts from your last date submission of fee according to fee receipt plan.
- Flat rate – if you tick late fee at flat rate then days doesn't display, just enter late fee amount it calculate per day 5+5+5+5 so on from last date
- Slab rate- if you don't tick above option mean you selected slab rate now you have to enter slabs e.g. Upper figure first 1 day 5 Rs. Next 2 day 10 Rs.
- If you tick “use accumulative calculation method” then it will be calculate 1st day 5 Rs. Second day 10 Rs. And onwards 10+10+10….. Rs. Per day or according to entered slab rate.
- If you tick “Use Lump Sum Fine in Slab” then calculation will be only 10 Rs. For all next day form 1st slab E.g. 1st day Rs. 5 and all coming days only Rs. 10.
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