This fund allows parents to pay into a fund designed for clubs/societies. These funds can be opened to all or limited to certain pupils.
The table below details the information that is required for a new Club/Society fund to be created.
| Field | Description/Notes | Editable later |
|---|---|---|
* Fund Name |
The name of the fund. | Yes |
* Fund Type |
The type of fund. (Club / Society) | No |
* Membership |
‘Open To All’ allows anyone to sign up to the trip whereas ‘Selected Accounts’ will only be available to invited students. | No |
| Fund is Active | Is the fund active or not? | Yes |
* Start Date |
When is the fund available to parents from? | Yes |
| End Date | When is the fund available to parents until? | Yes |
* Cost / Head (£) |
What is the total cost of the club? | Yes |
* VAT Code |
How much VAT is to be calculated on the reports? | Yes |
* Suggested Payment (£) |
This amount will be the default for a parent making a payment. This can be adjusted by the parent before the payment is made. | Yes |
| Private Notes / Description | Enter any notes regarding the fund. These are not visible to parents. | Yes |
| Ledger Code (Fund) | Setting a ledger code allows a specific Ledger Code to be set for this club and will override any Ledger Code set for the client as a whole. | Yes |
| Payment Gateway Fund Code | Used by some payment gateways to help direct monies. | Yes |
* Bank Details |
Select the bank account that the monies will be paid in to. | Yes |
| Send Parental Fund Alert | Determines whether a new alert email will be sent to parents. | Yes |
| Paper Permission Required | Does the parent/guardian need to sign and return a permission slip. | Yes |
| Paper Permission Delivery Method | If a permission slip is required, how will this slip be delivered to the parent? | Yes |
| Associated Teacher | Selecting an associated teacher allows that teacher to manager the fund. | Yes |
Last modified:
15 September 2021
Post your comment on this topic.