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Atlas Academy ERP
Access Console

Smart Payment Gateway & Installment Planner Plugin

The Smart Payment Gateway & Installment Planner connects the ERP Collection Desk directly to online payment gateways (Stripe, Razorpay) and enables parents to settle invoices online. It also features an installment planner for larger tuition fees.

🔗 Dependent Modules

  • Finance Counter (Core): Updates invoice payment statuses and maps receipts.
  • General Ledgers (Core): Automatically generates debit/credit journal vouchers upon payment success or installment schedules.
  • Parent Portal (Plugin): Exposes card checkout controls to parent dashboards.

💡 Why Use This Module?

  • Instant Digital Settlement: Replaces manual cash collections with Stripe/Razorpay checkouts, clearing invoices in real-time.
  • Installment Planner: Prevents fee default spikes by allowing parents with high tuition dues to split invoices into 2, 3, or 4 quarterly payments.
  • Cryptographic Verification: Automatically attaches verifiable verification hashes and SVG QR codes to receipts, enabling anyone to confirm authenticity on a public verification portal.

📅 When to Use This Module?

  • Fee Collection: During term startups, parents log into the portal and pay invoices directly via card checkout.
  • Fee Splitting: Administrative staff convert large tuition invoices into installment series, reversing the original invoice ledger and posting the new split charges.
  • Auditing Receipts: Auditing payment legitimacy by scanning the receipt QR code to access the public verification route.

📖 How to Use

  1. Configure Merchant Credentials: Access Installment Planner, click API Settings, select Stripe or Razorpay, and enter your gateway key and secret.
  2. Splitting an Invoice: On the Installments dashboard, select an eligible unpaid invoice, choose the installment count (e.g. 4 quarterly payments), and click Approve Installment Plan.
  3. Paying Online: Parents navigate to the Parent Portal, locate their child's unpaid invoices, click Pay Online, enter card details, and click Authorize & Pay.
  4. Verifying Receipts: Open the generated receipt, click the Verify Receipt link or scan the QR code to check verification logs.