Step 3: Manage your Fees (Tuition)
Welcome to Step 3 of your Kangarootime onboarding journey! In this step, you'll learn how to set up and manage your fee structure, including tuition, early drop-off / late pick-up fees, and billing cycle set-up.
📋 Prerequisites
Before starting this step, make sure you have completed:
🎯 What You'll Accomplish
By the end of this step, you'll have:
- ✅ Created a comprehensive fee structure
- ✅ Set up tuition rates for different programs
- ✅ Configured payment schedules and billing cycles
- ✅ Set up late fees and payment policies
📚 Fee Management Overview
Managing fees in KangarooTime involves setting up a flexible pricing structure that can accommodate various programs offered by your business.
Key Concepts:
- Tuition: Regular recurring payments for ongoing programs
- Payment Schedules: How often parents pay (quarterly, monthly, bi-weekly, or weekly)
- Discounts: Family discounts, sibling discounts, early payment discounts
- Late Payment Fees: Penalties for overdue payments
- Early Drop-off /Late Pick-up Fees: What parents are charged (per child) when they drop off early or pick up late
🚀 Getting Started
1. Navigate to Fee Management
- From your dashboard, click on the Billing tab located in the main navigation
- Select Fees
2. Create or Manage Existing Fees
Establish your core tuition rates:
- Creating a New Fee
- Click the + Add Fee button
- Name the Fee (Infant, Toddler, Before School)
- Assign a Center Level tag(s) to the fee (choose all of the tags that you have assigned to your school profiles that this tuition should be involved in)
- Select the Fee Type and Structure
- Session Fee - The tuition is calculated as a daily charge rate. Flat Rate Fee - The tuition is calculated for a particular time period based on your billing cycle, i.e. Weekly, Bi-Weekly, Monthly, and Quarterly. Per Week - The tuition is calculated on a weekly service period (Sunday to Saturday). Per Month - The tuition is calculated on a monthly service period (August 1st - 31st).
- Single Session Fee Structure - This fee will charge per individual session.
Session - Number of Days Fee Structure - This fee applies with a sliding scale based on the amount of scheduled sessions.
Single Flat Rate Fee Structure - This fee will charge this amount no matter how many days a child is scheduled.
Flat Rate Number of Days - This fee applies on a sliding scale based on the amount of scheduled days.
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- Set the Start and End times for the tuition fee
- Please Note: These are the times your Early Drop-off and Late Pick-up fees will respect
- Set the Cost
- (Optional) Set the Early Drop-off or Late Pick up Fees
- Set the Max Amount for the Early Drop-off fee, and/or the Late Pick-Up fee.
- Add rules to either section by clicking the +Add Rule link.*
- Set the timeframe you would like to begin charging based on the fee start and end times.**
- Once rules are set for Early Drop-off fees, Late Pick-up fees, or both - click the Save button.
- Set the Start and End times for the tuition fee
*Multiple rules may be added to each fee type, but their set timeframe must not overlap.
For example, I can set a late pick-up fee that will charge a child a maximum of $75.00 - which means that the child will not be charged no more than $75.00 no matter how late they are picked-up. If no maximum price is set, then the system will respect the rules and charge down to the minute. Then, I can set my grace period to allow families not to be charged right after my fee end time - meaning that if my fee ends at 5:00 PM, and my grace period is set to 5 minutes, then charges will not begin until 5:06 PM. Then, I can set the rules to respect a $1.00 charge per minute for the first thirty minutes and then increase the rate to a $2.00 charge per minute for the following thirty minutes. Those set rules will charge a $20.00 total when a child is picked up at 5:25 PM (factor in the 5-minute grace period) and will charge a $55.00 total when a child is picked up at 5:45 PM (5-minute grace period + $1.00 per minute up until 5:30 (($25.00)) and then $2.00 per minute charge up until 6:00 PM (($30.00)).
- Click the Save button
Manage an Existing Fee
- Click on the Default Per Week Fee option
- Select the Plus button located in the Schedule column
- Select the date you would like to have these new changes take place
- Enter in changes
- Click the Save button
3. Configure Billing Cycles
(Need Definition....)
- Navigate to the Billing Cycles configuration page:
- While under the Billing tab > Click into the Settings sub-tab
- Click the Cycles Tab
- Create a Billing Cycle(s)
- Complete the billing cycle prompt by selecting the following
- Families will be billed (in advance, arrears, or current)
- Payments are due (Weekly, Bi-weekly, Monthly, Quarterly) + day of the week
- A bill will be sent out (1-6 Days, Weeks, Months) before the payment due date
- If a bill is unpaid (enter days amount) after the due date, a late fee will be charged (enter cost).
- Click the Save button
- Name the Billing cycle
- Save the Billing cycle to the entire business or to specific school locations
- Click the Save button
- Complete the billing cycle prompt by selecting the following
- Manage Existing Billing Cycles
- Locate the Billing cycle you wish to manage
- Click the three-dot action button
- Select View Info to view the details
- Select Edit to make changes
- Select Delete to remove it
- Assign a Billing Cycle to your Enrollment Process
- Click into the Configuration tab located on the navigation menu
- Click Center Profiles
- Select the School you wish to manage
- Select the Billing tab
- Set the Billing cycle(s) for the enrollment form
- Set a Default Billing cycle for the school
- Click the Save button
🎥 Video Tutorial
🆘 Need Help?
If you encounter any issues while setting up your fees:
- Check the Documentation: Review our detailed guides in the help section
- How to Create and Manage Fees – Kangarootime (K2)
- How to Set Up a Billing Cycle – Kangarootime (K2)
- Schedule a Call: Book a one-on-one session with our experts
✅ Verification Checklist
Before moving to the next step, verify you have:
- Created base tuition rates for all programs
- Configured payment schedules and due dates
- Configured late fee policies
🎉 Great Job!
You've successfully set up your fee management system! This foundation will ensure smooth billing operations and clear expectations for families.
What's Next?
- Step 4: Create a Class → - Learn how to create classes within your School(s)