Student Billing State-of-Mind: What's a Bill Code?

If you've recently started using SB 7, you may be asking yourself, "Self, should I use bill codes?"  Well the answer depends on how you bill students. 

Let's start with what a bill code is and how it's used. Bill codes allow you to only add the bill code to student records instead of multiple individual billing items.  When transactions are automatically generated, the system matches the bill code on the billing item to the student record to determine the appropriate fee schedule to add. 

If your students receive different fees based on grade for example, bill codes would be a good option.  Using bill codes allows you to only add the bill code to student records instead of each individual billing item.  

If all students receive the same billing items, you do not need to use bill codes. Generating transactions automatically provides the option to generate fee schedules for all records at the same time; no need to manually add the billing item or bill code to the student record.   

Talk to you soon!