The meaning of credit in the Payments module

Credit in the Payments module

represents the difference between the payments received and the assigned fees in payment plans. Initial credit is included in the payments calculations.

credit should always be considered in relation to the selected payment plans and their maturity dates. The time period 'from - to' should be selected accordingly in 'Users´payments overview'.

the credit is calculated as:
the Sum of the payments made for the selected payment plans with receipt date before the end of the selected period
- (minus)
the Sum of fees from the selected payment plans with a maturity date before the end of the selected period

Different credit in the payment module and in the school canteen module

The credit in the 'payments' module and the 'school canteen' module to a specific date can often vary.

This happens because:
- the credit in payments made to date includes the received payments and the predefined fees (the payment plan contains fees per whole month)
-whereas the credit in the canteen to the same date reflects the received payments and the 'days with issued meals', which usually do not include the complete payment plan for the month.

Credit in payments is therefore higher (lower) than the credit in the canteen, if the date of maturity of the payment plan for the canteen for a given month is later (earlier) than the date on which the credit is displayed.

In our example the credit is displayed to the 26th March 2025. In payments module the due date for the payment plan canteen is right on the 26th March so the credit includes also this monthly payment fee. In School canteen module is credit higher because there is only few 'days with issued meals' (the credit will be decreased each day as the boarder has a meal).

Find more in the instructions: The meaning of credit in the School canteen module

Please see also - List of all helps for payment module