Fees & accounts
Fee structures, invoices, discounts, payments, income and expenses — reported clearly as funds, collections and outstanding balances.
Many Islamic institutions are non-profit organizations funded by tuition, sponsors and donations. Masira reports finances in terms that fit this model: funds received, amounts collected and amounts outstanding, rather than commercial profit. Every amount is shown in your institution's currency.
How it works
- 1
Define fee structures with amount, billing cycle and due day.
- 2
Issue invoices per student with any discount, and record payments as they arrive.
- 3
Apply sibling discounts automatically from your family rules.
- 4
Review collected, outstanding and overdue totals on the finance dashboard and export to CSV.
Fee structures
- Define monthly, termly or annual fees per class.
- Set due days and descriptive fee names.
- Class monthly fees can be used as defaults on invoices.
Invoices and payments
- Issue invoices to individual students or families.
- Record full or partial payments and their dates.
- Family statements show every invoice and payment across siblings.
Discounts and sponsorships
- Sibling discount rules applied consistently.
- Sponsored families and sponsor links for zakat- or donor-funded students.
- Custom discounts with notes for transparency.
Income and expenses
- Record income and expenses by category in the accounts ledger.
- Dashboards show income against expenses over time.
- All figures are calculated server-side for accuracy.
Financial reports
- Collected, outstanding and overdue totals at a glance.
- Export to CSV for your accountant or board.
- Exports are protected against spreadsheet formula injection.
Questions
Can parents pay online?
Online fee payment for parents is planned. Today, payments are recorded by your office.
Which currencies are supported?
Each institution chooses its own currency for display and reports.
Can we track zakat-funded students separately?
Yes, sponsor links on the family record flag sponsored students for reporting.