Automated Bank Reconciliation
for Modern Schools

Manual Reconciliation Nightmare

• ❌ Parents pay via random UPI QR codes or NEFT.
• ❌ Money arrives in the bank with vague descriptions (e.g., "UPI/1234/Rahul").
• ❌ Accountants download bank statements at the end of the day.
• ❌ They spend hours searching for which student paid which amount.
• ❌ Human errors lead to parents getting "Fee Pending" messages even after paying.

100% Automated Auto-Reco

• ✅ FastFee sends a unique, student-specific PhonePe payment link via WhatsApp.
• ✅ Parent pays securely through the link.
• ✅ The PhonePe API instantly pings FastFee's server with the exact transaction details.
• ✅ FastFee updates the specific student's ledger to "Paid" in real-time.
• ✅ A digital receipt is auto-generated and sent to the parent instantly. Zero manual work.

Virtual Accounts for NEFT

Assign unique virtual account numbers to every student. Any NEFT/RTGS transfer is automatically identified and reconciled.

PhonePe Integration

Leverage India's leading payment app for seamless checkout, higher success rates, and instant API-driven reconciliation.

Tally Compatible Export

Export all reconciled transaction data in formats ready to be imported directly into Tally ERP 9 or Tally Prime.

Partial Payment Handling

Automatically map partial payments to the correct fee heads (e.g., Tuition first, Transport second) based on your institute rules.

Zero Transaction Fees

Accept massive fee volumes via UPI with absolute zero transaction charges. Keep 100% of your revenue.

Daily Settlement Reports

Receive automated end-of-day settlement reports matching your bank account credits down to the last rupee.