You can create and define Fine of the Fees. Click on Master >> Fine Master >> Edit Mode >> Add New
and Add Fine Master.
Fine Name: Select the name of the Fine that has been created in the Create Ledger/ Alter Master.
Fine Description: Enter the Fine of the Ledger.
Fine Type : Select Percentage if Fine to be entered in Percent & Amount if concession to be entered in Rupees.
Fine: Enter Fine Percent /Amount.
Fine Repetition: Select if the fine should be repeated and how many times.
Under Group: Select the Group of the Ledger.