The School Statistics page can provide you with a quick snapshot of your studio's performance with items such as the income and receivables summary, Account, Students, & Class summaries, and finally a projection of your expected tuition income. To view the school statistics page select admin from the main menu and then select school statistics.
Income and Receivables Summary:
Using the Income Dates you can get an idea of the amount of income* your studio brought in for different types of charges over any given period of time.
Receivables are the amount of money that is outstanding at the current time. For this reason, changing the dates does not affect the receivables column.
*Payments do not actually become income until they are applied to a charge. If you have unapplied payments in your database it will affect your income levels. If you feel that your income is lower than it should be you may want to check the Open Payments and Credits Report found on the Payment Reports screen.
Accounts, Students, & Classes Summary:
This tool gives you the ability to see how your school may be growing by session. Here you can see the number of accounts and students, the number of classes students are taking, and what types of classes they may be taking. You can switch between sessions using the drop-down menu.
Projected Tuition Summary:
The projected tuition summary will give you an idea of how much income you can generally expect from each of your payment plans when they are billed. It takes the billing frequency's base tuition amount and then multiplies it by the number of months in that frequency minus any discounts to give you the extended amount.
Example: Let's say you have 10 accounts on a Trimester plan that gets paid every 4 months. If their base tuition is $100 per month each then that would be 10 x $100 x 4 equals $4000 each time you bill that payment plan. This number would appear in the extended column.
