How to set up early-payment discount rules in Inkwelly

1. Open Early Payment Discounts under Configuration

Open Inkwelly → Student Fee from the left sidebar, then click Configuration under SETUP. The Fee Configuration page shows four sections — Fee Structure, Discounts, Penalties & Refunds, and Preferences. Inside the Discounts section, click Open on the Early Payment Discounts tile. The subtitle on the tile reads Reward students who pay fees ahead of schedule. This page is the single place where every early-payment rule for the session lives.

2. Click + Add Early-Pay Rule

On the Early Payment Discounts page, click the + Add Early-Pay Rule button on the top right. Inkwelly opens the Add Early-Pay Rule dialog. The header reads Reward families who clear fees before the due date. The dialog has three inputs and one toggle — no extra fields to fill, no calculation type to choose. The form is built for a busy fee counter, so a new rule takes under a minute end to end.

3. Pick how many days before the due date the discount kicks in

The first row in the dialog is a Days before due date chooser with four quick-pick chips — 7d (1 week), 14d (2 weeks), 30d (1 month), and 60d (2 months). Click the chip that matches your policy. If you need a different number, type it into the input below — Inkwelly accepts any whole number between 1 and 365. The most common Indian-school settings are 7 days for monthly installment schools, 14 to 30 days for quarterly schools, and 60 days for annual-upfront schools.

4. Enter the discount percentage

In the Discount percentage field, enter a number between 0 and 100. Two to three percent is the safe everyday rate; five percent is the most common annual-upfront top tier. Going above five percent usually needs school management committee or trust approval — and the same number should appear on the fee circular the office hands parents at the start of the session. Inkwelly applies the percentage to the outstanding amount on the invoice, not to the total annual fee, so a 5 percent rule on a ₹12,500 quarterly installment gives the parent ₹625 off, not ₹2,500.

5. Write a short description for parents

The Description field is optional but worth filling in. Inkwelly shows this line on the fee invoice, the fee receipt, and the parent app so the discount reads as a reward rather than a deduction the parent has to ask about. Keep it short and human — for example 5% off when fees are paid at least 30 days early or Quarterly early-pay reward — pay by the 25th of the previous month and save 3%. Avoid codes or internal abbreviations; this line is for the parent, not the office.

6. Keep Active on and click Create Rule

The Active toggle at the bottom of the dialog controls whether Inkwelly applies the rule to new invoices today. Keep it on for the rule to start working immediately, or toggle it off to save the rule for next session without affecting current invoices. Click Create Rule. Inkwelly saves the rule and shows it in the list with the days chip on the left, the discount percentage in green, the description, and an Active pill. The whole flow from clicking + Add Early-Pay Rule to a saved row takes under a minute.

7. Stack a second tier so each payment window has a reward

Most Indian schools want more than one rule. Click + Add Early-Pay Rule again and add a smaller-discount tier for a shorter window — for example 5 percent at 30 days early, 3 percent at 14 days, 2 percent at 7 days. Inkwelly automatically picks the highest matching rule when a parent pays, so a parent paying 35 days early still gets the 30-day-tier 5 percent. The list sorts by days descending so the biggest-reward rule sits at the top — the office reads the chart the same way a parent would.