Once we have created master particulars and master discounts, we are ready for updating fee structure for batches. As a first step, we need to switch to the financial year in which we are planning to create the fees
Menu > Administration > Finance > Finance Settings > Financial Years
Set the active financial year, in which you need to create the fee structure.
Then go to Menu > Administration > Finance > Fee > Create Fees
To configure “Create Fee”, Admin/Privilege user needs to configure the following options:
Create Fee Category
Create the Particulars.
Create the Discounts.
Configure the Generate Fine option.
Refer below links: