An instalment schedule for every student
The year's fees spread over instalments with due dates, and tax invoices issued on time.
Education · instalments and approved discounts
An instalment a whole term late started with a discount someone gave verbally
At private schools, private universities and training centres, losses build up from two sides: instalments that run late with no organised follow-up, and discounts given with no approval and no trace in the books. Furat gives every student an instalment schedule with its dates and automatic reminders, and makes every discount or scholarship a documented decision with its approver.
Quick answer
What's the best accounting software for schools and training centres in Saudi Arabia?
The right education software must give you five things: fees on an instalment schedule for every student, discounts and scholarships with documented approval, automatic reminders before the due date and follow-up of arrears, every class's and programme's cost against its revenue, and ZATCA-compliant invoices. Furat brings them together in Arabic; the package starts at SAR 179 a month before VAT, live in two to four days.
Last updated: 21 September 2026
SAR 179the education package a month — before VAT
Instalment = a date and an owneran automatic reminder before it falls due
2–4 daysto be fully live
Discounts with approvalno scholarship without a documented decision
Why doesn't general accounting work for an educational institution?
Because your revenue is earned over an academic year and collected in instalments, and it changes with sibling discounts, scholarships, withdrawals and transfers. A general system only sees the amount collected, so it knows neither the fees each student still owes nor what discounts do to the term's revenue. The right system manages fees as an obligation that runs over time, so you can read your expected revenue and your arrears on any day.
Approved scholarships and discounts
Every discount with its type, rate, approver and effect on the term's revenue — no verbal exceptions.
A programme's cost and revenue
Teachers' pay, materials and facilities against the revenue of every programme and class, so you know what really makes money.
What Furat adds in education
Six capabilities built around running private schools, private universities and training centres.
A student's financial file
Their fees, instalments, discounts, payments and remaining balance on one screen, for the parent and for finance.
Automatic instalment billing
A tax invoice for every instalment on its date, and a notice to the parent before and after it falls due.
Discounts and scholarships by policy
Discount types defined with their rates, conditions and approval level, and a report of their effect on revenue.
Organised follow-up of arrears
Late payers ranked by amount and age, reminder messages on a fixed schedule and a documented record of claims.
The term's expected revenue
Fees due but not yet collected, with their dates, so you plan cash flow before the term starts, not after.
Programme and class profitability
The cost of teachers, materials and facilities against every programme's and class's revenue, in an auditable report.
How does Furat protect you from losses and risks?
Five losses that keep recurring at educational institutions, and where the system stops each one with a control, not personal judgement.
| Risk | How it happens in practice | The control in Furat |
|---|---|---|
| An instalment a whole term late | Follow-up depends on a staff member remembering | A due-date schedule, automatic reminders and receivables ageing for every student |
| A discount with no approval | A scholarship granted verbally at reception | Discount types with limits and a mandatory approval level, backed by a document |
| A withdrawal never settled | Fees paid or due are left hanging | A withdrawal policy calculated by time, with an automatic settlement entry |
| A term's revenue nobody knows | Fees due are only seen once collected | An expected-revenue report of fees due but not collected, with their dates |
| A loss-making programme keeps running | No detailed cost for each programme | A cost centre for every programme and class, with its revenue and margin |
In education, ten late instalments in one term add up to a teacher's full salary. The difference is giving every instalment a date, an owner and a reminder before it becomes an old debt.
Get your collections under controlSix points that settle the decision for an educational institution
Written in advance, so you can compare them with any provider before you sign.
A parent portal
Parents see invoices, instalments and the remaining balance for themselves, so visits to reception drop.
Several ways to pay
Online payment, bank transfer and card terminals, with every payment posted to the right instalment automatically.
Reports fit for auditors and regulators
Financial statements and fees and discounts reports that your auditor accepts, with every figure leading you to its document.
Tax compliance is our job
Every invoice is issued ZATCA-compliant and connected to the FATOORA platform, and every regulatory update reaches your account with no upgrade fee.
Your data stays in the Kingdom, and it is yours
Hosting inside Saudi Arabia, daily backups, and a full export available any time at no charge — your data is never held as leverage over you.
Migration and training at no cost
We move your balances, items and customers from Excel or your current system for free, and train your team remotely in Arabic until your first successful month-end close.
The education package starts at SAR 179 a month before VAT and includes accounting, invoicing, CRM and cost centres; add online payment when you need it.
Compare plansThe start plan: from your fee structure to your first instalment cycle
- Day 1A chart of accounts and your fee structureA chart of accounts, your programmes and their fees, discount types and their approval limits, and permissions.
- Day 2Migrate students and balancesWe enter your students with their instalment schedules, discounts and overdue balances from Excel for free.
- Day 3Training reception and financeTwo remote sessions in Arabic: enrolling a student, approving a discount, issuing an instalment invoice, and a payment reminder.
- Days 3–4Your first instalment cycleWe issue the invoices for instalments due and review the term's expected revenue with your account specialist.
Questions educational institutions ask
How does Furat manage students' fees and instalments?
Every programme's fees are spread over an instalment schedule with due dates, and a ZATCA-compliant tax invoice is issued for each instalment on time. The parent is notified before and after the due date, and the student's remaining balance can be read at any moment with no manual calculation.
Are sibling discounts and scholarships controlled?
Yes. Discount types are defined with their rates, conditions, limits and approval level, and no discount applies without a documented approval, with its document and approver. The system reports the discounts' effect on the term's revenue, so you know how much you gave away before the next year starts.
Does the system work out the profitability of every programme or class?
Yes. Every programme and class is a cost centre that carries its fee revenue, its teachers' pay, its materials and its share of the facilities. Every programme's margin shows, so you know which programme covers its cost and which eats into the others' profit before you approve next term's plan.
How long does it take to get Furat running at a school or training centre?
Two to four working days. We set up the chart of accounts, the fee structure, discount types and permissions, migrate your students with their instalment schedules and overdue balances from Excel for free, train reception and finance remotely in Arabic, then issue your first instalment cycle with you.
Read also: Tax invoicing · CRM · Accounting · All industries · Pricing & plans
Enter one programme's fee structure, and see it running yourself
Try it on fees from your own institution and build a sample instalment schedule — 14 days free, no bank card.