How to create Advance Fee Type?

Please follow the below path to create Advance Fee type under Misc Fee Type

Path: Settings--> Finance--> Create Fee Types---> Misc Fee Types---> Wallet/Advance Fee---> Create Feetype wise Advance

Note : 1) We can use this fee type to collect the Excess Amounts (Advance Amount to Next Year).

2) If any student paid Extra Amount apart from the Assigned fee, that extra amount can be adjusted in this fee type.

3) We can adjust this Excess Amount to Student Current/Next year Balances.