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Getting paid and keeping financial books organized are two of the most common problems music teachers have. MusicTeacherNotes music school administration software streamlines the financial side of a music studio's business, making it easy to know which students owe money and which ones do not. Bookkeeping becomes a simple task. Invoicing students and collecting payments online is a breeze. You can also track the expenses related to your music lesson business for tax purposes and generate profit and loss statements.
The MusicTeacherNotes billing feature allows private music teachers to record all of the financial transactions a student has. You can easily see the family balance for every family you teach in the Family Balances section. For example, if you teach two or more students who are in the same family, their family balance information will be combined in the Family Balances section. This allows you to easily see how much the family owes, and it helps you quickly review all of their past transactions.
A transaction can be a charge, a payment, a discount, a credit, or a refund. You can easily add transactions and see them in the Transactions section of the billing system. You can set up lesson charges to recur for each lesson so that when lessons happen, the charge is automatically added. When students pay you, a transaction also shows that they've paid. Transactions are searchable, so you can quickly find any previous transactions you need at any time.
Invoices can be generated and shared with families so they are more likely to pay you on time. In fact, invoices can be customized for a specific family to give it a personal touch. Invoices are sent to the family’s email and to their MusicTeacherNotes account.
Reminders allow you to enter something a student needs to remember. A reminder can be used to let a student know they need to pay you if they are behind. You simply enter the reminder and it shows on the student’s account. You can set reminders to expire at a specific time or go on indefinitely.
MusicTeacherNotes helps music teachers manage their students and helps students learn music faster. By empowering parents and students to get much more out of private music lessons, learning music becomes a better experience for everyone.
