The 7-Step Guide to Stress-Free Childcare Billing
An organized childcare billing system is essential to the financial success of your business. This guide covers seven steps to create an efficient billing process.
Save time on billing and generate childcare receipts instantly with brightwheel.
Save time with automated invoicing, receipts, and autopay. Families get receipts instantly after payment.
Set payment schedules once and never worry about issuing receipts.
Save time with templates and adjust to fit your needs. Edit charges, add discounts, or split invoices between payers.
View your finances in a central dashboard. Monitor payment activities and track open invoices at a glance.
Save time with automated invoicing, receipts, and autopay. Families get receipts instantly after payment.
Set payment schedules once and never worry about issuing receipts.
Save time with templates and adjust to fit your needs. Edit charges, add discounts, or split invoices between payers.
View your finances in a central dashboard. Monitor payment activities and track open invoices at a glance.
Simplify administrative tasks with brightwheel’s all-in-one app & save up to 20 hours per month. Stay compliant with digital check-ins, health checks, and room ratio tracking.
Build quality connections with families and staff. 95% of administrators & staff report brightwheel improves communication with families.
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Creating a receipt is simple with brightwheel billing. You can set up your billing once and let our system automatically generate and send receipts to families after each payment.
Receipts are sent to the email on file once payment is successfully processed. You can also view and print any desired invoices as needed.
For payments made using a credit card, receipts should be sent pretty quickly. For payments made using an ACH method, receipts can take up to 5-7 business days to issue after the payment is completed.
Payers can access financial reports for tax or reimbursement right in brightwheel.
Individual invoices or statements can be printed, which include the important information needed (EIN, charge details, dates of service). Or, the payment history can be exported. This export will include the following information: payment method, amount, date, and status; payer name; amount applied to invoice(s); invoice number(s); charges; and any dates of service that the provider added.
Yes, you can easily add sibling or special discounts to a student’s invoice and these discounts will show up on the issued childcare receipt.
No, families generally cannot claim childcare expenses without receipts. In order to claim these expenses for tax purposes, receipts are typically required as proof of payment. It is important to keep track of and retain receipts for any childcare expenses you wish to claim. Consult with your own attorney, CPA, or tax professional regarding your specific situation.
An organized childcare billing system is essential to the financial success of your business. This guide covers seven steps to create an efficient billing process.
Everything a childcare center needs to prepare for 2024 tax season.
Navigate Form 2441 with ease. Help families maximize their eligible childcare-related deductions and complete the form.