Course agreements and training liability
How money paid up front for a course is held against training not yet delivered, recognised as it is flown, settled fairly on withdrawal, and reported as a liability.
Last reviewed
When a student pays for a course up front, that money is not yours to count as income yet. It is money received against training you still owe. A course agreement records that properly, so the school always knows what it has been paid for and what it still has to deliver.
The agreement
An agreement sits against an enrolment and records what was paid and what it buys. It can be paid in one go or in instalments. Because it is tied to the enrolment, it stays connected to the student's actual progress rather than living in a separate ledger.
Recognised as it is delivered
The money is recognised as training is delivered, not on the day it was received. As the student flies and the syllabus is signed off, the amount owed to the student in flying comes down and the amount earned goes up. An instalment can be set to fall due when a milestone in the syllabus is signed off, so billing tracks real progress.
If a student withdraws
A withdrawal is settled from what was actually delivered against what was received. FlyerOS computes the refund due back, or the balance still owed, from the records, so the settlement is worked out rather than argued over.
The training liability report
Finance, then Training liability, shows the money received against training not yet delivered, in other words what the school still owes its students in flying. It is a real number a school carries, and having it visible means it is managed rather than discovered later. The figures come from the agreements and the training records, so the report and the day agree.