Once you a Fee Payment has been made, it is easy to cancel the fee payment. But, the payment has to be cancelled within one day of Fee Payment.
Step 1. Search the student by its name from the Search Bar on the top of the screen. 
Step 2. Click on the Fee Details option from the Student's Profile. 
Step 3. Under the Fee Instalment Plan, click on the Cancel Fee option. 
Step 4. Click on Yes on the dialog box. 