Fees
Create management fee table
In order to create a management fee table, follow the steps below. IT is not recommended that existing management fee tables be edited when rates change as if this is done there will be no record of the old rates. It is better to create a new ...
Activate management fee table (in the fees business rule)
After a Management Fee Table has been created in Fusion (please refer to the article here with instructions on how to do this), it needs to be activated by assigning it to the Fees business rule against the originator group product. 1. Navigate ...
Activate the establishment fee table (in the fees business rule)
After creating an Establishment Fee Table, it will need to be assigned to the the Fees business rule in order for it to be activated. 1. Navigate to Configuration > Organisational Structure: 2. Select the Originator Group Products option under ...
Create an establishment fee table
The establishment fee tables contain the fee values that are charged to borrowers on establishment of a finance agreement. Some companies refer to these fees as document fees, others refer to them as setup fees. Essentially they are fees that are ...