Activate management fee table (in the fees business rule)

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  to Configuration > Organisational Structure:



2. Select the Originator Group Product option under Originator Groups:



3. Using the Filter Options, find the relevant Finance Company, Originator Group and Product from the drop down lists before clicking on the  button:



4. Select the product from the list of originator group products:



5. Once redirected to the Display Originator Group Product screen, select the Actions Panel  > Business Rules > Fees:



6. Under the General menu, enter the Effective Date (which is the date when the establishment fee table is activated) which can be a future or current date. If the current date is selected, the rule will be activated and take immediate effect. Click on the  button to continue: 



7. On the Fees Earned By Finance Company menu item, under the Management Fees Table,  ensure that the correct Management Fee Table is set before clicking on the  button to continue: 



8. On the Fees Payable By Finance Company menu item, simply click on the  button to complete the process of creating this business rule: 


Alternatively, click on the  button to return back to the Display Originator Group Product screen or if the previous menu items need to be accessed (Fees Earned By Finance Company or General), click on the  button.

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