Accessing the Compensation Fees
To add compensation fees, you will first need to access the compensation fees section in your accounting tab.
Once you have clicked on the compensation fees option, a new page will open up with various options for adding compensation fees.
Selecting the Type of Compensation Fee
On the compensation fees page, you will see a drop-down arrow next to the "Type" section. Click on this arrow to reveal the different types of compensation fees you can add. These include: Tier, Account and Flat fee
Choose the type of compensation fee that best suits your needs by clicking on it.
Entering Specific Amounts
After selecting the type of compensation fee, you will then be able to enter the specific amounts that you would like compensation to be calculated on. This could include percentage on receipts and disbursements, percentage on a certain sum or flat.
Using the Report
Once you have added your compensation fees, you can then generate the accounting report to view the compensation calculation. When pulling the report, compensation will be included according to the amounts entered in the compensation tab.