Create a Fund Fee Type

To create a Fund Fee Type:

1. Go to Admin Fees from the Home page.
2. Select Fund Fee Types from the left-side menu.
3. Click Create
4. Enter the Name of the Fund Fee Type.
5. To the right of Fee Type, click the drop-down arrow to select how your Fund Fee Type is calculated (flat_fee, percent, percent_range).
   • Flat Fee ($250 per year, $5 per grant, etc.)
   • Percent (1% of the balance on endowment quarterly, yearly or monthly, or 1% of each transaction, etc.)
   • Percent Range (1% on $0-49,999 funds, 0.5% on $50,000-250,000 funds, etc.)
6. To the right of Apply Fee, click the drop-down arrow to select when the Fund Fee Type should be charged.
   • Apply Fee options:
     • Monthly
     • Quarterly
     • Yearly (on Dec 31)
     • Fiscal Year
     • Bi-Annual
     • Bi-Annual Fiscal Year
     • Per Grant from the Fund (ea_grant)
     • Per Internal Grant from the Fund (ea_int_grant)
     • Per Donation to the Fund (ea_donation)
     • Per Internal Donation to the Fund (ea_int_donat)
     • Per Public Securities/Stock Donation (ea_stock)
     • Per Voucher paid by the Fund (ea_voucher)
     • Per Invoice (ea_invoice)
7. Enter the Receiving Fund, if different from the default. This is the fund that will receive admin fee revenue for this fund fee type.
   • The default is the fund set on the Set Admin Fee Fund Page.
8. Enter the Revenue Account, if different from the default. 
   • The default is is the Admin Fee Revenue account set on the System Default Accounts page.
9. Click Create.
10. Next, edit the fund fee type.