Updating Commission from Partner in Product Fees

How to update the commission from partner in product fees?

When the Revenue Type of a given product is Commission from Partner, you will be able to see 2 additional columns - Claimable Terms and Commission %, in the Product Fee pop-up window.

  • Claimable Terms → means the number of installments on which commission is claimable from the Partner

  • Commission % → is the percentage claimable on the respective fees in the given row. This is auto-populated from the Partner’s commission. Further edits can also be done here.

If you do not see these columns, that means your system admin has not provided you permission to view and edit them. For permission, please contact your system administrator.

For example, Melbourne Institute of Technology (MIT) provides a 20% commission for the first 4 semesters. Hence, the claimable term is 4 and the commission % is 20. 


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