Skip to main content

How to Set Up a New Funding/Subsidy

This visual article explains how to set up a new funding or subsidy step-by-step.

R
Written by Rawan Mhanna
Updated over a week ago

How to Set Up a New Funding/Subsidy

2. From "Finance"

3. Go to "Subsidies"

4. Click "Add Funding"

5. Add the "Funding Name".

6. Add "Code" or Notes if needed.

7. For Example: "Pre-school funding."

8. Click the "Add" button.

9. Go to the funding created.

10. Go to "Calculation Rules"

11. Click "Add calculation rules"

12. Choose the right default method whether Hourly, Percentage, or fixed amount.

13. Choose the "Type" - "Subsidy Amount"

14. "Parent Amount"

15. Or "Both Amounts"

16. Choose the "Duration" - "Daily", "Weekly" or "Monthly"

17. Select the products that do not apply to this funding if any.

18. Choose the product, whether it's a session, item, package, or charge.

19. Click "Add selected"

20. Select the type of funding it's not subjected to.

21. Click "Save"

22. Click "Ok"

23. Edit the Calculation Rules from here.

Did this answer your question?