Setting Up Fees at the Lease Level

Access the E.P. Information Revisions form.

Admin B/R (billing receipt code - administration fee)

Enter a billing receipt code that specifies the account that the system uses to calculate administration fees. If you leave this field blank, the system posts to the same accounts as the billable amount.

% Fee (percent fee rate)

Enter the percentage to allocate for an administration fee. Enter the percentage in a decimal format. For example, enter 0.01 to specify a 1 percent fee.

The system assigns the bill code that appears in the Admin B/R field (BRAD) to the billing record that the system generates for the fee. The system calculates the fee based on the value in the FB (fee basis) field (FEBS).

F B (fee basis)

Enter a value that specifies at what level you add an administration fee. Values are:

Blank: Add an administration fee to the tenant net share.

1: Add an administration fee to the class exposure after exclusions.

2: Add an administration fee to the class exposure before exclusions.