4.12 Process Raise Broker Commission

This topic provides the systematic instructions to raise broker commission.

1. On Home screen, type UTDBRAIS in the text box, and click Next.
   The Raise Broker Commission screen is displayed.

   Figure 4-19 Raise Broker Commission

   
   

   
   Description of "Figure 4-19 Raise Broker Commission"

   
   
2. On Raise Broker Commission screen, click New to enter the details.
   For more information on fields, refer to the field description table.

   Table 4-15 Raise Broker Commission - Field Description

   Field	Description
   To Date	Date Format; Mandatory Specify the date until which you wish to raise the broker commission. This field is mandatory. If you raise broker commission on current application date, the system will consider all the transactions allotted till the previous day. To date should be less than or equal to the previous working date.
   Last Raise Date	Date Format; Optional Select the last raise date when the raise was made from the adjoining calendar.
   Broker Type	Alphanumeric; 6 Characters; Optional Specify the broker type for which the commission should be raised.
   AMC List	The section displays the following fields.
   AMC ID	Alphanumeric; 6 Characters; Optional Specify the id of the AMC. The adjoining option list displays all valid AMC ids maintained in the system. You can select the appropriate one.
   AMC Name	Alphanumeric; 10 characters; Optional When you select the AMC ID, the AMC name automatically gets populated. However, you are allowed to edit the same.
   Fund List	The section displays the following fields.
   Fund ID	Alphanumeric; 6 characters; Optional Specify the Fund ID. The adjoining option list displays all valid fund ids maintained in the system. You can select the appropriate one.
   Fund Name	Display When you select the fund id ,the fund name automatically gets populated. The system logs the VAT amount details along with commission details. The raising of commission is independent of the payment of commission, and the raise of commission and the payment of commission need not occur on the same day. The commission table shows the converted amount if the broker source currency is different from that of the preferred currency. For raise broker commission, previous system date cannot be a holiday.