Creating contract sales-based charges
- Select Financials > Franchise Billing > Setup Franchise Billing.
- On the Standard Charges tab, select Create Sales Based Charge.
- Specify the company, charge, and currency for the company for which you are creating the charge.
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Specify this information:
- Frequency
- Select the rate at which the charge will occur.
- Process Level
- Select a valid process level.
- Taxable
- Select whether the charge is exempt or taxable.
- Tax Code
- Specify the relevant tax code.
- Minimum Amount
- Specify the minimum amount of the charge.
- Maximum Amount
- Specify the maximum amount of the charge.
- Percent of Sales
- Specify the base percentage of sales for the charge.
Note: You can override this value by defining a sliding-scale percentage. See Creating contract sales-based sliding scale charges.
- Base Amount
- Specify the base amount to be posted to the Global Ledger.
- Select the accounts that are affected by the charge.
- Click Save.