Create an Invoice with Net Payment (Agent)
Last updated
Paradigm Knowledge Base
Last updated
If you are using a Course Fee Plan with Agents and Commissions added to your students' Course Enrolment records, Paradigm allows you to create an enrolment invoice with net payment from agents in the Course Enrolment record considering all the commissions, surcharge, etc. that apply to the students and agents circumstances
NOTE:
This workflow will include the negative line item that is being withheld by an agent for the commission rate due and the total amount paid shown in the invoice will be the Course Fee amount minus the commission amount of the agent
The workflow below assumes that the prerequisite records have already been satisfied. Refer to the list of prerequisite records here.
Load the student record, see Search a Student record
Navigate to the Accounting > Invoices menus on the side and CREATE NEW ENROLMENT INVOICE
Check the INVOICE Header section and click the SAVE INVOICE button. In the ITEMS section click the ADD INVOICE ITEM button and select the Course Fee Items that you want to include in the invoice.
After selecting the items, click the ADD SELECTED ITEMS AND COMMISSIONS button
You will now see the INVOICE ITEMS that are added, click the EDIT INVOICE button and click the STATUS TO SENT.
After setting the status of the invoice to SENT, you can now pay off the invoice by navigating to the Accounting > Invoices menus again, clicking the ACTIONS button against the invoice that you want to pay and selecting the Pay Invoice option.
In the APPLY NEW PAYMENT section, set the full amount paid by the student/agent in the Sent Amount field, and click the SAVE PAYMENT button.
In the POSSIBLE PAYMENTS TO APPLY section above, click the APPLY AMOUNT TO ITEMS button. NOTE that the amount to apply is equivalent to the amount minus the agent's withheld commission already.
SUCCESS:
The payment has now been applied to the Course Fee Items successfully, to check the Invoice Details, navigate to the Accounting > Invoices screen.
