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Why are the discount rates not being applied?

Have you allocated the applicable School Years to the Discount Rate Rule? 

To verify:
1. Go to Finance module | Finance Setup (bottom left).
2. Under Fee Structures, select Discount Rates.
3. Select View Discount Rules for the applicable Discount Category.
4. Edit the Discount Rule and ensure School Year(s) are selected.
5. Select Save.

Have you linked the Fee Type with the relevant Discount Category? 

To verify:
1. Go to Finance module | Finance Setup (bottom left).
2. Under Fee Structures, select Discount Rates.
3. For the Discount Category, select Edit.
4. Add the associated Fee Types.
5. Select Save  

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