Update Administration Fees

                        

                                                 

    Add a fee based on                              

                                                

    MTD Expeditures.                                

                                                 

                       

   Creating Administration Fees for YYMM : YYMM

                       

   Enter date to use for this update : MMDDYY

 

                                                

    Is it 'OK' to Proceed with Create Administration Fee? (Y/N) : __

                                                

                          

 

As expenditures are made, an admin fee will be calculated for each expenditure based on the admin fee  percent. These amounts are added to the pending admin fee of the project  .Each month the Admin Fees Register should be printed and the Admin Fees Update should be performed. This will take the pending admin fees & post these as permanent transaction against the project.