|To set up a regular initial remuneration against a holding, navigate to the client and holding within the Clients module and then to the Remuneration section:|
Choose the type of regular remuneration to be added and once done, click the Regular initial tab to enter the initial remuneration details:
If the information in blue text (to the right of the input fields) is correct, click on Use calculated values. If the information is mostly correct, click the button to use the information and amend those sections which are incorrect:
Some information does need to be recorded manually, such as:
- Last initial payment
- Earnings Pd. (months)
- New business credit
Now that the remuneration is set up, it will need to be posted each month to allow it to be reconciled.