Applying Discounts

Applying Discounts

Discounts in billing can be flexibly applied to any accounts over a given date range in either in flat amounts or a percentage-basis.

To create a new Discount:

  1. Navigate to Run Business > Billing.
  2. Click Apply Discount from the top controls.
  3. Enter a Discount Name.
  4. Set the Discount Type: Percentage or Dollar.
  5. Enter the Discount Amount. For Percentage discounts, this is the percent of the fees that will be removed.
  6. Set the Start Date for the discount, and, if needed, the End Date.
  7. Set the Apply Discount To to either All Accounts or Select Accounts. If you choose Select Accounts, search for and select the Accounts this discount applies to.
  8. Click Save.

    • Related Articles

    • Applying Exclusions

      Exclusions allow you to set specific Accounts, Securities, or Security Types to be exempt from fees over a set date range. Note: Non-managed accounts and positions are automatically excluded from billing and need not be added here. Any overlap in the ...

    • Model Center Searching and Filtering

      The Model Center contains a robust search and filtering engine to help you narrow down what you are looking for. Searching Models can be searched by all or part of the Product Name. Start typing in the Search box to have the list dynamically filtered ...

    • Performing Tax Harvesting

      Once an Account Group has a Harvest Rule assigned, you can use the Tax Loss Harvesting tab to monitor for harvest opportunities and act on them. When any part of an account group reaches the criteria threshold of the applied rule, it shows as an ...

    • Revenue Dashboard Overview

      The Revenue Dashboard shows all billing activity for a selected billing group, giving full visibility into various revenue reports. Admins and Advisors can use the dashboard to find cash shortages and missing fee schedules, as well as develop a ...

    • 5/15/2023 Release

      Digital Onboarding and Account Servicing Enhancements Fidelity: Client Portal users with Fidelity accounts can now request a cash transfer through the Client Portal. Advisors will be notified of the request with all necessary details to process the ...