For a specific fund, I need to apply the actuarial percentage to a fund expense. How do I do that?
In Class, there are existing community level income and expenses. We recommend not to change the settings on these ones.
This article uses Accountancy Fee as an example, however, the process can be applied to any fund level expense.
Navigate to Business Level > Settings > Fund Expense > Administration Expense
- Create a new Fund Expense.
- For the "Pension Apportionment Method", select Apportioned By Actuarial Percentage
Navigate to Fund Level > Transactions > Fund General Expense
- Select Accountancy Fee from the "Expense Type" drop-down list