In this article you will learn how to process an Investment Fee Rebate. There are two options: 

• Investment fee rebate - cash
• Investment fee rebate - reinvestment

Investment fee rebate - cash

Navigate to fund level > Transactions > Fund Income > Investment fee rebate - cash

1. Select the Investment Account this rebate relates to
2. Enter the Date this income was paid
3. Enter the Gross Refund Amount of the fee rebate
4. Enter the GST amount manually if applicable, or
5. Click Calculate button (to automatically calculate the GST amount)
6. Displays Net amount of the Investment Fee Rebate (will automatically populate)
7. Displays any claimable input tax credit for GST (will automatically populate)
8. Displays net amount of the Investment Fee Rebate after input tax credits have been claimed (will automatically populate)
9. Description of Income (the default is Investment Fee Rebate - Cash)

Investment fee rebate - reinvestment

Navigate to fund level > Transactions > Fund Income > Investment fee rebate - reinvestment

1. Select the Investment Account this rebate relates to
2. Enter the Date this income was paid
3. Enter the Gross Refund Amount of the fee rebate
4. Enter the GST amount manually if applicable, or
5. Click Calculate button (to automatically calculate the GST amount)
6. Displays Net amount of the Investment Fee Rebate (will automatically populate)
7. Displays any claimable input tax credit for GST (will automatically populate)
8. Displays net amount of the Investment Fee Rebate after input tax credits have been claimed (will automatically populate)
9. Enter the Allotted Units (the number of new units allocated)
10. Description of Income (default is Investment Fee Rebate - Cash)