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Creating and Assessing Fees
Fee schedules are set up to record administrative fees that are charged to pooled funds (typically 1% of endowment balance or less). The administrative fee may also be set up to cover the salary of…
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How Do I Set Up a Spending Rule?
Spending Rules dictate how earnings on an endowment can be spent. Spending Rules are typically based upon an organization’s spending policy. Organizations may apply one Spending Rule to all of their…
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How Do I Set Up Spending Rule Exceptions (Distribution Rules)?
This article will help explain how Balance handles spending distributions and options for client set up. It will also provide recommendations for handling different distribution configurations.…
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How Do I Create Income/Spending Distributions?
Income/Spending distributions can be posted in one of two ways in Balance You can automate the spending process (Automated Method), You can enter the income/spending distributions manually using Add…
The nitty gritty on setting up spending and fee rules.