Offset by split

If you want to adjust the fixed fee on the basis of licensee retained amount then you can apply offset by split.

For example, adviser group receives $2000 gross and licensee retains $300 as per the split. If the fixed fee (with this checkbox) input is $400 in that case we will reduce this Fixed Fee by the split amount in the payout calculation. i.e. ($400 - $300 = $100). If the licensee retains $500 then the fixed fee will be zero.

So, it works on the below concept:

1. if Fixed Fee > Licensee retained amount, then 

   Fixed Fee – Licensee Retained Amount = New Fixed Fee

2. If Fixed Fee < Licensee retained amount, then 

   Fixed Fee- Licensee Retained Amount= Negative

  New Fixed Fee=0

 

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