Licensee Fee

Licensee Fee is a fee charged by the Licensee for providing Advisory Services, Payment Services or any other services.

These fees are included in the Product Provider Commission Statements. To mark a fee as Licensee fee, go to:

Business Setup > Product Provider > Define Schema

A column name 'Is Licensee Fee' is available. Click on the Fee Type name and you can find the checkbox 'IsLicenseeFee'. Tick the checkbox and click on 'Update'.

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The status will change to 'True' under the 'IsLicenseeFee' column. 

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Any fee marked as Licensee Fee will be fully retained by the Licensee. No splits (Fixed Split or Client rules) will be applied to these fees.

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