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This page is currently being edited by {{ model.editingBy }}.SmartFusion Modules > Business License > Maintenance > Calculate License Fee
Recent Changes:
6.191 - Added interest amount and updated logic for penalty amount calculation to look at the flag 'Use Penalty Schedule' in the BL System settings.Introduction
This option allows a user to calculate the license fee based on the license type, Rate and gross receipts.
Input Criteria
License Type
Rate
Prorate
Remaining months - it is enabled only when 'Prorate' is checked
Gross Receipts
Fees - Calculated field
Total fee for flat rate items
Total additional fees
Total license fee - Calculated as a total of the Fees, Total fee for flat rate items and Total additional fees.
Payment date
Penalty amount - Calculated based on the system settings ( depends on whether it is using the schedule or not)
Interest amount - Calculated based on the system settings ( depends on whether it is using the schedule or not)