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Set a default reduction scenario for autosuggesting a reduced period value (change the initial price)

Updated on December 16, 2022

Financial Settings / General Settings / Reductions, Discounts & Loans / Automatic tuition fee reduction / Set a default reduction scenario for autosuggesting a reduced period value (change the initial price)

 

Here you can define the default scenario, used to reduce the value of the periods instead of changing the value in the reduce field.

This scenario will be used when you click the calculator in the price field within arrangement management.

To add or edit reduction scenarios, you must go to Financial Settings / Dropdown lists > Reduction Scenarios, as shown in Figure 1.

 

Figure 1

 

For example, when you click the calculator, the reduction amount is automatically calculated because the default scenario is Mass Payment For A Year, which is 10%. (Figure 2)

 

Figure 2

 

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