Customising funding settings

Customising funding settings

You can use funding settings to determine how child funding works in relation to session scheduling and term times.
  1. In the top right, go to  > System Settings.
  2. Click on Terms/Funding on the left.
  3. Click on Funding Settings in the top right.
  4. In the pop-up, fill out Max funded Hours/Week for Universal Entitlement, Extended Entitlement. This will limit how much funding you can allocate to children on their profiles.
  5. Fill out Maximum Funded Hours/Day.
  6. Select an option for Funding Allocation on the invoice:
    1. As per sessions: This means that funding will be allocated on a session-by-session basis. 
    2. As per funding rates: This means funding will be allocated on a per-hour basis, according to the funding rate (for invoices) assigned to terms. Selecting this also lets you choose between Funding Rate As Per Actuals (meaning rates are applied term by term), and As Per Average (meaning rates are applied as an average of all terms in the academic year).
    3. Average of actual sessions: This means funding will be allocated based on the total price of all sessions for the week.
  7. Tick the box next to the options you want:
    1. Funding Applicable on Weekend: This option allows weekend sessions to receive funding.
    2. Round Off Entitlement: Checking this option means entitlement should always be rounded to the nearest whole number.
    3. Enable Extra Sessions: Checking this option gives you the ability to mark a session as ‘Extra’, meaning it won’t be funded. 
    4. Apply Discount to Funding Rate: Checking this option applies a discount (as established on the child profile) to the funding rate.
  8. Click Update Settings.

    • Related Articles

    • Customising HR settings

      On eymanage, you can keep track of how many holidays and sick days have been used by staff members, and how many remain. You’re able to customise holiday and sickness entitlement settings for all staff members in a nursery branch through HR Settings. ...

    • Updating funding allocation

      You can check how funding hours have been allocated in the Funding section of a child’s profile, and even make changes where necessary. Click on Children in the sidebar. Click on the name of the child to be taken to their profile. Click on the ...

    • Global settings vs. system settings

      If you have access to both Global Settings and System Settings, you may notice that a lot of options appear in both. For example, you can create tags, edit email templates, customise events and documents and more, in both Global Settings and System ...

    • Allocating funding to individual children

      Click on Children in the sidebar. Click on the name of the child to be taken to their profile. Click on the Funding tab on the left. Click on the icon in the top right to add new Funding Details. Choose which Year this is for. Choose a Term within ...

    • Allocating funding to multiple children

      From System Settings, you're able to view all children's funding allocation for each term and edit them using bulk actions. Allocating funding In the top right, click on > System Settings. Click on Terms/Funding. Click on the icon next to a term to ...