eymanage: Updating your funding settings

eymanage: Updating your funding settings



Another important part of setting up invoices is making sure you set up how child funding is allocated against the invoice. Again, we’ll be looking at the essential settings only. More complex options can be explored once you’re more familiar with the system.
  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 and 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), or 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. Click Update Settings.