FS – ST – Fees

In this step-by-step lesson, you’ll learn how to set up and manage fees in TEAMS so your RTO can generate accurate instalments, invoices, and agent commission payments. You’ll also learn how Fee Type and Object Type work together to ensure each fee appears in the correct context during billing and financial processes.

You’ll learn how to:

• Access and navigate the Fee Welcome Screen to view and search existing fees
• Understand the purpose of Fee Type and Object Type, and how they determine where each fee applies (Organisation, Campus, or Program)
• Create new fees using mandatory details such as Fee Code, Fee Name, Fee Amount, GST settings, and Object Type
• Correctly calculate and apply GST by entering the GST-exclusive amount (e.g., divide total by 1.1 if GST is included)
• Enable the Pay Commission option to automatically generate agent commission invoices when the fee is used
• Deactivate or replace fees safely to maintain historical accuracy and audit compliance, rather than editing existing fee amounts
• Use the Custom Import File for Fees to add multiple fees efficiently during implementation or data migration

By the end of this lesson, you’ll understand how to manage and configure fees effectively to ensure your college’s billing, reporting, and commission processes remain accurate, compliant, and fully automated in TEAMS.

IMPORTANT: At the end of this lesson, you’ll need to complete the quiz before moving on to the next topic.