Money Management Features

• Integrated single screen money item configuration - Setting up and managing fees is a critical issue to any revenue generating operation. OpenFACILIS has made this easy with its intuitive and flexible money / fee configuration administration.
  
  
• Centralized revenue account setup - Money received within any organization needs to be tracked and reported to the financial system. OpenFACILIS makes this easy with configurable revenue accounts that can be selected from a drop down list where ever they are needed.
  
  
• Recurring fee configuration - Many processes contain fees that recur on a regular basis: monthly, yearly, etc. OpenFACILIS provides the means to set a recurring schedule on any fee type.
  
  
• Split revenue account configuration - Often fees that are assessed need to be split between multiple revenue accounts. OpenFACILIS provides a fee splitting configuration on every fee type.
  
  
• Flexible money calculation configuration - Fees associated with processes can often become very complex to calculate. OpenFACILIS' money configuration provides a very flexible means to setup most fees. If a fee is too complex for the base setup options, OpenFACILIS allows the system administrator to create user-defined functions at the application server that can support any calculation needed.