Create Report Fee from New Order Form
When creating a new appraisal there's an area where you can enter the Report Fee amount. The Report Fee field is also available on the Quick Add appraisal form.
Example 1
On the new appraisal form I'll leave the order unassigned and set the fee for $545.
After adding an appraisal with a Report Fee amount listed, you'll see the relevant information under the Fees & Costs section on the details page.
Report Fee = $545.00
Appraisers Fee = $0
Description of the fee is set to Appraisal Report Fee
The rate is $545, which is the amount I entered on the new appraisal form (see previous screenshot)
Quantity is 1
This fee currently isn't assigned to anyone because I didn't assign a Primary Appraiser to the order yet
Commission is equal to 0 because there isn't anyone assigned (this will automatically update when an appraiser with their commission details set up is assigned to this fee)
If there was an assigned appraiser and they had been paid, you could use the "Appraiser Paid On" field to enter the date when they were paid
Bill Client is set to "Yes" by default; this means that you will invoice the client for this fee
Example 2
For this example we'll assign the appraisal and set the fee amount to $545 again. This way you can clearly see what happens when an appraiser is assigned to a fee and their commissions are calculated.
The fee details under the Fees & Costs section appear as follows:
Report Fee = $545.00
Appraisers Fee = $136.25 (Report Fee x Commission %)
Description of the fee is set to Appraisal Report Fee
The rate is $545, which is the amount I entered on the new appraisal form (see previous screenshot)
Quantity is 1
This fee is assigned to Brenda Black
Commission is automatically set to 25% of the fee amount (this information is entered on the details page for each user)
If Brenda had already been paid, I could use the "Appraiser Paid On" field to enter the date she was paid on
Bill Client is set to "Yes" by default; this means that the client will be invoiced for this fee
Create Fee from Appraisal Details Page
To add a new fee to an existing order in Anow, go to the details page and click Add Fee under the Fees & Costs section (on the right side of the screen).
Clicking "Add Fee" will open up a new fee form where you can enter all the important fee information including:
The description of the fee
The rate or dollar amount
The quantity, which is set to "1" by default
Appraiser assigned to the fee
Appraiser commission % or flat fee amount
Appraiser Paid On date
Do you want to bill the client for this fee?
Click "Save" and the Report Fee and Appraiser Fee amounts will update accordingly.
Edit Existing Fees
If you need to edit a fee on an existing order, click the line item in the Fees & Costs section to reveal the full details.
For this example, I'll update the fee amount from $375 to $400, and change Brenda's commission % on this particular fee from 25% to 22%. Click save when you're done making changes to update the fee totals.
If you have any other questions about using the Fees & Costs section please contact our support team!