Courses often generate additional revenue beyond general tuition fees, which may not be paid by the client. This extra revenue may not always be reflected in course fees or client invoices. The following process outlines how to record additional revenue for a course using a Corporate Client record without altering enrollment numbers or existing client invoices.
How to Record Additional Revenue for a Course Section
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Create a Corporate Client Record
- Set up a Corporate Client record for the company or organization providing the additional revenue.
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Assign the Course Section
- Add an Assignment to the Corporate Client record for the course section.
- Set the Enrollment Status to "Aggregate/Company" to prevent the registration from affecting the active enrollment count.
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Generate and Adjust the Invoice
- The invoice will be based on course section fees.
- Edit or add invoice items to reflect the additional revenue amount.
- If the revenue changes over time due to additional enrollments, update the invoice accordingly.
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Record Payments
- Apply payments to the invoice for the additional revenue amount.
Conclusion
By following this process, you can accurately track additional revenue for a course without impacting enrollment numbers or client invoices. This ensures proper financial recording while maintaining transparency in course-related transactions. For further assistance, refer to related articles or contact support.