It is not uncommon that courses generate additional revenue above general tuition fees that are often not paid by the client. However, these additional revenues may not always be reflected in or desired to be part of the course fees or the client's invoice. The following process demonstrates how to use a Corporate Client record to record additional revenue for a course without altering enrollment numbers or existing client invoices.
How to Record Additional Revenue for a Course Section
- Create a Corporate Client record for the company or organization which is the source of the additional revenue.
- Add an Assignment to the Corporate Client record for the course section. Set the [Enrollment Status] = "Aggregate/Company ". This enrollment status prevents the registration from counting towards the active enrollment count.
- The invoice that will be created will be based on the course section fees. Edit or add to the invoice items to match the additional revenue amount. If this amount changes over time due to additional enrollments, the user can easily add or edit this invoice to adjust for the new amount.
- Record payments towards this invoice for the amount of additional revenue.