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Are you familiar with exemptions and how to perform exemptions?

Do you need to remove any fee or expense items from the payee profit bucket?

“Elavon Misc Exemptions” allow you to exclude specific Expense items from the payee’s profit bucket. Use the Misc. Expense file to view expense items, learn their names and the amount of the expense. When you find items you do not want in the payee profit bucket use the item’s name to create an exemption. When an exemption is added it is like a rule that is applied to each commission run as long as it is not removed from the system.

A "Main" Division Office Staff user with Admin access and the Commission option checked “Yes”

To view/create Elavon Misc. Exemptions click the Administrator tab, then click the Finance tab, and then click Exemptions.

Instructions

Log in to PulsePoint. Click the Administrator tab, then click the Finance tab, and then click Exemptions. Click the Elavon Misc. Exemptions tab then click the Create button. Provide an Exemption Description. Enter the Expense item in If Item Equals to populate the menu then select the expense item in the menu. “If Item Equals” and “Advanced Options” should only be used in special cases and it is suggested if used to thoroughly review the results to ensure accuracy.
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Exemptions can be a tricky thing to understand. This portion of the article will drill down into the nitty gritty and hopefully provide greater insight about exempting items found in the expense report.
Let us start with the basics. What happens when I exempt an expense item? First let’s clarify what the items can be exempted. In the expense file there are both expenses and credits.

When you exempt an expense you are going to increase the payee profit bucket by the amount of the expense.

If you exempt a credit that is in the expense file you are removing the amount from the payee profit bucket effectively reducing the amount of the payee profit bucket.
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Select the country the exemption will apply (multi-country only)

Provide a description for the exemption

Type the Expense item’s name to populate the menu, and then select the item in the menu to apply

Only use the Exempt Item if the amount equals this amount

The percentage of the item’s amount to be exempt

Advanced options are only to be used when necessary.

Only use to add an additional Expense Item to narrow the exemption to include only merchants with both Expense items in the same billing period

Enter a fee item and have the fee amount subtracted from the expense item amount

Negate the exemption amount. Can be used to mark-up expense cost to payees
IE: $-5 debit would become a $5 credit

Does nothing at this time

Apply exemption to all entities by leaving this blank or choose entities that exemption will apply

Add fee items to Fee Exemptions to modify the payee profit bucket.
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Log in to PulsePoint. Click the Administrator tab, then click the Finance tab, and then click Exemptions. Click the Fee Exemptions tab then click the Create button. Provide an Exemption Description. Enter the Fee item in the Fee* field to populate the menu then select the fee item in the menu. You will need to locate the "Charge Type" code from the fee file to accurately target the fee item and enter it into the "Charge Type" field. The Entities field is optional and is used to apply the fee exemption to only the entities listed. Otherwise the exemption applies to all entities.
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Select the country the exemption will apply (multi-country only)

Provide a description for the exemption

Type the Fee item’s name to populate the menu, and then select the item in the menu to apply

Add the charge type code associated with the fee

The percentage of the item’s amount to be exempt

Apply exemption to all entities by leaving this blank or choose entities that exemption will apply.