To set up an admin fee to charge the full fund balance:
  1. Navigate to Funds > File Maintenance > Fund Code Maintenance : administrative fees
  2. Click New and enter a name for the code
  3. Choose the Frequency on the Main Options 
  4. On the asset radio enter something similar to this:
    • User-added image
    • The Straight percentage would be 400 if this is a quarterly fee, 1200 if a monthly fee.
    • The 10000 thru 29999 represents your first asset account and your last liability.
Typically the problems you encounter have to do with the percentage chosen.  It is important to remember that the straight percentage will be divided by the frequency.  So the Percentage of 1200 will divide by 12 if monthly and 4 if quarterly.