Glossary

The glossary is an ongoing process, not all the terms will be found on this page.

• Contract Class Price/Item - displays the price for the Contract Class or Contract Item.

• Contract Class/Item Tax - displays the amount of each tax for each Contract Class or Contract Item.

• Contract Class Total Includes Tax - displays the price of the Contract Class or Contract Item including the tax amount.  

• Tax Type - displays the type of tax used in a single contract.  Canadian tax type includes: GST, HST, PST.  United States tax type uses the Misc. Tax type.  

• Contract Total Tax (GST, PST, HST, Misc.)  - displays the Total of all the types of taxes - the types and the totals.

• Gross Tuition Fee –  It is the original tuition of the class.  It is the number for the tuition of the class WITHOUT any other fees or discounts included.

• Class Costs includes fees not Material – is the class tuition includes other fees such as lab fee, insurance fee, building fee, book fee, etc. but does NOT include material fees.

• Class Costs & Material Fees – is the total sum of the two fields Class Costs includes fees not Material Fee.

• Material Fees Collected in Advanced – This field is a yes/no indicator.  When the indicator is No = The Class Receipt field will NOT include material fees in the total. When the indicator is Yes = The Class Receipt field will include material fees in the total.

• Class Registration Payment – Class Registration Payment is the sum of all fees collected (Net of Discount) minus promotions, minus discounts, and minus miscellaneous credits.  

• Admin Fee – LERN’s recommends 30% for Admin costs.  

• Community Ed. Proceeds – is Class Receipts minus recorded instructor Pay.

• Lifetime Net Registration Payments - Sum of all registration payments minus the sum of all refunds for a company.

• Registration/Refund Cost - Amount of a particular registration.