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Defining Product Cancellation Fees
Cancellation allows you set a date-based policy for each of the rate structures attached to the product. These fees can be defined as either a percentage or fixed dollar amount and increase over a series of cut-off dates. To define these fees, click on the Define Cancellation Fees from the Define the Product screen task category.
- Highlight the Rate Structure from the Rate Code Details on top.
- Click on the Add Fee button.
- Enter either a Cancellation Amount or Cancellation Percent.
- Enter the Valid From date.
