====== Final Value Fees ======

Final Value Fees only apply to items sold on-line and are charged on a graduated scale. Final Value Fees are often used to simulate eBay's fees so they may be passed on to consignors, although different schemes may certainly be implemented.

Note that Final Value Fees are based on the actual selling price. These fees are only assessed once an item sells online. These fees will appear in the consignor's Transaction History. Each Price Code can have its own Final Value Fee formula (different Final Value Fee schemes can be created for use with different Price Codes).

===== Creating Final Value Fee Types =====

  - Within the Inventory Module select **Setup > Price Codes > Final Value Fee Types**. \\ {{libertyreact:lib:newitem846.png|NewItem846.png}} \\ The Final Value Fee Types dialog box will appear. \\ {{libertyreact:lib:newitem845.png|NewItem845.png}}
  - Selecting the **Add** button or the **Edit** button will open the details of Final Value Fee. Selecting the **Delete** button will delete the Final Value Fee. \\ Note: Once a Payment Type has been used, it cannot be deleted. \\ The Final Value Fee Details Screen. \\ {{libertyreact:lib:newitem844.png|NewItem844.png}}
    * **Description** : Enter the **Description** of the Final Value Fee. \\ {{libertyreact:lib:newitem843.png|NewItem843.png}}
    * **Minimum Fee** : Enter in a minimum fee value if you want the Final Value Fee to charge this amount no matter how low the price is. \\ {{libertyreact:lib:newitem842.png|NewItem842.png}}
    * **Maximum Fee** : This is the Max value the Final Value fee will charge no matter how high the price is for the item. \\ {{libertyreact:lib:newitem841.png|NewItem841.png}}
    * **Add** button : Select the **Add** button to create a new Final Value Fee Rule.
    * **Edit** button : Select the **Edit** button to **Edit** an existing Final Value Fee Rule.
    * **Delete** button : Select the **Delete** button to remove a Final Value Fee Rule.
    * For Selling Prices Up To %%__%%_ : Enter in a dollar value for this field. Items that are lower then and up to this price will be charged the appropriate Percentage amount. \\ {{libertyreact:lib:newitem840.png|NewItem840.png}}
    * **Add A Fee Of**: This is the percent value that will be charged to item under and up to the amount in the For Selling Prices Up To field. \\ {{libertyreact:lib:newitem839.png|NewItem839.png}}
  - Press the **OK** button when done.

{{libertyreact:lib:newitem838.png|NewItem838.png}}

You will see your new Final Value Fee Rule in the list.

{{libertyreact:lib:newitem837.png|NewItem837.png}}

===== Optional =====

You will notice Liberty will create an automatic second rule. If an Item goes over the value you specified in the first rule, the second rule, by default will apply those value.

  - If you want to change the values for the second rule, highlight it and select the **Edit** button. \\ {{libertyreact:lib:newitem836.png|NewItem836.png}}
  - Modify the details of the Second Rule and Press the **OK** button when done. \\ {{libertyreact:lib:newitem835.png|NewItem835.png}} \\ {{libertyreact:lib:newitem834.png|NewItem834.png}}
  - Press the **OK** button when done. \\ {{libertyreact:lib:newitem833.png|NewItem833.png}}
  - You will see your new Final Value fee type in the list. \\ {{libertyreact:lib:newitem832.png|NewItem832.png}}
  - Select the **OK** button when done. \\ {{libertyreact:lib:newitem831.png|NewItem831.png}}
==== Next Article In Section ====

Click the following link to move to the next article in this section: \\ [[:setup:optionalsetupsteps:pricecodes1:itemprocessingfee|Item Processing Fee]]

==== Related Topics ====

[[setup:optionalsetupsteps:pricecodes1:finalvaluefees]]
[[updateenhancements:5_1:5_1listingmanager:truncatesurcharge]]
[[setup:requiredsetupsteps:inventorymodule:pricecodes:pricecodesoverview]]
[[setup:optionalsetupsteps:pricecodes1:expiregroups1]]
[[setup:optionalsetupsteps:pricecodes1:itemprocessingfee]]
[[setup:optionalsetupsteps:pricecodes1:pickupandexpire]]
[[setup:optionalsetupsteps:pricecodes1:saledeductions]]
[[setup:optionalsetupsteps:pricecodes1:variableandgradrates]]
[[setup:optionalsetupsteps:email:settingupemailsettings]]
[[setup:optionalsetupsteps:general:defaultweightcat]]
[[setup:optionalsetupsteps:general:definecustomnames]]