VRTrust now supports inception-based start periods for fees, commissions, and listing ownerships. This allows relationships and fee structures to begin from inception without requiring an arbitrary start date.
Who This Applies To: This article is intended for VRTrust users configuring listing fees, commissions, and ownership periods.
Configure Fee and Commission Start Periods
To configure fee inception periods:
Navigate to Fees and Commissions
Open a listing where fees are assigned
When applying a fee template to a listing, VRTrust now supports inception periods for fee start dates.
Apply a Fee from Inception
Instead of selecting a specific beginning date:
Leave the fee configured as Inception
Save the fee assignment
The fee period will display as:
Beginning from inception
Continuing through an open-ended end date
This allows the fee to remain active indefinitely without requiring additional date management.
Update Fee Dates Later if Needed
If needed, fee periods can still be updated later.
For example:
Add an end date to stop the fee on a specific date
Add a beginning date if the fee should only apply during a defined period
Configure Listing Ownership Periods
VRTrust now supports the same inception workflow for listing ownerships.
To configure ownership periods:
Navigate to Listings
Open the desired listing
Select Add Ownership
Choose the owner
Save the ownership relationship
By default, the ownership period will appear as:
Inception through an open-ended end date
Update Ownership Dates if Needed
Ownership dates can also be updated later if a specific start or end date becomes necessary.
Why Use Inception Periods
This workflow simplifies setup for fee structures and ownership relationships intended to apply indefinitely from the beginning of the listing relationship.
This can help reduce:
Manual date management
Unnecessary setup steps
Temporary placeholder dates