Admin Earnings is where an admin can track any fees they earn from managing savings groups.
Some savings groups are free, meaning the admin does not charge a fee.
Other savings groups have an admin fee. This fee can be set as a percentage, so the admin earns a small cut each time a member receives their payout.
Example:
If your savings group uses a 2% admin fee, and a member's payout is $3,000, the admin fee is $60. The member receives $2,940, and $60 is recorded as the admin's earnings for that payout.
If you manage multiple savings groups, Admin Earnings helps you see everything in one place, so you can track:
1. Total earnings across all savings groups
2. Earnings from each savings group
3. Earnings for the current month
4. Your most recent payout or earning activity
This section is simply a tracker, it shows what you earned from your savings groups based on the admin fee rules you set for each savings group.
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