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Load the account that contains the contract
Go to the Account / Profile / Contracts screen
Select an existing account contract and click on the Termination tab
On the Termination Tab select the Transaction Service and optionally enter a Transaction Description
Click the Add Termination Penalty action button on the right to add the Early Termination Penalties
On the pop-up Add Termination Penalty window, enter the Early Termination Penalties details (Frequency, Period, Flat Fee. etc.). In the image shown below the an early contact termination fees will apply fee of $20 has been setup to be applied if the contract is canceled within the first six months of the contract period. A flat fee of $20 will be charged per each month that is applicable (e.g. if the contract is canceled in November then a $20 fee will be applied to the account in November and each month thereafter until May is reached and the early termination period has passed). In this configuration the maximum total termination penalty that is applicable is $120.
Click Add to add the termination penalty
Click Save to save the termination penalty to the account contract
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In the image below an Early Termination Penalty of $20.00 is shown in the list of transactions applied to the invoice. These fees will persist as billing is performed until the termination penalty period configured is completed.
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