What are "available credits"? 🤔
To better understand what this term means, let me explain the three types of credit that appear in the document we send when reviewing your company’s credits:
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Assigned Credit:
This is the total amount that Fundae assigns to your company for employee training. (If you’re curious, you can see how it’s calculated in this article 😉). -
Used Credit:
This is the money your company has already used for training during the year. This is where Fundae comes into play: a course becomes "used credit" only when it has been officially completed in Fundae, and we have submitted all necessary documentation. 💼 -
Available Credit:
This is the difference between assigned credit and used credit. In other words, it’s the money you still have available for training. 🛠️
📢 Something important about available credit:
When we talk about “available credit,” it’s key to keep in mind that this data can change. Why? Because the credit only becomes "used" once a course is finalized in Fundae, not just when it’s completed by the students.
Our recommendation:
When reviewing available credit, remember that this data will be accurate only if you don’t have any trainings pending finalization in Fundae.
💡 Do you have any doubts?
No worries! Talk to your Twenix contact person, and we’ll help resolve all your questions. We’ll make it easy together! 🙌