### Financial settings

##### To change the financial settings go to the “Admin panel/ Settings/ Financial/ Basic tab
Let's review the available settings:
Default commission rate: The default commission rate for the system will be calculated according to this value. For example, if you set 20% as this value when a purchase made by a student, 80% of the amount will be charged for the instructor and 20% will be charged for the system.
Tax: This value will be added to each purchase. If you want to add TAX to each purchase, you should fill this field.