Power Reporting: Commission Strategies
In this section/tab, you can define how much Commission is to be automatically detracted from all Bookings coming from an (external) Provider/Platform.
If you'd like to automatically detract a certain percentage in your Statements for Bookings coming from a certain Booking Source, this can be set up in this section.
An example can be that the Booking Source/OTA does not communicate their Commissions amount and thus this amount cannot be automatically detracted from the Bookings' Incomes. To make sure your Recipients' Strategies will be applied over the correct amount, you have the possibility to automatically deduct a fixed % from the Bookings' Incomes making sure all calculations are exact.
The Set up is done per Booking element: Rental Price, Fees & Services and Taxes.
Editing the Commission Calculations
- Click on the "View" button for the Commission item
- You can then update the commission strategy or add a new rule
The commission strategy can either be calculated on the final price of the booking, or you can choose to indicate which part of the booking it is taken from, e.g fees & services or taxes:
For instance, you can set a commission based on a particular fee name:
