Commissions

Commissions

You can define commissions on the Location level when you create the location record or at a later moment when you edit location.

The system supports five different commission types:

Commissions
  • % of Gross Sales

    Commissions - % Gross Sales
    Enter commission rate (0-100). The commission is calculated as percentage of Gross sales, where Gross sales = Sum of (Sold Qty * Vend Price).

  • % of Gross Profit

    Commissions - % Gross Profit
    Enter commission rate (0-100). The commission is calculated as percentage of Gross Profit, where Gross Profit = Gross Sales - COGS, or in other words Gross Profit = Sum of (Sold Qty * Vend Price) - Sum of (Sold Qty * Avg Cost).

  • % Cash Collected

    Commissions - % Cash Collected
    Enter commission rate (0-100). The commission is calculated as percentage of collected cash from the machine.

  • Monthly

    Commissions - Monthly
    Enter fixed amount that will be paid for each machine once a month.

  • Per Item Sold

    Commissions - Per Item Sold
    Enter amount that will be multiplied by the number of items sold by the machine.

  • None - no commissions are paid.