Bookeasy Help Manual

Returns Summary

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Ø Enter Return Date to view an Operator Returns Summary detailing: Booking Total, Total Commission, and What has been Paid to the Operator.

COMMISSION CALCULATIONS

Ø This is how Commissions are calculated:

Ø Total cost: Total cost of booking

Ø Commission %: Percentage commission of the operator

Ø Commission Due: Total cost x commission percentage (negative if cancelled booking)

Ø Paid: Total already paid to operator

Ø Net Payable to operator: If cancelled then what has already been paid x -1

Otherwise total cost – commission due – what has already been paid.

OPERATOR RETURNS AND GST INFORMATION

Below are 2 examples to demonstrate the difference between an operator that charges GST and an operator that does not charge GST. The VC will ALWAYS charges GST on their commissions as they are registered for GST.

Example 1

In this example the VC charges 10% commission plus GST. The booking total in each case is $110.

If an operator charges GST:

VC Charges Commission 10% x $100 = $10

Charges GST of 10% on $10 = $1

Therefore $11 is charged and $99 is remitted to operator.

Therefore in Bookeasy the commission needs to be stored as 11% in the field provided.

If an operator does not charge GST:

Charges Commission 10% x 110 = $11

Charges GST of 10% on $11 = $1.10

Therefore $12.10 is charged and $97.90 is remitted to the operator.

Therefore in Bookeasy the commission needs to be stored as 12.1% in the field provided.

Example 2

In this example the VC charges 10% commission including GST. The booking total in each case is $110.

If an operator charges GST:

VC Charges Commission 9.09090909% x $100 = $9.090909

Charges GST of 10% on $9.090909 = $0.909090

Therefore $10 is charged and $100 is remitted to operator.

Therefore in Bookeasy the commission needs to be stored as 10% in the field provided.

If an operator does not charge GST:

Charges Commission 9.09090909% x 110 = $9.999999

Charges GST of 10% on $9.999999 = $0.99999

Therefore $11 is charged and $99 is remitted to the operator.

Therefore in Bookeasy the commission needs to be stored as 11% in the field provided.

Example 1: Part payment has been paid

Ø Total cost = 400

Ø Total head paid = 200

Ø Total head cost = 600

Ø Net payable = 400 – 40 = 360 (if totalheadpaid < net payable) then netpayable = total head paid

Ø Commission = 10%

Ø Commission Due = .1 * 400 = 40

Example of Commission Report that is emailed or posted to the operator (Version 2)