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| help:IMOS Documentation |
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| help:IMOS Documentation |
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The pool management Company may charge Participants for management fees/commissions. To incorporate Pooling Management Fees into your workflow, make sure configuration flag CFGPoolCommByAccount is enabled and then do the following:
- Set Up Pooling Management Fee Accounts
- Assign Pooling Management Fee by Vessel
- Run Pooling Distribution
Set Up Pooling Management Fee Accounts
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- For vessel MV AKTAIA, the Mgt Fee is $4,778.84, which is the Income AP $477,884.39 * 1%.
- For vessel MV BELISAMA, the Mgt Fee is $2,741.32, which is $100 USD/day * 27.4132 days, because the first voyage of the vessel commenced on January 4, 2017, at 22:05, so the On-Hire days for the month equal 27.4132 days.
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title | Related Configuration Flags |
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Name/Flag | Description |
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Pool Comm by Account CFGPoolCommByAccount | When enabled, Pooling Management Fee and owner's commission calculation will be based on the amount in the accounts with Mgt selected in the Chart of Accounts. | Use Itemized Commission Rate CFGUseItemizedCommissionRate | Enables setting multiple Commission rates for different Pool Vessels and adds Mgt Fee % and Mgt Fee/Day columns to the Pools and Pool Assignment forms. | Distribute Pool Comm CFGDistributePoolComm | Calculates the Pooling Commission based on the Gross IncomeWhen enabled, the pool management fee is calculated as a percentage of gross revenues and distributed in the same way as the pool result. When disabled, the pool management fee is calculated as a percentage of the vessel's net income after pooling. |
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