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Home > Chartering > Profit Share

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Data entered in this form in the Estimate flows to the Voyage Fixture when fixed, and to the Voyage when scheduled.

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On a Profit Share form line item, do the following:

  1. Set Type to Stepped Rate.

  2. Right-click the line item and then click Stepped Rate Table.

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  2. Enter P&L Amount ranges, in order of lowest to highest, with Percentage rates. Profit sharing is calculated as the sum of P&L Amounts in each range.
    Examples: When the Voyage P&L = −$1,500, profit sharing = (−$500 × 0.01) + (−$1,000 × 0.02). When the Voyage P&L = $1,500, profit sharing = ($1,000 × 0.02) + ($500 × 0.01).

    • The profit sharing rate is 0.00 for P&L Amounts below the lowest value entered.

    • The profit sharing rate entered for the highest P&L Amount applies to all profit equal to or greater than that amount.

    • When P&L Amount Per Day is selected, the value entered in the P&L Amount column is compared to the average daily voyage P&L amount, rather than to the total voyage P&L amount, to determine the profit share percentage that applies.

Voyage Profit Share in Monthly Closing Accruals

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