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You can also access the Profit Share form on one of the following menus:
- On the IMOS - Voyage Estimate or IMOS - Voyage Fixture menu, click Profit Share.
- On the Voyage Manager, click
and then click Profit Share.
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The Voyage Manager P&L tab includes Profit Sharing (including voyage and time charter) and Net Voy Profit total rows, as well as Net Daily Profit (Loss) as a result of profit sharing, in the Estimated and Actual columns. When a IMOS - Profit Share Distribution is created, the corresponding amounts appear in the Posted column.
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- Set Type to Stepped Rate.
- Right-click the line item and then click Stepped Rate Table.
- 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.
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