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When voyage profit is to be shared with a third party, you can indicate amounts from the Voyage P&L to be considered as Profit Sharing or Premium Revenue on the Profit Share form. For Premium Income, if the vessel is a member of a pool, and the pool assignment is specified as Premium, the Premium amounts from the voyage will be distributed among all the Premium vessels in the pool.
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- On the Voyage Estimate or Voyage Fixture menu, click Profit Share.
- On the Voyage Manager, click
and then click Profit Share.
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Data entered in this form in the Voyage Estimate flows to the Voyage Fixture when fixed, and to the Voyage Manager when scheduled.
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 Profit Share Distribution is created, the corresponding amounts appear in the Posted column.
For an IMOS Counterparty with the Internal check box selected on its Address Book entry, a mirrored transaction will be created and automatically posted for that Counterparty. The Business Rule for the mirrored invoice is Source PTSR and Code per the Profit Share codes: PNLSHAREL, PNLSHAREP, PNLSHARER, PNLSHAREW. The mirrored invoice cannot be reversed on its own, but will be reversed automatically if the parent invoice is reversed.
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