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Home > Time Charters > Time Charter Commissions

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  • On the Time Charter In or Time Charter Out, click Commission and then click TC In Commission or TC Out Commission.

  • On the Operations menu , under Time Charter In or Time Charter Out, click Commissions.

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  • To view a Time Charter Commission Payment, select a Vessel from the selection list.

  • To create a new Time Charter Commission Payment, click +.

  • To view previous Time Charter Commission Payments, right-click a line and then click Details.

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  • Any existing payments appear.

  • Select the check box on each detail line to pay those commissions.

    • To select or clear all lines, use the buttons at the bottom of the list.

    • You can issue a By Period payment after a regular Commission Payment.

    • The commission amount is derived from the commission rate set in the contract. 

    • Items unselected while issuing a By Period payment will still be available to be included in a future payment

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titleRelated Configuration Flags

Name/Flag

Description

Default TC Comm Payment Method
CFGDefaultTCCommPaymentMethod

Sets a default Payment Method for brokers.

Default Unactual
CFGDefaultUnactual

When enabled, the status of a newly created Bunker, Freight, Equipment, Hire, and Commission invoice is set to Pending by default.