The Veson IMOS Platform Documentation Insert excerpt
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 IMOS - Pooling Management Fee#Set Up Pooling Management Fee Accounts
- Assign Pooling Management Fee by Vessel
- Run IMOS - Pooling Management Fee#Run Pooling Distribution
Set Up Pooling Management Fee Accounts
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Assign Pooling Management Fee by Vessel
On the Pool Assignment form, enter Mgt Fee % (percentage of the Income After Pooling) or Mgt Fee/Day (flat daily rate) for each vessel.
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- The percentage is applied on the gross revenue.
- The sum of all results in the pool is the Gross Commission.
- The percentage is applied on the weighted days (Pool Days * Vessel Points), which gives the Commission Weight for that vessel.
- The Pooled Commission is calculated by the Commission Weight applied on the Gross Commission.
- To include off-hire days in the calculation of daily management fees, select OH on the Pools or Pool Assignment form.
Run Pooling Distribution
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