IMOS On-Prem - Freight-Relet Commissions

For broker commissions not deducted from the Freight Invoice (specified at the cargo level), you can create a separate invoice. If a Broker in CP Terms Details is set to Partial (the P check box is selected), it is possible to issue a Commission Invoice based on a partial percentage. Like Freight Invoices, it is possible to issue several Commission Invoices, totaling 100%.

Freight-Relet Commission Summary

To open the Freight-Relet Commission Summary, do one of the following:

On the Voyage Manager, click
and then click Freight Commission.
In the Operations module center
, under Freight/Demurrage, click Commissions and enter the Vessel Name and Voyage Number.

Name/Flag	Description

Name/Flag	Description
Freight Comm Based on Paid Amount CFGFreightCommBasedOnPaidAmount	Bases Freight and Demurrage Commission on the paid amount instead of the actual calculated amount. Prompts to create Commission Invoices upon the payment of the invoice in the Transaction Data Entry, if the adjustments in the invoice are linked to the Cargo. Adds a Deducted from Freight/Demurrage Payment check box to the Commission form. Select it to set the commission amount; the counterparty of the Commission Invoice is set to be the Charterer. Adds a quick search Invoice(s) field below the Broker field to filter the values that appear in the Invoice(s) column in the grid below.
Use Invoice Exch in Actual CFGUseInvExchInActual	Freight Commission in the Actual column of the Voyage Profit and Loss will use the exchange rate from the invoice once it is created instead of always using the exchange rate from the freight contract.
Auto Generate Freight Comms CFGAutoGenerateFreightComms	Note: Requires CFGAutoNumberPayables to also be enabled. When enabled, freight commission invoices will automatically be created when the corresponding freight invoice has been posted.
Auto Number Payables CFGAutoNumberPayables	Automatically assigns an invoice number to AP invoices.