Sharing Broker Commissions with Internal Counterparties

When configuration flags CFGEnableCommissionSharing and CFGEnableMultiRoleOnAddressBook are enabled, for Cargo and VC In contracts, you can share % Type commissions with internal brokers.

Creating Internal Brokers

Internal brokers are Address Book companies that are both Type W and B and have the Internal check box selected.

You can share commissions with Primary and Secondary Brokers:

• Primary Broker: An internal broker listed on a contract and paid by the same counterparty as an external broker on the contract. Primary Broker commissions directly impact contract financials in the same way that external broker commissions do.
• Secondary Broker: An internal broker listed on a contract and paid a commission share by another internal broker listed on the contract (Broker on the Cargo or VC In Broker grid). Commissions distributions to secondary brokers have no impact on contract financials.

Sharing Commissions

On the Cargo and VC In Broker grids, a new Internal Counterparty column appears to help you set up commission sharing.

• Broker: Select a Primary Broker.
• Internal Counterparty: Either select a Secondary Broker or leave the column blank.