To properly configure your agency, you need to set up a commission rule that you will then associate with the property owners' profiles. Go to the Owners > Commission Rules section.
If you have already created rules, you will find them listed in the table. To create a new rule, click the + Add New button.
Enter the name of the commission rule you want to configure and determine the details of your commission in the following settings.
In the Agency Commission Calculation section, you need to specify all the values useful for calculating your commission amount.
Set a fixed value or percentage and indicate all items that should be included in the calculation:
VAT
Cleaning fees: To properly configure cleaning expenses in the properties you manage, consult our guide.
Channel commission
You can add custom values to include in calculating your commission value by clicking on the orange + button. Custom values can have both negative and positive amounts.
You can also decide whether to add VAT on commissions.
The VAT that will be added will be the one in effect in the agency's country.
Example: If the agency is located in Italy, 22% VAT will be added.
If needed, you can enter any custom values.
In the Payment/Collection Statement Items section, you can set the parameters related to issuing payment Slips.
Choose who will handle collecting bookings between the property manager (agency) and the owner, and whether to include cleaning fees, extras, and portal commission, and in what way.
In the Generation of reservation documents section, you can decide whether to activate the double invoicing function. This feature is useful if you want to issue tax documents directly on behalf of your owners.
Once you have completed setting up your Octoblu commission rules and owners, you will see the following items appear in your booking details:
Agency commission: This is the commission amount calculated based on the parameters entered in the "Agency Commission Calculation" section.
Costs collected by the agency: Indicates the amounts that the agency is responsible for collecting, based on what is defined in the "items of the payment/collection slip" section.
Custom values: Custom values not included in the commission value, defined in the "custom values" field at the top right of the commission rule page
Amount for the owner: How much is the owner entitled to for this reservation?
Click HERE to read the general article.
---
Talk to you soon!
🐙