'Third Party Commission'
Following improvements have been applied:
'Third Party Commission' introduced to 'Cost & Margin' method of quoting
'Third Party Commission' re-arranged in the Subcharter option
Cost & Margin
Quote based on 'Costs & margin'
'Third Party Commission is now available in the 'Cost & margin' method of quoting.
The major difference is that in the summary section, there are now 5 elements:
Cost - this is the sum of the total costs
Margin - default margin used to calculate the price. Can be manually overwritten
Price without commission - amount for the Client without third party commission. Calculated in a way that required margin is achieved:
Third Party Commission - the amount of commission paid to the third party, e.g. a broker
Total price - the price that is a sum of 'Price without commission' and the 'Third Party Commission'
Additionally, hovering the mouse over each of the calculated amounts will display a tooltip with the cost/price calculated per hour of:
Flight time and,
Subcharter price section
The price breakdown section for Subcharter's has been re-arranged as per below:
Operator price - the amount charged by the operator (subcharter price)
Margin - income margin calculated on top of the Operator price
Third party commission - commission paid to the third-party broker
Due to this update, the way the total price is calculated also changed.
The way the total price is calculated is as follow:
Price = 'Operator price' /(100% - 'Margin'%) + 'Third Party Commission'