Setting up owner split percentages enables accurate reporting when creating vehicle owner payout reports. And it helps you to keep track of how much to write a check for.
Consigned owner split settings are found in two places
In Account settings, where they apply fleet wide, to all vehicles.
In the vehicle owner tab of vehicle settings. This will apply to just this vehicle only.
Setting up split percentages
- Go to Account Settings
- Then Consigned Owners tab
- Enter the values
Fig1 Consigned owner tab showing Rental Split, Mileage Split, Generator Split, Add-on Fee Split, credit card processing fees, and the Wheelbase fee fields
For Rental Split, Mileage Split, Generator Split, and Add-on Fee Split enter the percentage of the revenue from that source, that is going to be paid to the vehicle's owner.
Pictured above 40% of the rental revenue is going to the owner, 60% of the mileage fee revenue, 30% of the generator fee and 20% of the Add-ons fee revenue is going to the owner.
You also have the ability to split the cost of the credit card processing fees, and the Wheelbase fee (your lead fee for Outdoorsy bookings), with the owner of the unit.
The value entered in those fields is the percentage of the fees associated with that reservation that you want the owner to pay for.
The portion of fees you have set for the owner to pay will calculate as a deduction in the consigned owner payout. It will show all the money they should receive minus the fees they should pay.
In the example above, the owner of the vehicle would be responsible for 50% of the credit card fees on reservations in their unit. The owner would not be paying for the lead fee that you would have in case of an Outdoorsy lead.