Detailed reports

[ckaus]

Hi,

I love the pretty charts, but we’re having issues explaining how the admin fees were calculated and if we’re having trouble, certainly the vendors would have a difficult time.

What exactly does “admin fees” include?

[WCFM Forum]

Hi,

Suppose you have set commission setting – 10 percent for Admin – https://ibb.co/3zQLH9J

A vendor’s product cost is – $100

Now, when this product is sold out Admin will get – 100 x 10% = $10, now this is Admin Fee

Thank You

[ckaus]

I think for transparency purposes, the vendor ledger should be way more detailed, especially if the admin is collecting shipping fees, plus commission and tax.

Having it set only as “admin fees” opens up a lot of questions about how the commission was calculated.

It should break down the fees by each product or provide an option to review the entire transaction from gross to net.

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[ckaus]

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[WCFM Forum]

Product Cost – $30
Product Tax – 13% – $3.9
Total = $30 + $3.9 = $33.9

Admin Commission – 7%, so Vendor commission – 93%

Tax Goes to Vendor – as per commission setting.

Do vendor commission for this – $30×93% = $27.9 + $3.9 (Tax) = $31.8

As per Commission Setting – Tax deduct on Vendor’s commission 13% = $31.8 x 13% = $4.13 
So, vendor’s final commission – $31.8 – $4.13 = $27.67

Now, final Admin Commission = $33.9 – $27.67 = $6.23

[Author]

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