Brokerage Commission Logic
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Created by: Matt Gibson
Modified on: Wed, 1 Jun, 2022 at 12:15 PM
- The production week is grouped by the loads delivery date. All loads delivery within the week selected will be used to determine your grid percentage.
- All loads within a production week will be locked in on the second Monday at 3pm after the production week. For example we will take a snapshot of the loads that deliver between 5/29/2022 and 6/4/2022 on 6/13/2022 at 3pm. The load must be in completed status by this time in order to be eligible for commission. Once the snapshot occurs the loads become available to be paid out but must meet the settlement criteria written below.
- All loads within a production week may not be paid out at the same time. Below is a list of criteria that must be met in order for commission to be paid out.
- The production week of the loads must be snapshotted.
- You must cover your overhead charge for the production week.
- The load must be invoiced within 21 days of delivery date.
Matt is the author of this solution article.
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