Setting a minimum PMC commission amount in your business model

Set a minimum PMC commission in the business model to ensure that you never earn less than a specific amount per reservation. If the calculated percentage commission exceeds the minimum, you always receive the higher amount.

For example:

• Net rental income: $1,000
• Commission percentage (15%): $150
• Minimum commission: $200
• Your commission is $200 based on the minimum set amount, instead of $150 calculated by percentage.

If a reservation changes and net rental income adjusts, the minimum commission setting is checked again and the commission is updated if needed.

Notes and limitations

• The minimum commission fixed amount uses your account's default currency. You cannot set the minimum in a different currency.
• Minimum commission is calculated net. If you configure VAT or GST tax on the PMC commission, it's charged on top of the minimum commission amount.
• To apply the minimum commission retroactively, reprocess existing reservations.

Set minimum commission in a business model

Step by step:

1. Sign in to your Guesty account.
2. In the top navigation bar, click the mode selector and select Accounting mode.
3. Click Business models.
4. Click an existing business model, or click Add business model at the top right.
5. To the right of "Minimum commission", click Set minimum commission.
6. In the pop-up, enter a flat amount for the minimum commission amount.
7. Click Save.
8. If you're creating a new business model, fill in the rest of the fields. 
9. At the top right, click Create business model, or Save and update.