Follow the steps below to set a minimum PMC commission amount in a new or existing business model. See full details on creating a business model.
By setting a minimum commission, you can ensure that you don’t make under a certain amount per reservation. If the percentage commission is more than the minimum you will receive the higher amount.
For example:
- Net rental income: $1,000
- Commission percentage (15%): $150
- Minimum commission: $200
- Your commission will be $200 based on the minimum set amount, instead of $150 based on the percentage calculation.
If the net rental income is adjusted due to a reservation change, the minimum commission amount setting will be checked again, and the commission updated if needed.
Important:
The minimum commission fixed amount is based on your account default currency and can’t be changed to a different currency.
In order to apply the minimum commission retroactively you must reprocess existing reservations.
Set minimum commission in a business model
Step by step:
- Sign in to your Guesty account.
- In the top navigation bar, click the mode selector and select Accounting mode.
- Click Business models.
- Click on an existing business model, or at the top right click Add business model.
- To the right of "Minimum commission", click Set minimum commission.
- In the pop-up, enter a flat amount for the minimum commission amount.
- Click Save.
- If you're creating a new business model, fill in the rest of the fields.
- At the top right, click Create business model, or Save and update.
