Home > Time Charters > Time Charter Commissions
On a Time Charter, you can view and create Time Charter Commission Payments.
TC Commission Payment
The TC Commission Payment form lists Time Charter Commission Invoices.
Do one of the following:
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On the Time Charter In or Time Charter Out, click Commission and then click TC In Commission or TC Out Commission.
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On the Operations menu
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To view a Time Charter Commission Payment, select a Vessel from the selection list.
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To create a new Time Charter Commission Payment, click +.
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To view previous Time Charter Commission Payments, right-click a line and then click Details.
Time Charter Commission Payment
The Time Charter Commission Payment form is used to enter details from an invoice received from a broker for a Time Charter In payment. It verifies that the information is correct and consistent with the commission structure established in the Time Charter and allows you to record payment.
To make a payment, do one of the following:
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On the TC Commission Payment form, click +.
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Create the invoice in Financials, on the Time Charter Invoice List.
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Any existing payments appear.
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Select the C check box on each detail line to pay those commissions.
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To select or clear all lines, use the buttons at the bottom of the list.
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You can issue a By Period payment after a regular Commission Payment.
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The commission amount is derived from the commission rate set in the contract.
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Items unselected while issuing a By Period payment will still be available to be included in a future payment
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