In some cases, reservation commissions applied to the owners may vary, with different commission structures for each channel or OTA.
CiiRUS has the flexibility to accommodate diverse commission models for each channel. So, when a booking is made through a specific channel, the system will automatically apply the commission rate configured for that channel. This commission will be deducted from the owner's payout and can be detailed on the owner's statement for a transparent breakdown.
For instance, the owner statement may include an itemized PMC Commission as one debit line item and a separate debit line item for the Channel Commission.
Configuring Commissions Per Channel / OTA
Go to Global Settings > Settings Assistant > Reservation & Fees Setup > Reservation Sources
Within the grid, search for the OTA / Channel
Scroll to the right to enable 'Override Global Commission Setting'
In the 'Default Commission' field, input the overall commission amount, which includes both the commission owed to the channel and the commission owed to you as the PMC.
In 'Channel Partner Commission %', only input the commission owed to that specific channel
In the provided example below, the Default Commission is set at 25%, and the total channel commission is 3%. Consequently, 22% of the commission is designated for the PMC, while the remaining 3% is allocated to that specific channel. This is the commission structure that the system will automatically apply to reservations originating from this channel, and it can be itemized on the owner's statement during the End of Month Process.
Itemizing Channel Commissions to Owner Accounts
Go to Accounting > End of Month Process > Credit Rental Income
After the above configuration is finished for each channel, the system will automatically apply the designated commission structure to reservations, and it can be itemized on the Owner Accounts.
To itemize the channel commission, follow the standard steps for processing Credit Rental Income, with just a few additional and straightforward steps:
Ensure the PMC Commission and 3rd Party Commission is correctly calculated and applied to the relevant reservations
Enable 'Itemize PMC Commission in the amount account'
Complete the process by clicking 'Process Selected'
Once the commission has been processed, it cannot be reversed. If there are changes to the commissions after processing, you will need to manually adjust them directly on the owner statement(s).
Here is an example of how the commission will appear on the owner statements:
