Freight Forwarder Commission

 

ISIS can automatically generate the freight forwarder commission, also known as the brokerage commission. You can select as many charges as desired to be commissionable. There are certain settings and certain requirements that the program looks at, as follows:

 

1.      Freight Forwarder commission has to exist in the standard charges\concept table with a number above 999, in other words, a four digit number     

2.      This number has to coincide with the number in the traffic setup for this concept

3.      In the payable table, make sure you select the charges that are going to be commissionable, by setting Y right under the Broker commission column.

4.      In the rating default table make an entry for this concept, with the percentage that is going to be paid. Make sure the record type is G, that it has a port of loading and that the rating type is % of freight. The commission is supposed to be paid only in the ports of USA so typically the rating default is going to include a specific port of load, PEV, JAX, etc

5.      .N/A for loose cargo and CONT for any container type

 

 

There is a broker commission, which also gets generated if a reference is assigned to the broker field in the forwarder field in the bill of lading. If this is the case and the systraf table has the same forwarder commission concept under the corresponding field, then the system will generate a double commission, one to the forwarder and one for the broker.