You can configure splits for income, expenses, or both with a merchant or group by setting up profit sharing. Profit sharing splits any income or expense between entities. This article describes how to set up a profit share for a group and an individual merchant.
Set Up a Profit Share for a Group of Merchants
To set up a profit share for a group of merchants:
Click GROUPS in the left navigation panel to open the Groups page.
Locate the group in the table and select any information in the table row to open the Group Profile page.
Click PROFIT SHARES in the list of tabs on the left side of the page.
Click the ADD PROFIT SHARE button in the upper-right corner of the page to open the Add a Profit Share dialog on the page.
Select the type of profit share from the Type dropdown menu. Choose from the following:
Income
Expense
Both
Enter a percentage amount in the Amount field.
(Optional) Enter a name for the new profit share in the Name field.
Select the user ID for the profit-sharing entity from the Login dropdown menu. This is the user ID that is used by the profit-sharing entity to log in to the portal.
(Optional) Enter a description of the new profit share in the Description field.
Click ADD to save the new profit share.
The new profit share is active and visible in the group profile Profit Shares tab. The profit share automatically triggers with the activity of the associated merchants.
Set Up a Profit Share for an Individual Merchant
To set up a profit share for an individual merchant:
Click MERCHANTS in the left navigation panel to open the Merchants page.
Locate the merchant in the table and select any information in the table row to open the Merchant Profile page.
Click PROFIT SHARES in the list of tabs on the left side of the page.
Click the ADD PROFIT SHARE button in the upper-right corner of the page to open the Add a Profit Share dialog on the page.
Select the type of profit share from the Type dropdown menu. Choose from the following:
Income
Expense
Both
Enter a percentage amount in the Amount field.
(Optional) Enter a name for the new profit share in the Name field.
Select the user ID for the profit-sharing entity from the Login dropdown menu. This is the user ID that is used by the profit-sharing entity to log in to the portal.
(Optional) Enter a description of the new profit share in the Description field.
Click ADD to save the new profit share.
The new profit share is active and visible in the Merchant Profile Profit Shares tab. The profit share automatically triggers with the activity of the associated merchant.