A mechanism where the earnings are a fixed percentage of turnover and this percentage is independent of turnover.
A deal for which the earnings are 5% of turnover, irrespective of the level of that turnover.
Within DealTrack, you will be required to enter a rate for the deal and select at least one dimension item for each of your dimensions.
DealTrack will select matching turnover lines for the deal, based on:
The supplier to which the deal belongs.
Your dimension item selections.
The start and end date of the deal.
The currency of the parent scheme.
To calculate an earnings result for the deal as a whole, DealTrack will multiply the user-entered percentage rate by the total across the matching turnover lines for turnover value.
To calculate an earnings result for a matching turnover line, DealTrack will multiply the user-entered percentage rate by the entry for turnover value that applies to the turnover line.
You will be able (but not required) to use the ‘Mechanism details’ area of the deal configuration page to:
Enter a value in the Discount % box.
Select one or more deals as deduction.
For a deal that uses the Fixed percentage rate plug-in, the discount percentage is set to null by default to indicate that there is no (i.e. zero %) discount percentage.
You will have the option of taking no action to accept the default null value for Discount % or typing a numeric value (to a maximum of 3 decimal places) to specify a discount percentage.
Please note — you should enter the percentage value, e.g. 2.5 as opposed to 0.025 for a 2.5% discount.
The expected scenario is one where a user enters a positive percentage (e.g. 2.5) to reduce the qualifying turnover, although the user may enter a negative percentage to inflate the relevant turnover. You will not be allowed to enter a percentage that is greater than 100% or less than -100%.
When a non-zero value is entered into the Discount % box, a Discount deducted from setting will become visible (see ‘Deductions’ section below for further information).
For a deal that uses the Fixed percentage rate plug-in:
The Discount deducted from entry will be set to (and fixed as) ‘Earning turnover’.
DealTrack will apply the percentage rate to turnover that is net of the discount percentage to calculate the earnings (for the deal as a whole and for each of the included turnover lines).
When using the Fixed percentage rate plug-in, it is possible to create ‘Strung Rebates’ in which you can define one or more deduction deals to be applied to the turnover first.
When deals have been selected for deduction, DealTrack will calculate the earnings for the current deal by first subtracting the combined earnings of the selected deduction deals from each of the included turnover lines to derive adjusted turnover values.
DealTrack will then use the adjusted turnover values to calculate a deal earnings result for the current deal.
For example, if the turnover is £100, it could be that the incentive rebate earns 10% (so £10) and the advertising rebate 1% is calculated on the resulting £90 instead of the full £100. Resulting in total rebate earnings of £10.90 rather than £11.
Please note — for a deal where one or more deals have been selected for the Deductions setting and a non-zero discount percentage has been entered, the discount percentage is applied first. That is, the relevant percentage discounts are applied before the earnings from the deductions deal(s) are subtracted.