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Mall Commission
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| Up to three mall commission rates (the amount of each item that the mall gets) can be specified:
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| · | a base rate.
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| · | a secondary rate (charged on items sold for more than a specified amount).
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| · | a tertiary rate (charged on items sold for more than a second specified amount).
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| Each rate can be set from 0.0 to 99.9 inclusive. The values are interpreted by the program as percentages (i.e., enter 10% as 10.0 NOT 0.10).
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| The values entered here are used by the reporting routines to compute the mall commission and the amount due the dealer (net-net amount) for each item sold.
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| For example, one could set:
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| · | A base rate of 11%
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| · | A rate of 9.5% for items that sell for $1,000 or more
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| · | A rate of 7.5% for items that sell for $5,000 or more
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The rate is stored with each sales record so if /when the rate is changed, previous sales will have the correct rate.
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The commission is computed on the net amount of each item sold (i.e., selling price * quantity - discount).
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