How to make money with Theme?
Last updated
Last updated
System Fee: Customers pay a small fee to the site owner for per transaction successful.
Package Fee: The vendor (event organisers) pay fee for registering package, so the vendor can submit event and use many other features.
Commission: The vendor (event organiser) have to pay percent sales for per transaction successful.
Advertisement: The vendor (event organisers) pay manually fee to dipslay their event like Featured.
The admin can setup in Events >> Settings >> Tax & Profit
The admin setup Fee Package when create package in backend
The vendor register package. if the package limit time, the vendor have to renew package to create event.
Setup Tax if your country required.
Setup Fee per Transaction that the Vendor have to pay to Admin. You have to setup this in package.
The admin will see all amount in manage booking
Total before tax: included Total + System Fee ($45+$85+$2)
Total After Tax: included Total before + Tax (10% of $113 without system fee )
Commission: The admin get for this booking (without system fee).
Commission = (fee_percent_paid_ticket * (total_before_tax - system fee ) )/100 + (number_ticket_paid*fee_default_paid_ticket) + (fee_default_free_ticket*number_ticket_free) + system fee.
Commission = ( 5*(132-2) )/100 + (2*2.99)+2 = 6.6+5.98+2 = 14.48
Profit: The vendor received for this booking.
If the Verdor will do tax payment procedures with the tax authority:
Profit = Total after tax - System_fee - Commission
If the Admin will do tax payment procedures with the tax authority:
Profit = Total before tax - System_fee - Commission