Tern makes it easy to track and manage commissions, ensuring travel advisors and agencies can monitor expected and received payments efficiently. The Commission Settings section allows you to configure default payout dates (with more management settings coming soon).
Setting Up Commission Tracking
1. Default Payout Date
For future bookings, the Default Payout Date, delays payout eligibility to the travel start or end date. Otherwise, the commission received date is used.
How to Set a Default Payout Date
Navigate to Settings → Commission Settings.
Locate the Default Payout Date field.
Choose from:
Travel Start Date: the start date on the booking activity
Travel End Date: the end date on the booking activity
Commission Received Date: the date the supplier payment is added to the booking
Click Save Changes.
2. Eligible for Payout Date
When adding a supplier payment to a booking, the Eligible for Payout Date is automatically set based on the Default Payout Date configured in your Commission Settings.
How It Works
Add a Supplier Payment to a booking
The Eligible for Payout field will be set based on your selection in the Default Payout Settings.
If you’ve selected Travel Start Date or Travel End Date and those dates are missing from the booking, the system defaults to the Commission Received Date.
There are more updates coming soon to support commission settings and rules! Stay tuned!