Tracking your commission fees is important for internal reporting and accounting control. Follow this guide to setup the Commission Fees to each Third-Party Source in Cloudbeds PMS.
- Changing commissions fees in Cloudbeds PMS does not change your percentages on any of the OTA's (channels) extranets. The percentages added in reservations sources are ONLY for internal reporting purposes in Cloudbeds.
- Cloudbeds does not send any commission information to OTAs or agencies.
How to Set Commission Fees for Third-Party Sources
In Cloudbeds PMS,
- Open Manage (gear icon) on the top right
- Click on Reservation Sources
- Select Third-Party Sources
- Click to Configure Taxes/Fees for Source next to the OTA you want configure OR on the Edit icon
- Insert the commission percentage
- Click SAVE
When changing or adding a new commission percentage, you can recalculate previous bookings with the newly created commission (will be applied for all reservation statuses).
- Click YES if you want to recalculate the previous reservations or NO if you prefer to apply it only for future reservations.
The commission percentage will be described in the reservation page once the reservation is imported to the system.
Check the following article to learn more about Payout / Commission Report.
