How to Share Profits with Your Overseas Agent Using Debit and Credit Notes? | GoFreight Help Center

If your business needs to share profits with your overseas agent, follow the steps below to execute profit sharing using debit/credit notes.

Navigate to "Accounting" > "Invoice/Cost" > "Invoice/Cost List." Once you're in the list, locate the specific debit or credit note for which you want to share profits.

1. If necessary, manually set the profit share percentage. Note: The default profit share is set to 50%. If you need to adjust this percentage, please contact us at support@gofreight.com.
2. Enter the amount of revenue and cost. Note: The revenue and cost amounts are unrelated to the total amount. They are solely used to calculate the profit share.
3. Check the “P/S” box next to the status.
4. Click on “Calculate Profit Share.”

A new line for profit sharing will appear. For example: (Revenue: $2000 - Cost: $1000) x Profit Share: 25% = $250. This means you are sharing 25% of the profit with your agent, resulting in a credit of $250. The total amount will be $2750. (Total Revenue: $3000 - $250 Credit)

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