An article to help you add and modify Venue Rates
Adding Venue Rates
Adding and updating the Revenue share rates to a Venue allows for accurate reporting of revenue share amounts:
- Navigate to the Venue
- Select the Rates tab
Revenue Rates are set per Course Type so that you can have different rates for different types where required:
For Example - Group Class Revenue Share may be 50%, but One-to-One's may be 25%.
PLEASE NOTE: If a new Course Type is added to Franscape rates will need to be created for it per Venue.
You can set the Revenue Rates as:
- Fixed
- Set a cash figure per hour (including VAT). Franscape will then work out the total share pro-rata based on the class length.
- Share
- Set a % figure. Franscape will then work out the share based on classes arranged at the venue
SAVE
Changes to Venue Rates
PLEASE NOTE: If your Venue Rates change you must add a new rate per Course Type, providing an end date for the previous rate.
- Navigate to the Venue
- Select the Rates tab
- On the rates that need changing, click the '+' symbol
- This will add a new line
- On the old rate, set an end date
- On the new line:
- Set the new rate
- Set a start date
- Leave the end date blank
Do this for ALL Course Types that need changing and then SAVE CHANGES
PLEASE NOTE: Do not delete the old rate