Entering tenant commission revenue
Hello all,
We operate a cafe and gift shop through third party vendors who pay us a commission on items sold. We want to keep the commission outside the fundraising hierarchy because it is earned revenue rather than contributed revenue. Was told by an Altru rep that merchandise was the best place to enter and to adjust the cost each month dependent upon the commission amount.
Wondering if anyone else has had similar experience with commission and how their organization handles that revenue.
Thanks!
Comments
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We do not use commissions but we do charge for some non-merchandise items. I set up some different “merchandise” departments like Fees. I set up a new merchandise item: non-tax and set the price. This allows us to charge a fee for mailing something. Also, Camp t shirts that are just for camp, not sold in the store.
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@Timothy Silverman We just started something similar. We are getting some income from our Vending Machine vendor and also wanted it to say out of the fundraising hierarchy. What we did was to create a merchandise item for $100 (since our vending machine income is still under $100 a month) and then when we enter the check, we use the adjustable discount to reduce it to the exact amount.
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