Create Digital Media Plan - No Commission Only Markups
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Create Digital Media Plan - No Commission Only Markups
- 1 Minute to read
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Create Digital Media Plan - No Commission Only Markups
Overview
Use this process for media bookings (non traditional media) eg Facebook, Google etc. In this case the client agrees to pay you a set fee for an internet campaign. Digital media companies do not pay commissions. This is a standard markup scenario.
Process
Example: A client agrees to pay you $5000.00 and your cut is $500.00. You therefore have a budget of $4500.00 to spend with a digital media supplier eg Facebook.
Step 1 Create a supplier record for the digital media supplier.
If you want a 10% cut, the markup has to be 11.11% with the commission set at zero%
The markups on the kind codes
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Step 2 Create a media plan
Your client has agreed to spend $10,000.00 for 100 spots on a Facebook campaign.
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Step 3 Change status of job to live
Make job live by clicking on |
Step 4 Create a purchase order for the supplier
Click on |
to create a purchase orderStep 1 Select bookings for the PO
Step 2 Click on Step 3 Screen shot of approved PO
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to create PO
Step 5: Create Invoice
To create a client invoice, click on Only booked media spots appear for invoicing i.e. the POs are approved
Select spots which are to be invoiced and click on The completed invoice is as follows:
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