Multi-Operator: Vendor Fees (Remittances): What is it?

GoTab allows multi-operators the option to allocate percentage of sales or tips from vendors to the master location.

GoTab uses the term "remittance" to properly allocate vendor's funds to master locations. GoTab can set up these remittance terms to take percentage of sales, tips, or zones.

A remittance can look something along the lines of the following: 

1. At Dave's Food Hall, all vendors will remit 10% of overall sales to the food hall. Additionally, all vendors will also remit 15% of tips to the food hall to tip out the food runners employed by the food hall. 
2. At Katrina's Food Hall, all vendors will remit 100% of dine in order tips to the food runners employed by the food hall. 
3. At John's entertainment venue, 15% of card not present tips (anything ordered from a QR) will be remitted to the food runners at the venue. 100% of card present tips (anything ordered through a POS) will go to the vendors. 

If you would like to speak with a team member about utilizing our multi-operator remittance feature, reach out to your Account Manager or GoTab Support at support@gotab.io.