Just wondering how the commission rate works? I’ve been playing around with it but never end up with the right calculation.
Here’s what I’m trying to do on checkout:
- have a base price (ex: $5)
- charge a user service fee (5%,with woocommerce extension)
- charge taxes on top of that (13%)
= TOTAL PRICE
And for payouts:
- host receives 90% of base price (charge a 10% host fee)
The tricky thing is, if I assign a commission rate, it seems to be taking a percentage of the TOTAL PRICE (including taxes and service fee) instead of just being applied to the base price. The result is that the host’s payout is more than the price of their listing (as they’re getting 90% of the total price). Is this how it’s supposed to work or is there a different way of achieving what I’m looking to do?