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agustina-gil
Community Member

Service fee being calculated at 6%

Hi guys! 

 

So I just hit $10,000 with a client. But my service fee has been calculated at 6% and not 5%. 

 

Is this just for the first time the new percenatge gets put in or am I calculating it wrong somehow? (I stink at maths but im definitely sure what 5% is)

 

I appreciate any help or advice! 

ACCEPTED SOLUTION
petra_r
Community Member


@Agustina G wrote:

Hi guys! 

 

So I just hit $10,000 with a client. But my service fee has been calculated at 6% and not 5%. 

 

Is this just for the first time the new percenatge gets put in or am I calculating it wrong somehow? (I stink at maths but im definitely sure what 5% is)

 


 Chances are some part of your most recent billings were at 10% and some part was at 5%

 

For example, if you were at $ 9500, and then got a $ 2000 payment, then $ 500 would have the 10% fee and the remaining $ 1500 would have the 5% fee deducted.

 

 

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2 REPLIES 2
petra_r
Community Member


@Agustina G wrote:

Hi guys! 

 

So I just hit $10,000 with a client. But my service fee has been calculated at 6% and not 5%. 

 

Is this just for the first time the new percenatge gets put in or am I calculating it wrong somehow? (I stink at maths but im definitely sure what 5% is)

 


 Chances are some part of your most recent billings were at 10% and some part was at 5%

 

For example, if you were at $ 9500, and then got a $ 2000 payment, then $ 500 would have the 10% fee and the remaining $ 1500 would have the 5% fee deducted.

 

 

Makes sense! Thanks! 😄

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