The purpose of settlements is to establish the net pay ready for statement printing and payroll. Settlements are automatically brought forward from information gathered in order entry and dispatch.
Driver pay rates can be based on various factors, including:
- Flat rate
Various deductions can be automatically withheld:
- Reoccurring deductions, including:
- Truck Repairs
- Fuel Charges
- Percentage deductions, including:
- Overhead charges
DTMS’s Settlements can also split multi-currency between separate accounts, as well as divide income across team drivers.
DTMS cuts down on double entry for administrative staff and maintains consistency throughout the system. The system also allows drivers to get paid quickly, easily and correctly, which is a key to driver satisfaction.
Bulk Fuel imports with Fuel Tax Reporting (IFTA) come included in the settlement module. The system can import and assign costs from fuel vendors, including:
Ultramar | Petro-Canada | Shell | Esso | Husky