Deductions can be added to a voucher to account for things like marketing expenses, tax, licensing and referral fees, and even health insurance.

Buildout supports two types of deductions today: pre-split and individual deductions.

Pre-split deductions are deductions that are accounted for before the split with the house is calculated. A common pre-split deduction is marketing or signage.

Individual deductions are deductions that are accounted for after the split with the house is calculated, when a broker is paid. A common individual deduction is for health insurance.

Default categories for both types of deductions can be added in your "Back Office" settings under your "Company Settings."

Adding pre-split deductions is quite simple. On step 3 of the voucher, simply add a pre-split deduction, choose the category and add either a percentage or dollar amount.

The pre-split deduction will be subtracted from the Gross Commission Amount and allocated on the Gross Commission Breakdown pie chart.

Individual deductions are added after the voucher has been submitted and approved. Once the client has been invoiced and the brokerage is paid, payments to the brokers can be paid. Upon paying the broker, and individual deduction may be added.

You can learn more about marketing brokers as paid through Buildout here.