Brokers Management
Create broker profiles, classify the broker type, link a group and default expense account, and optionally maintain address and commission details for broker-related business activity.
Main tabs
Add + Broker List
Create, review and edit broker records.
Broker types
4 choices
Agent, Transport Broker, Commission Agent or Clearing Agent.
Commission
Optional section
Percentage, flat or slab-wise configuration.
Accounting
Expense account
Group and default expense account are selected before save.
What Brokers Management does
Understand the screen before creating or changing records.
Brokers Management keeps broker contact, classification, accounting and optional commission information in one place. Each broker is also connected with an account so broker-related accounting details remain organized.
The Broker Information section stores the main identity, contact, group, broker type and remarks. Address and Commission sections can be switched on only when those details are required.
A Group Account and Default Expense Account must be selected before a broker can be saved. These selections define how the broker is organized in the accounting structure.
Create or configure
Follow the screen flow in order.
01. Open Add Broker
Use the Add Broker tab and enter the Broker Name. This is the required identity for the record.
02. Add broker information
Enter Contact Number and Email Address if available, select a Group Account, choose the Broker Type and add optional remarks.
03. Enable address details when needed
Turn on Address & Contact Information to enter Address, City and State. The State field opens the state selector.
04. Enable commission details when needed
Turn on Commission Details, choose a Commission Type, enter the Commission Rate and select where commission is applicable.
05. Select Default Expense Account
Choose the expense account that should be associated with the broker. VauPrime requires this selection before saving.
06. Add Broker
Save the broker. VauPrime creates the broker and its related account information, refreshes the list and switches to Broker List.
Fields and options
What each input controls in the current VauPrime screen.
Broker and commission options
Broker List
Search, review and manage the records already created for the organization.
Buttons and record actions
What happens when you use the main actions on this screen.
Open details
Opens the Broker Details panel for the selected broker with the available profile information and management actions.
Edit
Loads contact, address, commission, broker type, expense account and group information back into the form for updating.
Delete
Shows a permanent-delete confirmation. After confirmation, the broker is removed and the related broker account is removed with it.
Update Broker
When edit mode is active, saving updates both the broker information and its connected account details.
Important notes and common issues
Use these checks when an action is unavailable or a save does not complete.
Please select a Group Account
A broker cannot be saved until a Group Account is selected. Open the Group Account selector and choose the appropriate group.
Please select a Default Expense Account
The Default Expense Account is required. Select an expense account before pressing Add Broker or Update Broker.
Commission rate is required when commission is enabled
If the Commission Details switch is on, enter a Commission Rate before saving.
Linked account stays synchronized
Creating a broker also creates its related account, and updating the broker refreshes the connected account with the same key details.
Need more help with this configuration?
Open Support