TaxiDex

Glossary

What is a driver settlement?

A driver settlement is the regular statement that squares up money between a fleet and its driver: cash the driver collected, card and account fares the fleet collected, the commission or rent the driver owes, any deductions, and the net amount one side pays the other for the period, usually each week.

Last updated TaxiDex team

What goes into a settlement?

Every job in the period with its payment type, the fleet's commission or weekly rent, deductions such as fuel cards or fines, any bonuses, and the balance. Cash work usually means the driver owes the fleet; card and account work usually means the fleet owes the driver.

Why do settlements cause disputes?

Because drivers cannot see the working. Show each job, the commission on it and the running balance, and settle on the same day each week.

How does software help?

It works out gross, commission, deductions and net from the jobs themselves. TaxiDex does this per driver (driver settlements); compare models with the rent vs commission calculator.

Frequently asked questions

How often should drivers be settled?

Weekly is common; whatever you choose, keep it the same day every period.

Should account jobs be paid before the customer pays?

That is a business decision; many fleets pay drivers for account work weekly and carry the credit risk themselves.

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