Adviser Income Report - only showing the Gross FCI figure received

The ‘Adviser Income Detailed’ report only shows the Gross Income (incl VAT) figure received in Column F (Split FCI Recognition). Therefore the Total in Column F shows the Gross Income received by the company, which if you are VAT registered, is not the amount that the advisers should be recognised for.

Columns D & E (Split Gross and Net Recogntion both show ‘0’) although the Gross and Net values are entered in Plannr for when VAT is charged and correctly show in the Gross and Net Expectation columns (Q & R) in the report.

If you are a VAT registered firm, the Net FCI Recognition amount should be shown in this report so it can be allocated to the adviser (as our previous back office used to do).

The ability to either confirm that you are a VAT registered company on Plannr (so it only shows the Net FCI value in the report) or could the report have both Gross and Net FCI Recognition columns? We have to manually amend the Adviser Income Report to show the correct (Net) Split FCI Recognition to be attributed to each adviser as the boss doesn’t want to pay bonuses on the Gross VAT amount as shown in this report! As Plannr doesnt have an Adviser Dashboard where they can see their current income position, this report also can’t be used without tweeking first.