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Glossary of Terms

Understanding your Reports within Hero

Updated over a year ago

Sales Report

The Sales Report shows totals of Products Sold (finalised) or Refunded within the dates selected.

Sales

Product Sales (Customer Payable)

Refunds

Refunded Product Sales (Customer Payable losses)

Total Sales

Sales less Refunds

Commission Earn

Commission Earned on Product Sales

Commission Loss

Commission Lost on Refunded Product Sales

Total Commission

Commission Earned less Commission Loss

Average Commission

Average Commission % for Finalised Bookings

Financials

The Financial Report shows any financial movement on a quote / booking within the dates selected.

Products

The Sales Report shows totals of Products Sold (finalised) or Refunded within the dates selected

Sales

Product Sales (Customer Payable)

Refunds

Refunded Product Sales (Customer Payable losses)

Supplier Refund Fees

Fees retained by Hero to be passed on to Suppliers as cancellation fees

Hero Refund Fees

Fees charged by Hero for processing of booking cancellations.

Calculated as a percentage of Commission Retained by your Agency, if applicable.

For clarification please refer to your Hero Agency Agreement.

Commission

Commission Earned

Commission Earned on Product Sales

Commission Lost

Commission Earned less Commission Loss

Agency Payments

Funds Collected - Finalised Orders

Funds collected within the dates selected for bookings which have been finalised within the dates selected

Funds Collected - Deposit Only

Funds collected within the dates selected towards quotes not yet finalised

Deposit Used

Funds collected outside of the dates selected, used towards a booking finalised within the dates selected

Card Fees

Card fees charged by the Agency to the Customer

Funds Refunded to Pax

Funds refunded to the Customer from the Agency

Hero Payments

Collected - Finalised Orders

Funds collected by Hero within the dates selected for bookings which have been finalised within the dates selected

Collected - Deposit Only

Funds collected by Hero within the dates selected towards quotes not yet finalised

Deposit Used

Funds collected by Hero outside of the dates selected, used towards a booking finalised within the dates selected

Refunded

Funds refunded to the Customer from Hero on behalf of the Agency

Funds To Pax Wallet

Funds refunded to the Customer into Pax Wallet

Funds From Pax Wallet

Funds used from Pax Wallet towards a booking finalised within the dates selected

Hero Payments Fees

Fees charged to the Agency from Hero for use of Hero Payments

Payable to Hero

The balance of funds due to Hero for financial movements within the date range. Note, this figure does not mirror your Invoice, which is based upon order finalised. (Negative figures result in payments due to you)

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