Style Switcher

Choose Colour style

For a better experience please change your browser to CHROME, FIREFOX, OPERA or Internet Explorer.

REVENUE SHARING AND OPERATIONAL MANUAL

FOR CUSTOMER/CLIENT, SERVICE PROVIDER AND FRANCHISE

MONTHLY FEE FOR SERVICE PROVIDER JOINING PRNV SERVICES

      PLAN 1:  ECONOMY PLAN

  •           Actual Plan Amount: Rs. 2,000 + Rs. 360 (18% GST) = Rs. 2,360
  •           Get 50% discount
  •           Special Offer – Rs. 1,000 + Rs. 180 (18% GST) = Rs. 1,180
  •           Renew Plan: After every 30 days with the same amount

 

       BENEFITS OF ECONOMY PLAN

  1.    Get page on PRNV SERVICES website
  2.    Online promotion of your service at PRNV SERVICES website
  3.    Customers can directly call you
  4.    Through economy plan you will get leads directly from customers
  5.    Work independently
  6.    NO MIDDLEMEN AND NO COMMISSIONS
  7.    No guarantee of business
  8.    Minimum Wallet amount should be Rs. 1,180
  9.    We are charging the renewal amount and any other amount from the SERVICE PROVIDER     WALLET only.
  10.  GST will be transferred to GST WALLET. From GST WALLET goes to GST account.  

             

              REVENUE SHARING:

 

  • FROM ECONOMY PLAN:

 

  • 20% of Rs. 1,000 i.e. Rs. 200 is the profit share of franchise goes to the FRANCHISE WALLET.
  • Another 20% of Rs. 1,000 i.e. Rs. 200 is for the expenditure of franchise goes to the FRANCHISE WALLET.
  • 40% of Rs. 1,000 i.e. Rs. 400 goes to PRNV SERVICES WALLET
  • 20% of Rs. 1,000 i.e. Rs. 200 goes to GATEWAY/HANDLING/DEVELOPMENT WALLET

 

MONTHLY FEE FOR SERVICE PROVIDER JOINING PRNV SERVICES

 

     PLAN 2:  PREMIUM PLAN

  • Actual Plan Amount: Rs. 4,000 + Rs. 720 (18% GST) = Rs. 4,720
  • Get 50% discount
  • Special Offer – Rs. 2,000 + Rs. 360 (18% GST) = Rs. 2,360
  • Renew Plan: After every 30 days with the same amount

 

  • BEBEFITS OF PREMIUM PLAN
  1. Get page on PRNV SERVICES website
  2. Online promotion of your service at PRNV SERVICES website
  3. We will provide business promotion through app
  4. Work independently
  5. Customers can directly approach you through app
  6. Minimum Wallet amount should be Rs. 2,360
  7. We are charging the renewal amount and any other amount from the SERVICE PROVIDER WALLET
  8. PRNV SERVICES will directly collect amount from customers and then it will be transferred to TRANSIT FUND WALLET.
  9. The amount from TRANSIT FUND WALLET will be distributed to respective wallets.
  10. GST will be transferred to GST WALLET. From GST WALLET will go to GST account.

     REVENUE SHARING:

 

  • FROM PREMIUM PLAN 
  1. 20% of Rs 2,000 i.e. Rs. 400 is the profit share of franchise goes to FRANCHISE WALLET.
  2. Another 20% of Rs 2,000 i.e. Rs. 400 is for the expenditure of franchise goes to FRANCHISE WALLET.
  3. 40% of Rs. 2,000 i.e. Rs. 800 goes to PRNV SERVICES Wallet
  4. 20% of Rs. 2,000 i.e. Rs. 400 goes to GATEWAY/HANDLING/DEVELOPMENT WALLET

 

    DISTRIBUTION OF WORK AMOUNT – COLLECTED FROM EACH WORK COMPLETED        (SHARE ON WORK AMOUNT) BY SERVICE PROVIDER

 

We will deduct the certain percentage of amount from the work completed by service provider. This is depending upon the category of service provider, number of works completed by service provider and quantum of works completed by service provider. The amount is then transferred to TRANSIT FUND WALLET. The TRANSIT FUND WALLET amount is being distributed as given below.

 

 

Example 1:  Revenue sharing for the categories of PLUMBER, ELECTRICIAN, CARPENTER, Interior Decorator Service Providers, Doctors and etc.

 

  1. UPTO COMPLETION OF TOTAL WORK AMOUNT RS. 6,00,000
  • 90% goes to SERVICE PROVIDER WALLET

  • Remaining 10% goes to TRANSIT FUND WALLET

 

       2. AFTER COMPLETION OF TOTAL WORK AMOUNT RS. 6,00,000

  • 95% goes to SERVICE PROVIDER WALLET

  • Remaining 5% goes to TRANSIT FUND WALLET

 

Example 2: Revenue sharing for the category of Super Market, etc.

 

  • 95% goes to Super Market SERVICE PROVIDER WALLET.

  • Remaining 5% goes to TRANSIT FUND WALLET.

 

 

Example 3: Revenue sharing for the category of Gold and Ornaments

 

  • 99% goes to Gold and Ornaments SERVICE PROVIDER WALLET.

  • Remaining 1% goes to TRANSIT FUND WALLET.

 

 

DISTRIBUTION OF LEAD AMOUNT – COLLECTED FROM EACH WORK COMPLETED (SHARE ON LEAD AMOUNT) BY SERVICE PROVIDER

 

We will collect Rs. 60 to TRANSIT FUND WALLET from the total work amount for each work completed by service provider. The amount is then transferred to TRANSIT FUND WALLET. The TRANSIT FUND WALLET amount is being distributed as given below.

 

SHARE ON LEAD AMOUNT completion by service provider

 

  • Upto 300 works completion Rs. 60 will be deducted from the total work amount and transferred to TRANSIT FUND WALLET. From TRANSIT FUND WALLET it is distributed to respective wallets.
  • More than 301 works completion Rs. 30 will be charged from SERVICE PROVIDER WALLET.

 

MONTHLY FEE FOR FRANCHISE JOINING PRNV SERVICES

  • Actual Plan Amount: 10,000 + Rs. 1,800 (18% GST) = Rs. 11,800 (applicable from 101 franchises joining)
  • Get 50% discount
  • Special Offer: Rs. 5,000 + Rs. 900 (18% GST) = Rs. 5,900 (up to 100 franchise joining)
  • Renew Plan: After every 30 days with same amount

 

  • FROM TRANSIT FUND WALLET (After GST) goes to

 

  1. CUSTOMERS PROMO FUND WALLET – 20%
  2. FRANCHISE WALLET – 20%
  3. PRNV SERVICES Wallet – 20%
  4. GATEWAY/HANDLING/DEVELOPMENT WALLET – 20%
  5. SERVICE PROVIDERS BENEFIT FUND WALLET – 10%
  6. FRANCHISES BENEFIT FUND WALLET – 10%

FRANCHISE BENEFITS

 

     FRANCHISE BENEFITS FOR ENROLLING SERVICE PROVIDERS:   

 

  1. For enrolling 250 service providers (you have to maintain 250 service providers as net membership who are actively paying renewals every month), franchise get SILVER MEMBERSHIPApart from this, franchise has to enroll minimum 100 service providers every month.

    BENEFITS OF SILVER MEMBERSHIP:

  • We will provide health insurance of Rs. 10 lakh.
  • We will provide accidental insurance of Rs. 10 lakh.

 

  1. For enrolling 500 service providers (you have to maintain 500 service providers as net membership who are actively paying renewals every month), franchise get GOLD MEMBERSHIP.Apart from this, franchise has to enroll minimum 100 service providers every month.

  BENEFITS OF GOLD MEMBERSHIP: 

  • We will provide health insurance of Rs. 15 lakh.
  • We will provide accidental insurance of Rs. 15 lakh.

 

  1. For enrolling 750 service providers (you have to maintain 750 service providers as net membership who are actively paying renewals every month), franchise get PLATINUM MEMBERSHIP.Apart from this, franchise has to enroll minimum 100 service providers every month.

  BENEFITS OF PLATINUM MEMBERSHIP: 

  • We will provide health insurance of Rs. 20 lakh.
  • We will provide accidental insurance of Rs. 20 lakh.

 

 

Assumption of franchise benefits recruiting 250 service providers in premium plan:

 

On every service provider’s recruitment, the franchisee will get a huge income. For example: if franchisee recruits 250 service providers, they get an income 800*250 = Rs. 2, 00,000 (where, 800 is share of service provider i.e. 20% + 20% = 40% from Rs. 2,000 and 250 are number of service providers). From the income generated, you have to invest Rs. 1, 00, 000 for franchise expenditure, and the remaining Rs. 1, 00, 000 is franchise profit.

 

 

What is the monthly expenditure of franchise?

 

The franchise has to expend in promotion of the franchise, office maintenance, rent, internet, promotional activities including T-shirt distribution, visiting card distribution, pamphlets distribution, No parking boards installation and many more. With this, franchise also have to invest in infrastructure of office, opening the office, hiring the marketing staff, telemarketing staff, management staff, publicity materials and advertisement materials.

 

 

Model Franchise Operation During 1st To 6th Months (WHO CAN INVEST MONEY)

 

Assumption 1: Example of a moderate franchise

Assumption 2: Franchise starts working with 2 telemarketing staff, 3 marketing executives and franchise itself.

Assumption 3: Renewal of premium plan with Rs. 2,000 after every 30 days.

Assumption 4: Franchise enrolls 50 service providers on an average per month.

Assumption 5: Franchise expenditure is Rs. 1,00,000.

1st Month: Franchise will understand the business concept and app. No income and franchise has to invest Rs. 1,00,000 from its pocket.

2nd Month: Franchise will recruit 50 service providers in Premium Plan i.e. Rs. 2, 000 (30 days). The income will be 800*50 = Rs. 40,000. Franchise will get same amount on its renewals. This amount is continued every month. Franchise has to invest remaining Rs. 60,000 from its pocket.

3rd Month: Franchise will recruit another 50 service providers in Premium Plan i.e. Rs. 2, 000 (30 days). The income will be Rs. 40,000 + Rs. 40,000 = Rs. 80,000 (800*50 = Rs. 40,000 for each group of 50 service providers). Franchise has to invest remaining Rs. 20,000 from its pocket.

4th Month: Franchise will recruit 50 service providers in Premium Plan i.e. Rs. 2, 000 (30 days). The income will be Rs. 40,000 + Rs. 40,000 + Rs. 40,000 = Rs. 1,20,000 (800*50 = Rs. 40,000 for each group of 50 service providers). From Rs. 1,20,000, Rs. 1,00,000 is expenditure and Rs. 20,000 is franchise’s profit.

5th Month: Franchise will recruit 50 service providers in Premium Plan i.e. Rs. 2, 000 (30 days). The income will be Rs. 40,000 + Rs. 40,000 + Rs. 40,000 + Rs. 40,000 = Rs. 1,60,000 (800*50 = Rs. 40,000 for each group of 50 service providers). From Rs. 1,60,000, Rs. 1,00,000 is expenditure and Rs. 60,000 is franchise’s profit.

6th Month: Franchise will recruit 50 service providers in Premium Plan i.e. Rs. 2, 000 (30 days). The income will be Rs. 40,000 + Rs. 40,000+ Rs. 40,000 + Rs. 40,000 + Rs. 40,000 = Rs. 2,00,000 (800*50 = Rs. 40,000 for each group of 50 service providers). From Rs. 2,00,000, Rs. 1,00,000 is expenditure and Rs. 1,00,000 is franchise’s profit.

 

 

Model Franchise Operation During 1st To 6th Months (WHO CAN’T INVEST MONEY BUT INVEST FULL TIME WITH GROUP OF 6 UNEMPLOYED YOUTH)

 

Assumption 1: The group of all the 6 unemployed youth forms a firm under the name of franchise. All these people are working as the partner in the franchise.

Assumption 2: 6 people do the work by their own from which 2 people are taking care of telemarketing, 3 taking care of direct marketing and 1 is taking care of other office works. These people are doing their work by their own without any investment for opening office and hiring the staff.

Assumption 3: Renewal of premium plan with Rs. 2,000 after every 30 days.

Assumption 4: Franchise enrolls 50 service providers on an average per month.

Assumption 5: They can open office in home and directly start working without any investment

Assumption 6: All these 6 people may have small expenditure like petrol for vehicle and etc.

1st Month: Franchise will understand the business concept and app. No business. No income in the first month.

2nd Month: Franchise will recruit 50 service providers in Premium Plan i.e. Rs. 2, 000 (30 days). The income will be 800*50 = Rs. 40,000. Franchise will get same amount on its renewals. This amount is continued every month. Rs. 40,000 / 6 = Rs. 6,666.66 is the income of each person.

3rd Month: Franchise will recruit another 50 service providers in Premium Plan i.e. Rs. 2, 000 (30 days). The income will be Rs. 40,000 + Rs. 40,000 = Rs. 80,000 (800*50 = Rs. 40,000 for each group of 50 service providers). Rs. 80,000 / 6 = Rs. 13,333.33 is the income of each person.

4th Month: Franchise will recruit 50 service providers in Premium Plan i.e. Rs. 2, 000 (30 days). The income will be Rs. 40,000 + Rs. 40,000 + Rs. 40,000 = Rs. 1,20,000 (800*50 = Rs. 40,000 for each group of 50 service providers). Rs. 1,20,000 / 6 = Rs. 20,000 is the income of each person.

5th Month: Franchise will recruit 50 service providers in Premium Plan i.e. Rs. 2, 000 (30 days). The income will be Rs. 40,000 + Rs. 40,000 + Rs. 40,000 + Rs. 40,000 = Rs. 1,60,000 (800*50 = Rs. 40,000 for each group of 50 service providers). Rs. 1,60,000 / 6 = Rs. 26,666.66 is the income of each person.

6th Month: Franchise will recruit 50 service providers in Premium Plan i.e. Rs. 2, 000 (30 days). The income will be Rs. 40,000 + Rs. 40,000+ Rs. 40,000 + Rs. 40,000 + Rs. 40,000 = Rs. 2,00,000 (800*50 = Rs. 40,000 for each group of 50 service providers). Rs. 2,00,000 / 6 = Rs. 33,333.3 is the income of each person.

 

Note: This is the income for the work of 6 months and one time efforts. But in future, if the business grows, the income also grows. It will be continued every month till the continuation of franchise. Hence, all the partners can enjoy the life time income from their hard work and efforts they put in to run the business.

 

 

SERVICE PROVIDER BENEFITS FOR WORKS/CASES COMPLETION

 

  A service provider can also enjoy the benefit of earning rewards like:

  1. For completion of 300 works/cases, service provider will get SILVER MEMBERSHIP. Apart from this service provider have to do minimum 100 works every month.

 BENEFIT OF SILVER MEMBERSHIP:

  • We will provide accidental insurance of Rs. 10 lakh.

 

  1. For completion of 500 works/cases, service provider will get GOLD MEMBERSHIP. Apart from this service provider have to do minimum 100 works every month.

 BENEFIT OF GOLD MEMBERSHIP: 

  • We will provide accidental insurance of Rs. 15 lakh.

 

  1. For completion of 1000 works/cases, service provider will get PLATINUM MEMBERSHIP. Apart from this service provider have to do minimum 100 works every month.

  BENEFIT OF PLATINUM MEMBERSHIP: 

  • We will provide accidental insurance of Rs. 20 lakh.

 

 

 BENEFITS OF CUSTOMERS

 

At PRNV SERVICES, customers can get the services at reasonable rates. Our rates are comparatively lower than other companies because they are charging huge extra charges from their clients and service providers.

Example: If you are at PRNV SERVICES and booking any services then you will only have to pay for the services you are taking. The PRNV SERVICE’s service provider charges you only for the services according to the pre-decided rates of the general services.

Let service providers at PRNV Services will charge Rs. 100 for any specific service, then the total charge that the client has to submit is Rs. 100 + Rs. 18 (18% GST) = Rs. 118

In other companies, you have to give extra money. Other companies may charge Rs. 150 for the same service. The total charge you have to give is Rs. 150 + Rs. 27 (18% GST on Rs. 150) = Rs. 177

From the above, it is clearly shown that at PRNV services you are getting services at reasonable prices and you don’t have to give the extra amount with the extra GST amount.

 

SPECIAL NOTE:

Note: From service provider’s work amount, amount will be transferred to TRANSIT FUND WALLET depending upon the business and category.

Note: The service provider who is doing more business will be at top of the list of their respective category.

 

      Franchise has to note:

  1. At PRNV SERVICES, we are not providing any assurance of business.
  2. Only your hard work can lead you to your success. The success of franchise also depends upon the recruitment of service providers and the business you develop in your area through your telemarketing team and marketing team.
  3. No guarantee for LEADS & CONVERSION.
  4. PRNV SERVICES will only help you through promotion at digital platform.
  5. Franchise has to take care of direct marketing in its area and majority of franchise’s success depends upon direct marketing.

How it works?

ex1

EXAMPLE 1:-  CUSTOMER`S 1st WORK

Revenue sharing for the categories of PLUMBER, ELECTRICIAN, CARPENTER, Interior Decorator Service Providers, Doctors and etc.

  • Let the work amount = Rs. 200 (Minimum work order should be Rs. 200)
  • 200 (WORK AMOUNT) + Rs. 36 (GST @ 18%) = Rs. 236. The amount of Rs. 236 is to be paid by CUSTOMER to PRNV SERVICES ACCOUNT
  • From the PRNV SERVICES account the GST amount Rs. 36 transferred to GST WALLET. Then from GST WALLET, the amount will be paid to the GST account.
  • The remaining work amount after GST i.e. Rs. 200 is transferred to TRANSIT FUND WALLET

 

 

 DISTRIBUTION OF TRANSIT FUND WALLET:

  1. Total work amount of Rs. 200 transferred to TRANSIT FUND WALLET. Another amount of Rs. 30 which is for the promo of the customer is transferred from CUSTOMER PROMO FUND WALLET. Now the total amount in TRANSIT FUND WALLET is Rs. 230
  2. From TRANSIT FUND WALLET Rs. 20 of SPECIAL DISCOUNT + Rs. 30 of promo offer i.e. total Rs. 50 transferred to CUSTOMER WALLET.
  1. Service Provider (completed below Rs. 6,00,000 total work) hence 10% of the Total work amount of Rs. 200 i.e. Rs. 20 (10% SHARE ON WORK AMOUNT) is deducted from the total work amount and transferred to TRANSIT FUND WALLET.
  1. Service Provider (completed below 300 total numbers of works) hence Rs. 60 (SHARE ON LEAD AMOUNT) per work to be deducted from the total work amount. The same amount is to be transferred to TRANSIT FUND WALLET. These two amounts i.e. Rs. 20 + Rs. 60 = Rs. 80 will be distributed to below 6 Wallets.                                                                                                                                                                                                                               a) 20% of Rs. 80 i.e. Rs. 16 goes to CUSTOMERS PROMO FUND WALLET                                                                                                                                           b) 20% of Rs. 80 i.e. Rs. 16 goes to FRANCHISES WALLET                                                                                                                                                                       c) 20% of Rs. 80 i.e. Rs. 16 goes to PRNV SERVICES WALLET                                                                                                                                                   d) 20% of Rs. 80 i.e. Rs. 16 goes to GATEWAY/HANDLING/DEVELOPMENT WALLET                                                                                                                                                                       e) 10% of Rs. 80 i.e. Rs. 8 goes to SERVICE PROVIDERS BENEFIT FUND WALLET                                                                                                                f) 10% of Rs. 80 i.e. Rs. 8 goes to FRANCHISES BENEFIT FUND WALLET                                                                                                                                                                                                                                         5.  From Rs. 230 the following amount of Rs. 130 (Rs. 20 SHARE ON WORK AMOUNT + Rs. 60 SHARE ON LEAD AMOUNT + CUSTOMER WALLET Rs. 50) is transferred to various accounts. The rest of the amount of Rs. 100 is transferred to SERVICE PROVIDER WALLET.                                                                                                                                                                                                   6. The balance amount in TRANSIT FUND WALLET is Rs. 230 – Rs. 230 (Rs. 20 SHARE ON WORK AMOUNT + Rs. 60 Share on LEAD AMOUNT + CUSTOMER WALLET Rs. 50 + Rs. 100 to SERVICE PROVIDER WALLET) = Rs. 0.                                                                                                                                                                                                 7. Total Balance in various accounts is as follows:                                                                                                                                                                                                                                                                                                      a) CUSTOMERS PROMO FUND WALLET: Rs. 16 – Rs. 30 = Rs. – 14                                                     b) FRANCHISE WALLET: Rs. 16                                 c) PRNV SERVICES WALLET: Rs. 16                         d) GATEWAY/HANDLING/DEVELOPMENT WALLET: Rs. 16                                                             e) SERVICE PROVIDERS BENEFIT FUND WALLET: Rs. 8                                                               f) FRANCHISES BENEFIT FUND WALLET: Rs. 8 g) CUSTOMER WALLET: Rs. 50                                h) SERVICE PROVIDER WALLET: Rs. 100

 

8. Distribution of the amount in SERVICE PROVIDER WALLET:

 

a) Service Provider has given 10% off SPECIAL DISCOUNT on work amount of Rs. 200 i.e. Rs. 20 is to be deducted from the total work amount. The same will be transferred to TRANSIT FUND WALLET. From TRANSIT FUND WALLET the amount of Rs. 20 will be transferred to CUSTOMER WALLET. The CUSTOMER WALLET amount can be utilized ON BOOKING OF 2nd WORK only, that too within a period of 30 days. No CASH will be given to the customer. If the CUSTOMER WALLET amount is not used within 30 days the amount will be forfeited.

b) Service Provider (completed below Rs. 6,00,000 total work) hence 10% of the Total work amount of Rs. 200 i.e. Rs. 20 (10% SHARE ON WORK AMOUNT) is deducted from the total work amount and transferred to TRANSIT FUND WALLET. Then from TRANSIT FUND WALLET, the amount will be distributed to various wallets.

c) Service Provider (completed below 300 total numbers of works) hence Rs. 60 (SHARE ON LEAD AMOUNT) per work to be deducted from the total work amount. The same amount is to be transferred to TRANSIT FUND WALLET. Then the amount will be distributed to various wallets

 

d) Total balance in SERVICE PROVIDER WALLET:

Balance amount in SERVICE PROVIDER WALLET (From total work amount these amounts are transferred to respective accounts 20 + 20 + 60 = 100) Rs. 200 – Rs. 100 = Rs. 100 (After deductions of Rs. 100 from total work amount of Rs. 200) is balance in SERVICE PROVIDER WALLET.

 

 

9. Distribution of the amount in CUSTOMER WALLET

 

a) Service Provider has given 10% off SPECIAL DISCOUNT on work amount of Rs. 200 i.e. Rs. 20 is to be deducted from the total work amount. The same will be transferred to TRANSIT FUND WALLET. From TRANSIT FUND WALLET the amount of Rs. 20 will be transferred to CUSTOMER WALLET. The CUSTOMER WALLET amount can be utilized ON BOOKING OF 2nd WORK only, that too within a period of 30 days. No CASH will be given to the customer. If the CUSTOMER WALLET amount is not used within 30 days the amount will be forfeited.

b) PRNV SERVICES has given Rs. 30 as a promo offer to the customer from CUSTOMER PROMO FUND WALLET. This offer amount of Rs. 30 is to be deducted from CUSTOMER PROMO FUND WALLET and transferred to the TRANSIT FUND WALLET. The amount of Rs. 30 was then transferred to CUSTOMER WALLET.  The CUSTOMER WALLET amount can be utilized ON BOOKING OF 2nd WORK only, that too within a period of 30 days.  No CASH will be given to the customer. If the CUSTOMER WALLET amount is not used within 30 days the amount will be forfeited.

c) Total balance in CUSTOMER WALLET:

 

Balance of amount in CUSTOMER WALLET is Rs. 20 + Rs. 30 = Rs. 50 can be utilized for the next work booking.

 

 

 

 

EXAMPLE 2:-  CUSTOMER`S 2nd WORK

Revenue sharing for the categories of PLUMBER, ELECTRICIAN, CARPENTER, Interior Decorator Service Providers, Doctors and etc.

 

  1. Let the work amount of second work = Rs. 300 (minimum work order should be Rs. 200)                                                                                                                                                                       2. The customer is having Rs. 50 in CUSTOMER WALLET for the first work. This is the further work of  customer. The customer can use this CUSTOMER WALLET amount of Rs. 50 in this work. We have to deduct Rs. 50 from GROSS WORK AMOUNT of Rs. 300 i.e. NET WORK AMOUNT is Rs. 250 (Rs. 300 – Rs. 50).                                                                                                                  3. NET WORK AMOUNT is Rs. 250 + Rs. 45 (GST @ 18%) = Rs. 295. The amount of Rs. 295 is to be paid by CUSTOMER to PRNV SERVICES ACCOUNT.                                                                                                                                                                   4. From the PRNV SERVICES account the GST amount Rs. 45 transferred to GST WALLET. Then from GST WALLET, the amount will be paid to the GST account. The remaining work amount after GST i.e. Rs. 250 is transferred to TRANSIT FUND WALLET.                                                                                                                                                                       5. The Service Provider has given SPECIAL DISCOUNT @ 10% on GROSS WORK AMOUNT of Rs. 300 i.e. Rs. 30. This amount has to be deducted from Service Provider, as the total amount is transferred to the TRANSIT FUND WALLET; this amount of Rs. 30 has to be deducted from the TRANSIT FUND WALLET.                                                                                                                                        6. The promo offer has been given from CUSTOMER PROMO FUND WALLET @ 20% on GROSS WORK AMOUNT of Rs. 300 i.e. Rs. 60. This amount of Rs. 60 is to be deducted from the CUSTOMER PROMO FUND WALLET and to be transferred to the TRANSIT FUND WALLET.                                                                                                                                                                                                        7. Distribution of TRANSIT FUND WALLET

 

A)  Total work amount of Rs. 250 (after GST of Rs. 45) transferred to TRANSIT FUND WALLET. Another amount of Rs. 60 which is for promo of the customer is transferred from CUSTOMER PROMO FUND WALLET to TRANSIT FUND WALLET.   From CUSTOMER WALLET 20 of SPECIAL DISCOUNT + Rs. 30 of promo offer i.e. total Rs. 50 of 1st work amount, transferred to TRANSIT FUND WALLET.   Now the total amount in TRANSIT FUND WALLET is Rs. 360 (Rs. 250 + Rs. 60 + Rs. 50)

B)  From TRANSIT FUND WALLET 30 of SPECIAL DISCOUNT + Rs. 60 of promo offer i.e. total Rs. 90 transferred to CUSTOMER WALLET.

C)   Service Provider (work completed ABOVE Rs. 6,00,000 total work) hence 5% of the GROSS WORK AMOUNT 300 i.e. Rs. 15 (5% SHARE ON  WORK AMOUNT) is deducted from total work amount and transferred to TRANSIT FUND WALLET.

D)  Service Provider (work completed ABOVE 300 total number of works) hence Rs. 30 (Share on LEAD AMOUNT) per work to be deducted from total work amount. The same amount is to be transferred to TRANSIT FUND WALLET. These two amounts i.e. Rs. 15 + Rs. 30 = Rs. 45 will be distributed to below 6 Wallets.

  • 20% of Rs. 45 i.e. Rs. 9 goes to CUSTOMERS PROMO FUND WALLET                                                                                                                                       20% of Rs. 45 i.e. Rs. 9 goes to FRANCHISES WALLET

. 20% of Rs. 45 i.e. Rs. 9 goes to PRNV SERVICES WALLET

  • 20% of Rs. 45 i.e. Rs. 9 goes to GATEWAY/HANDLING/DEVELOPMENT WALLET
  • 10% of Rs. 45 i.e. Rs. 4.50 goes to SERVICE PROVIDERS BENEFIT FUND WALLET
  • 10% of Rs. 45 i.e. Rs. 4.50 goes to FRANCHISES BENEFIT FUND WALLET
  1. From Rs. 360 the following amount of Rs. 150 (Rs. 15 Share on WORK AMOUNT + Rs. 30 Share on LEAD AMOUNT + CUSTOMER WALLET 90) is transferred to various accounts. The rest of the amount of Rs. 235 is transferred to SERVICE PROVIDER WALLET.
  1. The balance amount in TRANSIT FUND WALLET is Rs. 360 – Rs. 360 (Rs. 15 Share on WORK AMOUNT + Rs. 30 Share on LEAD AMOUNT + CUSTOMER WALLET 90 + Rs. 235  to SERVICE PROVIDER WALLET)
  1. Total Balance in various accounts is as follows:
  1. a) CUSTOMERS PROMO FUND WALLET: Rs. 16 (form 1st work) – Rs. 30 (promo of 1st work) + Rs. 30 (SPECIAL DISCOUNT on 2nd work) – Rs. 60 (Customer Promo of 2nd work) = Rs. – 58
  2. b) FRANCHISES WALLET: Rs. 20 (form 1st work) + Rs. 12 (for the 2nd work) = Rs. 32
  3. c) PRNV SERVICES WALLET: Rs. 20 (form 1st work) + Rs. 12 (for the 2nd work) = Rs. 32
  4. d) GATEWAY/HANDLING/DEVELOPMENT WALLET: Rs. 20 (form 1st work) + Rs. 12 (for the 2nd work) = Rs. 32
  5. e) SERVICE PROVIDERS BENEFIT FUND WALLET: Rs. 10 (form 1st work) + Rs. 12 (for the 2nd work) = Rs. 22
  6. f) FRANCHISES BENEFIT FUND WALLET: 10 (form 1st work) + Rs. 12 (for the 2nd work) = Rs. 22
  7. g) CUSTOMER WALLET: Rs. 50 + Rs. 50 + Rs. 90 = Rs. 90
  8. h) SERVICE PROVIDER WALLET: Rs. 80 (for the 1nd work) + Rs. 210 = Rs. 290
  1. Distribution of the amount in SERVICE PROVIDER WALLET:
  1. From TRANSIT FUND WALLET 20 of SPECIAL DISCOUNT + Rs. 30 of promo offer i.e. total Rs. 50 transferred to CUSTOMER WALLET for the 1st work booking. The same amount is utilized in the booking of 2nd work. The 2nd work amount is Rs. 300

Less:- Rs. 50 from CUSTOMER WALLET i.e. Rs. 250 paid by the customer. Hence the old balance in CUSTOMER WALLET is Rs. 50 – Rs. 50 = Rs. 0. From CUSTOMER WALLET the Rs. 50 is transferred to TRANSIT FUND WALLET.  Hence the total amount in TRANSIT FUND WALLET is Rs. 300 (Rs. 250 paid by customer + Rs. 50 transferred from CUSTOMER WALLET)

  1. Service Provider (completed ABOVE 300 total number of works) hence Rs. 30 (Share on LEAD AMOUNT) per work to be deducted from total work amount. The same amount is to be transferred to TRANSIT FUND WALLET. Then the amount will be distributed to various wallets.
  1. Balance amount in SERVICE PROVIDER WALLET (From total work amount these amounts are transferred to respective accounts 30 + 30 + 30 = 90) Rs. 300 – Rs. 90 = Rs. 210 (After deductions of Rs. 90 from total work amount of Rs. 300)
  1. Distribution of the amount in CUSTOMER WALLET:
  1. Service Provider has given 10% off SPECIAL DISCOUNT on work amount of Rs. 300 i.e. Rs. 30 is to be deducted from the total work amount. The same will be transferred to TRANSIT FUND WALLET. From TRANSIT FUND WALLET the amount of Rs. 30 will be transferred to CUSTOMER WALLET. The CUSTOMER WALLET amount can be utilized ON BOOKING OF 2nd WORK only, that too within a period of 30 days. No CASH will be given to the customer. If the CUSTOMER WALLET amount is not used within 30 days the amount will be forfeited.
  1. PRNV SERVICES has given Rs. 60 as promo offers to the customer from CUSTOMER PROMO FUND WALLET. This offer amount of Rs. 60 is to be deducted from the CUSTOMER PROMO FUND WALLET and transferred to the TRANSIT FUND WALLET. The amount of Rs. 60 then transferred to CUSTOMER WALLET.  The CUSTOMER WALLET amount can be utilized ON BOOKING OF 2nd WORK only, that too within a period of 30 days.  No CASH will be given to the customer. If the CUSTOMER WALLET amount is not used within 30 days the amount will be forfeited.
  1. The customer is having Rs. 20 + Rs. 30 = Rs. 50 balance in his wallet for the 1st work booking. The same was used in the booking of 2nd work. Hence the previous balance of Rs. 50 transferred to TRANSIT FUND WALLET. The balance will be Rs. 0 in CUSTOMER WALLET.
  1. Balance of amount in CUSTOMER WALLET is Rs. 30 + Rs. 60 = Rs. 90 can be utilized for the next work booking.

REQUIRED DOCUMENT FOR FRANCHISE/SERVICE PROVIDER:

  1. Name/ organization

  2. Bank details

  3. Pan card

  4. GST no.

  5. Aadhar card

  6. Address

  7. Location

  8. Mobile number

     

 

Top
Book Your Work
close slider