Golden Tee LIVE™
Version 9/16
Page 71
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INCOME SPLIT GUIDE
Golden Tee LIVE is a revolutionary product that offers a variety of ways to pay for game play, including credit
cards, player wallet and gift cards. There are also some fees associated with the operation of Golden Tee LIVE.
The operator/location split on many of these income and fee settings can be individually adjusted, allowing you to
fine tune your costs and maximize your profits.
To access the Collection Settings menus, open the outer door of the cash vault and press the System Setup
button to enter the System Setup Menus. Select
General Settings
, then
Operator Adjustables
, then
Collection
Settings
. The four available categories are: Hardware Update Fee, Income Splits, Fee Splits, and Tax Settings.
Set Hardware Update Fee
This menu allows you to adjust the Hardware Update Fee. This fee is included for your convenience, as a
method to have the location pay for part of your equipment. The default value is $0.00 per week. Use this menu
to adjust this value up or down. The weekly amount will be calculated on a per day basis, and added in to the
Total Fees
field on the
Do Collection
screen. Note that the Hardware Update Fee is included for your
convenience; it is not an actual fee and is NOT included on your monthly ITNet statement.
Operator/Location Income Splits
Use this menu to fine-tune your splits for income generated
from Cash, Player Wallet, Credit Card, ITNet Money Card,
and Operator Money Card payments. Since there may be
times when you have to pay the location before you actually
have the cash in hand, you may want to adjust the split in
your favor to cover the waiting period. The default settings
are displayed on the accompanying screen.
Operator/Location Fee Splits
Use this menu to determine how you wish to split the
various fees associated with Golden Tee LIVE, including
ITNet Fees, Prize Fund Fees, Credit Card Fees,
Communication Fees, Software Update Fees and
Hardware Update Fees. The location is benefiting from
your game by increasing food and beverage sales and
creating loyal patrons. Setting some of these splits in your
favor will help you to cover your costs in a fair and
equitable manner. The default settings are displayed on the
accompanying screen.
Tax Settings
Many states require special taxes or license fees that affect your bottom line. Use this menu to account for these
costs in your collection.
In these menus, you can set the Tax Rate percentage, the Tax Type, meaning what part of the collection is taxed
and who pays for these taxes, and the Tax Split for how to share these fees with your location.
Incredible Technologies hopes that you will take advantage of these menus to maximize your earnings potential.
