Get Vendor Transaction Fee Report - Summary Vendor Name ...

Filling out the Vendor Transaction Fee Report is essential for vendors to clarify their transaction fees and maintain compliance. This guide provides step-by-step instructions to help you complete the report accurately and efficiently online.

Follow the steps to complete the Vendor Transaction Fee Report online.

1. Click the ‘Get Form’ button to obtain the form and open it in the designated editor.
2. Begin by filling in the vendor name at the top of the form. Ensure this name corresponds with your official business name to avoid any discrepancies.
3. Enter the address details, including street address, city, state, and zip code. Accuracy is vital here for future correspondence.
4. Provide the phone number and email address where you can be contacted regarding this report. This information helps ensure efficient communication.
5. Identify the contact person for this report. This can be a representative from your organization who will be responsible for any follow-up inquiries.
6. At line A, enter the total payments received against State agreements during the reporting period. Only include payments that were actually processed within this timeframe.
7. Subtract any payments that are exempt from the transaction fee as indicated in line B. You can refer to Rule 60A-1.032 for guidance on exemptions.
8. On line C, calculate the total fee-eligible payments by subtracting the exempt payments from the total payments received.
9. Multiply the amount from line C by 1% to determine the total transaction fees owed during the reporting period and record it on line D.
10. Subtract transaction fees that have been automatically deducted by MyFloridaMarketPlace (line E) from the total fees owed (line D). Enter this amount on line F.
11. Subtract any fees billed by MyFloridaMarketPlace this reporting period (line G) to find your self-reported transaction fees due (line H).
12. Add any transaction fees billed by MyFloridaMarketPlace during this reporting period (line G) to your self-reported fees due (line H) to find the total fees paid this reporting period (line I).
13. Indicate the calendar month and year that this report covers by circling the appropriate month and providing the year.
14. Sign the declaration at the bottom of the form, confirming that the information provided is accurate. Print your name and title underneath your signature.
15. After reviewing your entries, save the completed form. You may download, print, or share it as needed to submit it by the deadline.

Complete your Vendor Transaction Fee Report online today to ensure compliance and avoid any potential issues with future business transactions.