Driver Settlement Defaults (Carriers Only)
The Driver Settlement Defaults tab allows carrier companies to configure how driver settlements and payroll calculations are handled within DynaTrail Dispatch.
These settings define the default currency used for settlements, the payroll cutoff period, and how exchange rates are applied when converting between currencies.
Opening Driver Settlement Defaults
To access the Driver Settlement Defaults section:
- Click Settings from the main navigation menu
- Select Company Profile
- Click the Driver Settlement Defaults tab
This section contains configuration options used when calculating driver settlements and payroll.
Driver Settlement Currency
This setting determines the default currency used when calculating driver settlements.
All settlement calculations will use this currency.
Payroll Cutoff Date
The payroll cutoff date determines which trips are included in the current payroll period.
Trips completed before the cutoff date will be included in the current settlement cycle.
Trips completed after the cutoff date will be included in the next payroll cycle.
Exchange Rate Handling
If your company operates across multiple currencies, DynaTrail Dispatch allows you to control how exchange rates are applied when calculating driver settlements.
Administrators can choose to allow the system to automatically apply exchange rates or manually set a specific rate.
Automatic Exchange Rate
When automatic exchange rates are enabled, the system will automatically apply the current exchange rate when converting between currencies.
It will use the current exchange rate based on the date of the item being converted.
Manual Exchange Rate
If manual exchange rates are used, administrators can specify a fixed exchange rate when calculating settlements.
This allows companies to use their own internal exchange rate policies.
Saving Driver Settlement Settings
After configuring your settlement settings:
- Review the configuration options
- Click Update
All driver settlements will now use these default settings.