Fishing crews are often both responsible for a certain proportion of a fishing trip’s expenses (gear or consumed food, for example) and paid according to a percentage or share of the catch value.
Share crew members may receive no pay beyond a share of the boat’s catch and hence payment is directly tied to the size and quality of the catch and the length and conditions of the season. The portion of the total catch value available to be distributed among the crew, as well as the relative amount (as a share or percentage) each crew member is eligible to receive (according to crew position) are set up in advance in the WiseFish system. However, these values can be adjusted for an individual fishing trip.
For an own vessel that lands catch to stock, once that catch is actually sold, the system automatically creates an Allocated Catch Line for each invoiced sale, linking it back to the exact fishing trip catch line (fish type, size/quality grade, tub) it came from. Each allocation records the quantity and amount actually invoiced, the customer, the invoice number, and the exchange value rate/percentage in effect at the time. This gives an exchange value based on what the catch actually sold for, rather than its provisional landing-time value.
This is a read-only lookup to allow tracing a trip’s real, invoiced settlement value back to the specific sales that produced it. It is summarized into the Value of Allocated Raw Mat. and Exch. Value of Alloc. Raw Mat. figures already shown on the Fishing Trip Period.