This document helps you to gain an understanding about how to use EasyCommission application. The example rules may help you to set up the sales commission rule that pays the manager an override of 2% of sale made by the subordinates. The rule data is in effect for the Commission year 2008.
The document has four sections
The maintenance data are the pre-requisite data that are used in calculation rules to calculate the payouts. This section covers all the setup data necessary for processing.
The commission schedule is set for the commission year 2008 and it starts from January 1, 2008 to December 31, 2008. The commissions are paid out monthly.
A Rep may be a Sales Representative or an agent who gets commission payouts.‘Randy’ and ‘Brandy’ are Sales reps and ‘Smith’ is Sales Manager.
Product refers to an item that has physical characteristics or services offered to the customer. Products can have specific commission rates in some cases.
Customer is the individuals or firms to whom the products are sold. Sales to a specific customer can be credited to a particular Rep.
In EasyCommission, transactions are typically sales data such as orders, invoices or customer payments. The transactions will have information such as sales amount or gross profit. Transactions get credited to different Reps prior to calculating commissions.
The commission setup is basically the rules of calculation for payout for any Rep.
The Manager Override Commission Rule is one of the simpler plans. The manager will be credited and paid for specific rep related sales. There is a single commission rate for each reps sale.
The commission formula specifies the actual rate of the calculation to be used. These rates will be used for specific reps.
The commission rule specifies which transactions should be credited to which sales rep and which commission rate calculation to be considered. In this example, manager 'Sample Smith' gets 2% override on sales made by the subordinates Randy and Brandy.
You may calculate all the rules for the current period by selecting "Calculation Process" from Tools Menu.
After clicking the calculate button, process kicks and display the process status as complete once all the reps commission are calculated.
After running the calculation process, the system produces commission results for each rep. Results can be checked by looking at the commission statements.
The results can be checked also by reviewing the transactions.
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