The Commission Plans record is the top level of the Commission module. From this record, all the other commission services required to make the Commissions module function are associated to the commission plans. A Commission Plan can contain several commission plan items, agreements and rate scales to encompass different products and persons.
The Name field contains the name of the commission plan.
The Description field contains further description of the commission plan if desired.
The Organization field associates the commission plan with a specific organization. Generally, the organization selected is the organization paying the commissions.
The Coordinator field ties the point person with the commission plan if any information about the plan needs further discussion. The Coordinator field links to the Employees service.
The Attachments tab lists any files relevant to the Commission Plans record.
The Comments tab contains any comments relevant to the Commission Plans record.
Commission Agreements Tab
The Commission Agreements tab contains all the Commission Agreements records associated with the Commission Plan. Each Commission Agreement record represents a sales representative or company that has an agreement for commissions.
Commission Plan Items Tab
The Commission Plan Items tab contains all the Commission Plan Items records associated with the Commission Plan. Each Commission Plan Item record represents a product or service that, if sold by a sales representative with a commission agreement record, can receive a commission.
Commission Source (Required)
The Source field contains the types of business transactions, such as orders, that are used in the Commission Plan. Order is the default option.
Start Date (Required)
The Start Date defines the beginning date for the Commission Plan. The date entered here flows down to the Commission Agreement records associated with this Commission Plan.
End Date (Required)
The End Date defines the last day the Commission Plan is in effect. The date entered here flows down to the Commission Agreement records associated with this Commission Plan.
If the user is trying to calculate commissions for sources (orders) outside the Commission Plan's date range, the attempt fails.
Commission Type options include Commissions or Royalties in the list. The data is for informational purposes only.
A commission plan's status is either active or inactive. The default is "Active." The status is for informational purposes only and does not prevent the Commission Plan from running.
The Scope field defines what is covered in the commission plan and whether or not the plan is for a department or the entire organization. The Scope field is for informational purposes only and does not affect the commission plan.
The Adjustment Information section determines how to handle paying commissions to sales representative for orders that have not been paid over a period of time. To prevent billing and payments from holding up granting a commission, the Adjustment Information section allows a commission to be paid initially and then revoked after a defined number of days if a payment is not received. Generally, if an order is never paid, a commission on that sale should not be paid either.
Reverse Unpaid Sources
Checking the Reverse Unpaid Sources option allows the unpaid orders to be included when calculating commissions. But, after a certain number of defined days, the payment on the commission is reversed by subtracting the amount from the next commission pay period when they are calculated.
The Unpaid Days field is activated when the Reverse Unpaid Sources check box is selected. The number of days entered in this field represents the number of days that the order can remain unpaid before the commission is reversed.
Repay Reversals if source is paid
The Repay Reversals if source is paid option is activated if the Reverse Unpaid Sources option is selected. If the order is paid after the number of unpaid days has passed, and the commission payment has been reversed, the commission is repaid to the sales representative when the wizard runs.
Rate Scales Tab
The Commission Rate Scales tab contains all the Commission Rate Scales records associated with the commission plan.