Sales Commission Pro overview
The following is a summary describing some of the features of the
Sales Commission Pro software module (also see
Platinum,
Plus and
Basic versions) and Sales Commissions frequently asked questions.
- The Sales Commission Pro module provides
numerous user selectable options to calculate and track sales commissions.
- Used as a stand alone sales commission module, no other software or modules are required.
- Sales details may be entered directly into the Sales
Commission Pro module, or automatically updated from the
Invoicing Platinum module.
- If the optional AccountPro Invoicing Platinum module is installed, interfacing of the
Sales Commission Pro module with the Invoicing Platinum module is automatic and requires no additional setup.
- Invoice posting details are automatically reflected in the
Sales Commission Pro module.
- Once transactions are posted in the Sales Commission
Pro module, or posted from the optional Invoicing Platinum module, commission details are immediately available in
the Sales Commission Pro module. This
will allow the generation of commission reports as often as required and as such
is not dependent on month or period end closings.
- Handles Split Commissions.
- Handles Sliding
Scale Commissions.
- Handles 2-tier Commissions.
- Handles multi-tiered Commissions.
- Calculates negative commission amounts for returns reducing the total commissions
payable to the salesperson.
- Handles calculation of commissions where commissions are paid on a recurring bases
such as, for example, in the insurance and healthcare industries.
- Recurring billings may be set for:
- Monthly recurring billings
- Quarterly recurring billings
- Annual recurring billings
billings with an end date for the recurring billings.
- May be used as an integrated module with Invoicing, or as a standalone Sales Commissions
calculating and reporting module.
- Option to flag invoice as paid to release commissions via interface to Accounts
Receivable (requires
Invoicing Platinum and
Accounts Receivable Platinum modules).
Sales Commission Tracking and Calculation
- Sales Commission calculations:
- A percentage, or percentages, specified for the salesperson.
- A percentage specified by item.
- Sales Commission on Gross Margins
- Quota based commissions with user defined levels.
- Quota based commissions may be calculated on value and or quantities sold for a
period.
- The Sales Commission Pro module provides
numerous user selectable options to calculate and track sales commissions.
- Sales details may be entered directly into the Sales
Commission Pro module, or automatically updated from the
Invoicing Platinum module.
- If the optional AccountPro
Invoicing Platinum module is installed, interfacing of the
Sales Commission Pro module with the
Invoicing Platinum module is automatic and requires no additional setup.
- Invoice posting details are automatically reflected in the
Sales Commission Pro module.
- Once transactions are posted in the Sales Commission
Pro module, or posted from the optional
Invoicing Platinum module, commission details are immediately available in
the Sales Commission Pro module. This
will allow the generation of commission reports as often as required and as such
is not dependent on month or period end closings.
- Handles Split Commissions.
- Handles Sliding
Scale Commissions.
- Handles 2-tier Commissions.
- Handles multi-tiered Commissions.
- Calculates negative commission amounts for returns reducing the total commissions
payable to the salesperson.
- Handles calculation of commissions where commissions are paid on a recurring bases
such as, for example, in the insurance and healthcare industries.
- Recurring billings may be set for:
- Monthly recurring billings
- Quarterly recurring billings
- Annual recurring billings
billings with an end date for the recurring billings.
- May be used as an integrated module with Invoicing, or as a stand alone Sales Commissions
calculating and reporting module.
- Option to flag invoice as paid to release commissions via interface to Accounts
Receivable (requires
Invoicing Platinum and
Accounts Receivable Platinum modules).
Sales Commission Tracking and Calculation
- Sales Commission calculations:
- A percentage, or percentages, specified for the salesperson.
- A percentage specified by item.
- Sales Commission on Gross Margins
- Quota based commissions with user defined levels.
- Quota based commissions may be calculated on value and or quantities sold for a
period.
- Sliding scale percentages based on recurring transactions, such as, for example,
in the insurance and health benefit industry.
- Recurring billings may be set for:
- Commission Tiers
- Commissions calculated based on attainment levels
- Various other options to calculate commissions based on gross margins, net cost,
selling price, etc.
- Option to allow commissions to be calculated by salesperson or product. For example,
some employees may be set to calculate their commissions based on a salesperson
commission percentage, while others may have their commissions calculated based
on a commission percentage of gross sales, gross margin or one of the various commission
formulas for a particular item.
- Calculates split (multi-level) commissions, for example, salesperson, inside sales
manager, branch manager and so on.
- Handles base amount plus commissions.
- Supports commission draws.
- All Salesperson, Item and Commission details may be added to, or changed at anytime.
- Commission payable amounts may be changed on a transaction by transaction bases
if needed. The system will maintain the original commission amount calculated, the
adjustment and the net adjusted commission amount.
- Commission payable amounts may be placed on hold and released for payment at a
later date on a transaction by transaction bases.
- Tracks billing and commission history per client and contract or policy if billings
are of a recurring bases, such as, for example, in the service, maintenance, or
policy, service or maintenance based industry.
- Recurring transactions are supported to handle, for example, commissions on insurance
or benefit policies, service and maintenance contracts.
- Credit notes result in commission claw backs.
- There is no limit to the number of salespersons, products, transaction details,
or history the Sales Commission Pro module can contain.
Sales Commission Retrieval & History
- Using pop-up windows make it easy to look for salesperson, product, client billings
and commission details in the Sales Commission Pro software module.
- Sales commission history may be kept on file as long as required.
- Unlike spreadsheets which do not provide an audit trail, an audit trail is kept
of all commission transactions which may be filtered by - Salesperson, Date, Customer,
Branch, Product and so on.
Sales Commission Reports
- Sales Commissions Pro may be used as a standalone sales commission reporting module,
or integrated with the optional Invoicing Platinum module.
- The Sales Commission Pro software module will retain a history of all sales transactions
for as long as required.
- Commission reports may be printed as soon as transaction details are posted from
the Sales Commission Pro or optional
Invoicing Platinum
module and are not dependent on month end or period end closings and as such may
be printed daily, weekly, bi-weekly, bi-monthly or monthly as your needs dictate.
- The commissions report will show each item sold with the commission amount calculated
for each item.
- The report shows a status flag indicating if the commission is to be paid, has
been paid, or placed on hold.
- Commission amounts are sub-totaled by Salesperson and a total commission amount
is calculated for the report.
- If manual adjustments have been made to the calculated commission amount, the original
calculated commission, adjustment and net commission payable amount is shown.
- The Sales Commissions Earned report by Customer will print the Invoice Date, Invoice
number, Customer ID, Product Description, Commission ID, Status and Pay Code, Quantity
sold, Price , Total Invoiced and Commission Earned with subtotals for each Customer
and totals for the report. The Report my be printed for a specified date range (starting
and ending date), order number, invoice number, invoice date, customer, customer
purchase order, salesperson, product, transaction type, branch and period ranges.
- The Sales Commissions Earned report by Salesperson will print the Invoice Date,
Invoice number, Customer ID, Product Description, Commission ID, Status and Pay
Code, Quantity sold, Price , Total Invoiced and Commission Earned with subtotals
for each Salesperson and totals for the report. The Report my be printed for a specified
date range (starting and ending date), order number, invoice number, invoice date,
customer, customer purchase order, salesperson, product, transaction type, branch
and period ranges.
- Sales Commission Paid Report will indicate details such as sales person, invoice or transaction number, invoice or transaction date, customer, check number, check date, check amount.
- All reports in the Sales Commission Pro software module may be filtered by selectable
criteria. For example, you may wish to print a report for a certain sales period,
product, salesperson, customer, branch, etc.
Sales Commission Pro Optional Interfacing with:
Invoicing
- Transactions from the optional Invoicing Platinum module are posted to the Sales
Commission Pro module.
Accounts Receivable
- If the optional Accounts Receivable Platinum module is installed, the program can
be set to payout the commission when either all or part of the receivable has been
paid by the customer.
- If the program is set to pay out a percentage of the commission to be paid, the
Sales Commission module will calculate the percentage of commission to be paid based
on the percentage of the invoice paid-to-date.
Sales Commission Export Platinum add-on module
- Using the optional
Sales Commission Export Platinum add-on module, you can export customer list,
vendor lists and transactions to CSV files.
- If the AccountPro Accounts Payable moduile is installed, commission payables can
be exported to the A/P module. Once exported to the Accounts Payable module, payable
details may be edited prior to the printing of checks. Printing checks from the
A/P module may be filtered by employee, date and other filter options.
Sales Commission by Zip Platinum add-on module
Import module
- Using the optional
Import module, you can import customer, vendor, product lists and transactions
from ASCII or CSV
files. CSV files can be generated from a spreadsheet.
- Transactions
- To save from having to key in the transaction details from another accounting system,
the sales commission program can import key details from an ASCII or CSV file, which
after import into the Sales Commission module, may be edited if required before
posting the transactions in the Sales Commission module.
- Customer Lists
- Salesperson Lists
- Vendor Lists
- Sliding scale percentages based on recurring transactions, such as, for example,
in the insurance and health benefit industry.
- Recurring billings may be set for:
- Monthly
- Quarterly
- Annual
- billings with an end date for the recurring billings.
- Commission Tiers
- Commissions calculated based on attainment levels
- Various other options to calculate commissions based on gross margins, net cost,
selling price, etc.
- Option to allow commissions to be calculated by salesperson or product. For example,
some employees may be set to calculate their commissions based on a salesperson
commission percentage, while others may have their commissions calculated based
on a commission percentage of gross sales, gross margin or one of the various commission
formulas for a particular item.
- Calculates split (multi-level) commissions, for example, salesperson, inside sales
manager, branch manager and so on.
- Handles base amount plus commissions.
- Supports commission draws.
- All Salesperson, Item and Commission details may be added to, or changed at anytime.
- Commission payable amounts may be changed on a transaction by transaction bases
if needed. The system will maintain the original commission amount calculated, the
adjustment and the net adjusted commission amount.
- Commission payable amounts may be placed on hold and released for payment at a
later date on a transaction by transaction bases.
- Tracks billings and commissions history per client and contract or policy if billings
are of a recurring bases, such as, for example, in the service, maintenance, or
policy, service or maintenance based industry.
- Recurring transactions are supported to handle, for example, commissions on insurance
or benefit policies, service and maintenance contracts.
- Credit notes result in commission claw backs.
- There is no limit to the number of salespersons, products, transaction details,
or history the Sales Commission Pro module can contain.
Sales Commission Retrieval & History
- Using pop-up windows make it easy to look for salesperson, product, client billings
and commission details in the Sales Commission Pro software module.
- Sales commission history may be kept on file as long as required.
- Unlike spreadsheets which do not provide an audit trail, an audit trail is kept
of all commission transactions which may be filtered by - Salesperson, Date, Customer,
Branch, Product and so on.
Sales Commission Reports
- Sales Commissions Pro may be used as a standalone sales commission reporting module,
or integrated with the optional Invoicing Platinum module.
- The Sales Commission Pro software module will retain a history of all sales transactions
for as long as required.
- Commission reports may be printed as soon as transaction details are posted from
the Sales Commission Pro or optional Invoicing Platinum
module and are not dependent on month end or period end closings and as such may
be printed daily, weekly, bi-weekly, bi-monthly or monthly as your needs dictate.
- The commissions report will show each item sold with the commission amount calculated
for each item.
- The report shows a status flag indicating if the commission is to be paid, has
been paid, or placed on hold.
- Commission amounts are sub-totaled by Salesperson and a total commission amount
is calculated for the report.
- If manual adjustments have been made to the calculated commission amount, the original
calculated commission, adjustment and net commission payable amount is shown.
- The Sales Commissions Earned report by Customer will print the Invoice Date, Invoice
number, Customer ID, Product Description, Commission ID, Status and Pay Code, Quantity
sold, Price , Total Invoiced and Commission Earned with subtotals for each Customer
and totals for the report. The Report my be printed for a specified date range (starting
and ending date), order number, invoice number, invoice date, customer, customer
purchase order, salesperson, product, transaction type, branch and period ranges.
- The Sales Commissions Earned report by Salesperson will print the Invoice Date,
Invoice number, Customer ID, Product Description, Commission ID, Status and Pay
Code, Quantity sold, Price , Total Invoiced and Commission Earned with subtotals
for each Salesperson and totals for the report. The Report my be printed for a specified
date range (starting and ending date), order number, invoice number, invoice date,
customer, customer purchase order, salesperson, product, transaction type, branch
and period ranges.
- All reports in the Sales Commission Pro software module may be filtered by selectable
criteria. For example, you may wish to print a report for a certain sales period,
product, salesperson, customer, branch, etc.
Sales Commission Pro Optional Interfacing with:
Invoicing
- Transactions from the optional Invoicing Platinum module are posted to the Sales
Commission Pro module.
Accounts Receivable
- If the optional Accounts Receivable Platinum module is installed, the program can
be set to payout the commission when either all or part of the receivable has been
paid by the customer.
- If the program is set to pay out a percentage of the commission to be paid, the
Sales Commission module will calculate the percentage of commission to be paid based
on the percentage of the invoice paid-to-date.
Sales Commission Export Platinum add-on module
- Using the optional
Sales Commission Export Platinum add-on module, you can export customer list,
vendor lists and transactions to CSV files.
- If the AccountPro Accounts Payable moduile is installed, commission payables can
be exported to the A/P module. Once exported to the Accounts Payable module, payable
details may be edited prior to the printing of checks. Printing checks from the
A/P module may be filtered by employee, date and other filter options.
Sales Commission by Zip Platinum add-on module
Import module
- Using the optional
Import module, you can import customer, vendor, product lists and transactions
from ASCII or CSV
files. CSV files can be generated from a spreadsheet.
- Transactions
- To save from having to key in the transaction details from another accounting system,
the sales commission program can import key details from an ASCII or CSV file, which
after import into the Sales Commission module, may be edited if required before
posting the transactions in the Sales Commission module.
- Customer Lists
- Salesperson Lists
- Vendor Lists