Sales Commission Platinum overview summary
The text below outlines some of the features of the Sales Commission Platinum software module.
- The Sales Commission Platinum module includes user selectable options to calculate sales commissions.
- Sales details could be either entered directly into the Sales Commission Platinum module, or automatically updated from the Invoicing Platinum module
- As transactions are posted, earned commission reports may be printed. Generate commission reports as transactions are posted and as such are not dependent on month or period end closings.
Sales Commission Calculations
- Sales Commission calculations:
- A percentage specified for the salesperson.
- A percentage specified by item (an item may represent a product, service rendered, labor, policy invoice, invoice, etc).
- Calculate tiered commissions.
- Calculates commissions 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 or one of the various commission formulas for a particular item.
- Supports sales commission draws.
- All Salesperson, Item (product or service) 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.
- Payable commissions amounts may be placed on hold and released for payment at a later date on a transaction by transaction bases.
- Tracks commission history per client.
- Credit notes result in commission claw backs.
- There is no limit to the number of salespersons, products, transaction details, or history the module may hold.
Sales Commission Retrieval & History
- Using pop-up windows make it easy to look for salesperson, product, client billings and commission details in the 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 Platinum may be used as a standalone sales commission reporting module, or integrated with the optional Invoicing Platinum module.
- The Sales Commission Platinum 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 module or from the 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.
- A 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.
- A 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 Platinum 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 Platinum supports interfacing with several optional modules:
Invoicing Platinum
Sales Commission Export Platinum add-on module
Sales Commission by Zip Platinum add-on module
Import module
Matrix comparing options in each of the Basic, Plus, Pro and Platinum versions.