General Ledger Account Setup
When you setup commissions using the Setup Wizard, you might have selected the option already to make all general ledger accounts commissionable. This will mark all G/L Accounts that existed during the setup process as commissionable. Any new G/L accounts will have to be setup manually to make them commissionable. If any G/L Account is not setup to be Commissionable, the system will not calculate commissions for this G/L account, even if commission rates are setup.
Commissions
Commissionable | Defines whether this G/L Account is commissionable or not. Each individual G/L Account can be configured, if salespeople should receive commissions when this G/L Account is sold or not. |
Calculate Commissions on | The general setup is done in the Commission Setup and it can also be changed on an individual salesperson. If you have G/L Accounts where commissions should be calculated differently, you can define the different setups here. - blank: If you select the blank value, the commission calculation for this G/L Account will be based on the method defined in the Commissions Setup or the Salesperson Card. - Gross Profit: Commissions are calculated on the difference between Sales Amount and Cost - Sales: Commissions are calculated on the sales amount - Quantity: The commissions are calculated based on the quantity that is sold. This is primarily important for royalty payments. |
Maximum Commission | Specifies the maximum commission amount that should be paid for this G/L Account within the Maximum Commission Timeframe. If the commissions calculated within the time frame is greater than the maximum amount defined, the remaining commission will be marked as ineligible and not paid out. |
Maximum Commission Timeframe | The time frame for which the Maximum Commission amount defines the maximum commission that can be paid out. |
Fixed Commission Margin | If you want to define a margin to be used for commission calculations when you calculate commissions based on the Gross Profit regardless of the actual costs, you can define a fixed margin here. |