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Commission Tracking - Checklist |
  
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Commission Tracking - Checklist |
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If you are planning to use the Commission tracking function in POSitive, please review these areas. (Feature not available in Standard Edition.)
___ System Setup: General Setup: Activate Track Commissions and select either "Profit" or "Selling Price" as the basis of commission calculation.
___ Cost Basis: Actual / Last Cost ___ Allow Zero Cost [otherwise use last cost that is not zero]
___ Each inventory item must have a commission percentage or fixed dollar value listed on the Defaults tab of the inventory item.
___ Consider using the Category Default for Commission to automatically set commission percentages as soon as a new inventory item is created.
___ Consider setting commission percentage to just 1% (1.00) for all inventory items if you want to pay employees at different rates. When all items are flagged at 1% then commission amounts for a senior sales person earning 20% and a junior sales person earning 10% are a simple mathematical calculation.
___ On the Management master menu, process commission payouts on a regular basis. (see Commissions)
___ Remember that return invoices will charge back commissions from the sales person.