Commission values
Commission values are comprised of three components:
Commission Component |
Description |
|---|---|
Commission floor cost |
Used when calculating commission based on profit. If a commission floor cost is entered, profit calculations will use this value rather than the actual cost. For example, floor cost $1,000, actual cost $945, profit based on $1,000 floor cost. |
Commission Percent |
Percent of commission to be paid depending on commission method. Either price inc, price ex, or profit. |
Commission Extra $ |
A flat dollar amount paid per stock sold. For example, $100 for every 50 sold. |
All three components can be combined, for example 10% commission of profit based on floor cost plus an extra $10.
Commission calculations
Commissions are calculated at either a total job level or an individual stock level, and can be used the following ways:
Calc By |
Method |
Description |
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|---|---|---|---|---|
Job |
Price Inc |
Commission is calculated as a percentage of the total job value including tax. |
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Job |
Price Ex |
Commission is calculated as a percentage of the total job value excluding tax. |
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Job |
Profit |
Commission is calculated as a percentage of the total job profit excluding tax. |
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Stock |
Price Inc |
Commission is calculated at an individual stock level as a percentage of the stock selling price including tax. |
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Stock |
Price Ex |
Commission is calculated at an individual stock level as a percentage of the stock selling price excluding tax.
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Stock |
Profit |
Commission is calculated at an individual stock level as a percentage of the stock profit excluding tax. |
In all cases, only stock codes that are not excluded from commission are included in commission calculations.
Further information