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Commission Values and Calculations

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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

Job

Price Inc

Commission is calculated as a percentage of the total job value including tax.

Job

Price Ex

Commission is calculated as a percentage of the total job value excluding tax.

Job

Profit

Commission is calculated as a percentage of the total job profit excluding tax.

Stock

Price Inc

Commission is calculated at an individual stock level as a percentage of the stock selling price including tax.

Stock

Price Ex

Commission is calculated at an individual stock level as a percentage of the stock selling price excluding tax.

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:

Commission Sessions

Commission Security

Commission Session

Create Commission Session

Commission Options

Commission Session List Mode