Commission Sessions Setups

Before starting, there is some configuration required via Tools > Options > Stock > Stock Pricing. Tick I use Commission Sessions. More refined selections can also be made in this area, such as commission calculation method, etc.

Option	Default Value	Description
I use Commission Sessions	Unticked	Tick to enable Commission Sessions.
Calc commission based on	Stock	Select the default way to base calculated commissions on: ▪Stock – Commission is calculated at a stock level ▪Job – Commission is calculated at a job total level.
Commission calc method	Profit	Select the default method to calculate commission on: ▪Price Inc ▪Price Ex ▪Profit.
Pay to	Account Manager	Select the user the commission is payable to: ▪Account Manager ▪Name ▪Other.
Start Commissions From	blank	Enter a date here to filter out jobs invoiced prior to this date.
Pay on	Date Out	Choose from pay on the date out or the date paid.
Fully Paid	Unticked	When ticked, include only fully paid jobs in Commission Sessions.
Total <> 0	Unticked	Unticked, include jobs with a non-zero value.

These are set up on the Details tab of stock codes.

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.

Exclude from Commissions is self explanatory.