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Commission Plan Name - Enter a unique name for the commission plan. Description - Enter a description detailing the commission. Entity Names - Click the combo box button and select the entities that will be on this plan. This field will allow you to select multiple entities. Commission Basis - Click the combo box button and select the basis for the commission. Options are Hours, Revenue, Units, and Conditional. Payment Received Required - If checked, in order to calculate for commission, payment must be received on the commission basis above. Calculation Type - Click the combo box button and select the how the commission will be calculated. Options are Percentage, Flat Amount, and Amount per Unit Calculation Amount - Enter the amount of calculation. Foe example, 7% or .01 per unit or $10,000 flat amount. Hurdle - Enter the unit/amount that must be reached before the commission will be issued. Hurdle Annual/Monthly - Select the combo box button and select yhe Hurdle Fixed or Draw - Options are Fixed and Draw. GL Account - Click the combo box button and select the GL Account to be associated to the incentive. Starting Date - Enter the effective date of the commission plan. Ending Date - Enter the last day the commission plan will be effective. Active - Check if the commission plan is still active. |
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