Ladder of invoice-Percentage

Calculate commission based on Percentage + Total Invoice amount

  1. Choose Percentage option under Commission type.
  2. Choose Total Invoice amount under Amount to calculate.
  3. Choose Ladder of Invoice option under Commission policy type.
  4. Enter the From amountTo amount and Commission

  5. Go to Applicable staff menu under Commission module from the left sidebar and assign this program to employee. 

  6. Create an invoice and select the sales agent as on of the employees assigned to the program 

  7. Create payment

    amount = Total Paid -[ Total Tax * ( total Paid / total)] = 5800 -[275*(5800/5800)] = 5525
    Commission received = (3000-0) * 0.02 + (5000-3000) * 0.03 + ( 5525-5000) * 0.04


Calculate commission based on Percentage + Profit

    1. Choose Percentage option under Commission type.
    2. Choose Profit under Amount to calculate.
    3. Choose Ladder of Invoice option under Commission policy type.
    4. Enter the From amountTo amount and Commission

    5. Go to Applicable staff menu under Commission module from the left sidebar and assign this program to employee. 
    6. Create an invoice and select the sales agent as on of the employees assigned to the program 
    7. Create payment
      Total profit = ( Sale price - Purchase Price) * Quantity 
    8. Commission received = Total profit * Commission(%) * ( total Paid/total).
      In case the total invoice profit exceeds the maximum profit (To amount) set in the program, Only commission is calculated with profit = To amount
      Ex: Total Profit = ( Sale price - Purchase Price) * Quantity = (1212-1200) * 1 = 12  and half paid

      This profit belongs to level 1 of the program

      Commission received = Total profit * Commission(%) * ( total Paid/total) = 12*0.02 * (606/1212) =0.12

    Did you find this article useful?