Calculate commission based on Percentage + Total Invoice amount
- Choose Percentage option under Commission type.
- Choose Total Invoice amount under Amount to calculate.
- Choose Ladder of Invoice option under Commission policy type.
- Enter the From amount, To amount and Commission
Go to Applicable staff menu under Commission module from the left sidebar and assign this program to employee.
- Create an invoice and select the sales agent as on of the employees assigned to the program
- 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
- Choose Percentage option under Commission type.
- Choose Profit under Amount to calculate.
- Choose Ladder of Invoice option under Commission policy type.
- Enter the From amount, To amount and Commission
- Go to Applicable staff menu under Commission module from the left sidebar and assign this program to employee.
- Create an invoice and select the sales agent as on of the employees assigned to the program
- Create payment
Total profit = ( Sale price - Purchase Price) * Quantity - 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