You can setup multiple commissions for your company. Each of your personnel can have a subset of these commissions. In this page you will discover how to set these up.
When you are in commissions page you will see a table similar to the following. (Note as in this example there are two commission rates defined)
- Alias - Name/Description of the commission rate. Note that if you don't fill in his field the commission will be described with its value (Amount)
- Amount - Where you define the value of the rate
- Comm Type - Definition of the commission type. You have three types of commissions
- Amount - Nominal value of the commission (amount added to the base value)
- Percentage - A percentage applied to the base value ( Commission= % x Base Value )
- Loading - A percentage applied to the net value ( Commission= Base Value/[(100-%)/ 10] )
For a better understanding lets look at an example. The following the table shows an example where the commission is calculated for each case
| Type Comm | Base Value |
Amount Comm |
Calculating Commission |
Commission |
Calculating Net Value |
Net Value |
| Amount | £10 |
£1 |
1 |
1 |
10+ 1 |
£11 |
| Percentage | £10 |
10% |
10* (10/ 100) |
1 |
10+ 1 |
£11 |
| Loading | £10 |
10% |
10/ [ (100- 10)/ 100 ] |
1.111 |
10+ 1.111 |
£11.111 |
N.B. Note that the commission value for Loading case is equal to 11.111* (10/ 100) = 1.111
