Sales Commission app assists Sage Intacct users to automate commission processing. It helps to simplify commission tracking and ensures accurate commission calculations and payments after setting up Commission Structure . Based on entered structure, commissions are calculated on sales transactions. Using this, Sage Intacct user can easily do the commission calculations and automate commission posting and payments on sales transactions.
Once, the commission is calculated, we have to Post the calculated commission. The Post Commission is discussed in our earlier blog: Commission calculations and postings . After posting the commissions, we have to pay that commission to the respective sales representative which is further explained in this blog.
For Pay Commissions, our application provides you a custom screen, which helps you to pay calculated commissions to the employees. This screen shows the unpaid Invoices from the View Employee Commission list screen.
To view this screen, go to the Sales Commission menu→ Pay Commission.
Here, you can filter the records based on Invoice Date, Employee and Commission group used in the transaction as per our commission structure.
After applying the filters, click ‘View’ and a list of unpaid commission of invoices within the filtered range will be shown as below image.
After selecting the records in the list, click on ‘Post’ button. Based on the Payment Method of Employee, as we assigned on the employee screen, either a Journal Entry or an AP Bill or Manual Payment method. After completion of the process, it will update the payment status of the selected entries. Based on the Payment Method of Employee, either a Journal Entry settling the previously recorded Commission expenses is created or an AP Bill is created. If Manual Payment is opted, only the status of that selected entry is updated to Paid assuming the payment will be settled by some outward sources.
You can see the updated and paid commission entries in the View Employee Commission list.
Here, you see the details related to the payment of those entries. The status as Paid and commission paid date, commission amount to the sales representative. This is how a commission is paid to the respective Salesperson or employee using Pay commission.
Greytrix – a globally recognized and one of the oldest Sage Development Partner is a one-stop solution provider for Sage ERP and Sage CRM organizational needs. Being acknowledged and rewarded for multi-man years of experience and expertise, we bring complete end-to-end assistance for your technical consultations, product customizations, data migration, system integrations, third party add-on development and implementation competence.
Greytrix has a wide product range for Sage Intacct- a Cloud ERP. This includes migrations from QuickBooks | Sage 50 | Sage 100 | Sage 300 to Sage Intacct. Our unique GUMU™ integrations include Sage Intacct for Sage CRM | Salesforce | FTP/SFTP | Rev.io | Checkbook | Dynamics 365 CRM | Magento | Rent Manager | Treez | Avalara Avatax | Blackline SFTP. We also offer best-in-class Sage Intacct Development Services, Consulting services, integrated apps like POS | WMS | Payroll | Shipping System | Business Intelligence | eCommerce for Sage Intacct to Sage business partners, resellers, and Sage PSG worldwide. Greytrix constantly develops apps, products, and add-ons to enhance user experience. Sage Intacct add-ons include AR Lockbox File Processing.
Greytrix GUMU™ integration for Sage CRM – Sage Intacct, Sales Commission App for Sage Intacct, and Checkbook.io ACH/Digital Check Payments for Sage powered by GUMU™ are listed on Sage Intacct Marketplace.
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