In our previous blog posts, we have explored numerous features of our Sales Commission application. In this blog, we will discuss the process of converting the Pending Commission status to Completed.
To ensure accurate calculation of sales commission, it is important to assign a valid commission group to Sales Orders, Sales Invoices, and AR Invoices. This commission group should include at least one commission type and an employee with a total split percentage of 100%.
To check the valid commission groups, follow these steps:
• Navigate to Sales Commission.
• Go to Commission Group.
• Select “View” and choose “Valid Groups”.
All the valid groups will be displayed as shown in the below image:
In invoice (INV-27042023_2), status is pending.
Click on AR Invoice Detail Commission (59772) >>> Edit >>> Assign valid commission group and commission type >>> Save.
When we assigned a valid commission group and commission type to invoice, the status will change to Completed after commission calculation.
Now, these invoices will display in the Post Commission, where we post the commission.
Navigate: Sales Commission >>> Post Commission >>> View >>> Select as per invoice number (INV-27042023_2) >>> Post.
We can see the GL entry of commission posted.
Navigate to see assigned Journal symbol: Sales Commission >>> Configuration >>> view Configuration >>> Sales Commission Posting – Sales Commission Journal (SCJ)
Then Go to General Ledger >>> Journal Entries >>> Search Symbol (SCJ) >>> view transaction.
>>> Type invoice number in reference number (INV-27042023_2) >>> view.
After post commission, as we set pay commission on as Fully Paid Invoice, we must pay the invoice amount.
The fully paid invoice will be displayed on the Pay Commission, we must select it and post. The commission will be paid to that assigned employee.
Navigate: Sales Commission >>> Pay Commission >>>use filter Type as Fully Paid Invoice >>> select the records >>> Post.
We can see the GL entry of commission paid.
Navigate: General Ledger >>> Journal Entries >>> Search Symbol (CPJ) >>> view transaction >>> Type invoice number in reference number (INV-27042023_2) >>> view.
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