Qcommission Product Requirements!

Type of Business:Example of answer:-1. Technology and VAR 2. Medical Devices and Direct Sales 3. Staffing

Where do you maintain your sales/ service details on which the commission has to be paid ? ---- ("1. QuickBooks, if yes pl mention Edition & Version (e.g. QB US Premier 9.0)2. MS Excel 3. Salesforce.com 4. Other - specify If other, please explain")

What Kind of Transactions do you want to calculate commissions? ----- ("1. QuickBooks Invoices, or Sales Orders 2. Loan Originations 3. Insurance Carrier Transactions 4. Excel Transactions If other, please explain" )

Do you want to calculate commissions on Unpaid Invoices or Paid Invoices or Other. ---( "1. Yes, QuickBooks Invoice has REP field assigned. 2. Yes, QuickBooks Customer screen has REP field assigned 3. Yes, I can identify Payee ID/Name on my Excel Transaction file. 4. No, (How do you identify who gets commission for the Transactions(Invoice))")

Can more than 1 Payee get commissions for the same Invoice. If yes, how do you identify the other Payee.

"1. No, Always 1 Payee per Invoice. No Splits

2. Yes, some times 2 payee might split. We Identify in REP field with both payee's ID. Split percent is 50/50.

3. Yes, Payee assigned on the Invoice gets commisssion and his Manager gets override always but his ID is not on the Invoice."

Do you calculate differently for different product/Item.

"1. No, All products are calculated the same way.

2. Yes, I have 2 product categories, a. Hardware - It is calculated at x% b. Software - It is calculated at y%

3. Yes, all Inventory items are calculated at $5 per Quantity and all non-inventory items are calculated at $10 per Quantity."

What do you Pay commissions on

1. Sales Amount (Invoice/Revenue amount)

2. Gross Profit

3. Number of Units

Explain how you are currently calculating commissions.

"1. Take the Sales Amount and calculate at a flat commission rate.

2. Calculate Gross Profit first and then calculate at a flat commission rate.

3. Calculate Gross Profit percent and calculate at a tier rate

4. Discounting is done. And comm rate changes based on margin level."

Explain any exception calculations

"1. Take credit memos and reduce commissions

2. Voided invoices should charge back commissions"

What was method of commission calculation before Qcommission.