How to setup future commissions

How to setup future commissions

Future commissions help with three main things:

  1. Tracking all future expected commissions
  2. Verifying that payments are made, and amounts are correct
  3. Generates a book of business showing value of all future contracts

  1. Go to 'Settings' > 'Future Commission Rules' and click on 'Add New Rule' and create your rule. 
  2. Attach the rule to the contract source opportunity. This generates a future commissions ledger which contains all the expected commissions to be paid in future. 
  3. Import payments or commissions making sure you link the imported record to the contract source opportunity.  These will reconcile and produce a report that identifies 'Matched', 'Matched with Errors' or 'Payment Missing'.
     

  4. Finally, you have the future commissions report where you can see the 'Book of Business' or values of all the future commissions you should receive.
Like this feature? Book a demo with us here: https://www.commissionly.io/commission-software-demo/.