Commissions
Search and sort the Commission tab in opportunities
The system makes it easy to find and organize commission information within the Opportunities. Just type in keywords to search for what you need quickly and effortlessly sort columns as needed.
How to select all commissions
If you need to select all commission plans, you can either choose to select all from the first page or select all that are built into the system. This feature is useful for commission processing. 1. To select all from the first page, click on the ...
Delimiter on Lookup Tables
The system offers an option to choose a delimiter on lookup tables. To do so: 1. Select "Lookup Tables" from the main menu. 2. Navigate to the lookup table ID for which you want to choose a delimiter. 3. In the "Edit Table" section, select the ...
How to add individual lookup tables to the main menu
Commissionly provides the option to include individual lookup tables in the main menu for convenient accessibility. Go to Lookup Tables > Table ID > Edit Table Then select 'Add to Main Menu' and 'Update'
Background process selected commissions
This is a time-saving feature that allows you to process selected commissions in the background. Go to: Commissions > Select commission plans you need to process > Process > Background Process Selected It also gives a possibility to background ...
How to customize commission plans
Go to 'Settings' > 'Commissions'. All additions can be found here. Edit and toggle on or off the necessary features as required.
How to edit your unpaid commissions
Go to 'Settings' > 'Commissions' then click on the Unpaid Commissions Tab. Here you can choose to process your unpaid commissions, show them on your dashboard or select a status to exclude from your unpaid commissions. Like this feature? Book a demo ...
How to view all your opportunity statuses
Generates a report of your opportunities along with the status of each. Go to 'Reports' tab on your menu bar and select 'Opportunity Statuses'. Here all opportunities , the status of the opportunities, their owners and the status dates can be viewed. ...
How to setup future commissions
Future commissions help with three main things: Tracking all future expected commissions Verifying that payments are made, and amounts are correct Generates a book of business showing value of all future contracts Go to 'Settings' > 'Future ...
Does Commissionly allow me to split commission between two or more sales reps?
Yes, Commissionly splits the revenue, not the commission. Create a Split Commission using the following link: How to Create a Split Commission.
How to setup commission clawbacks
Enable 'ClawBacks' from 'Settings'. Go to 'Opportunities' and select opportunity. Click on the 'Clawback' button. Observe the status as 'Pending'. Click on the status and set the status to 'Approved'. Click on 'Save'.
How to create Activity-based commissions
To create activity based commission, it needs to be enabled from 'Settings'. Go to 'Events' and select the event. Add the activity & its quantity. Click on 'Add Target' and select the target type of 'Activity Volume'. Add activity and 'Update ...
How to setup a commission using Formula Builder
Go to 'Commissions'. Edit the selected commission. Click through until you get to the Formula Builder step. Create one or more formulas to apply to the selected commission plan. For more information, use the attached document.
How to lock commission periods
Note: 'Period Locked Commissions' is a feature that enables the user to lock opportunities associated with a particular period of commission plan and disables the user to do any modification on the opportunity. Go to 'Settings' > 'Commissions' > ...
How to create an qualifying criteria formula within a commission plan
Commissions > Add Commission > Select Target > Build Commission Click on 'Next' to add criteria tier Click on 'Save Commission' For a more details, please click on How to add criteria to commission.
If my commission structure involves multiple variables, can Commissionly handle it?
Yes, Commissionly has what is called a Matrix Commission feature, which allows for multiple variables in the commission structure. You will need to toggle this permission 'ON' within Settings Page.
Can Commissionly manage overrides?
A commission paid on the sales someone else makes. You can create an override using the below link: How to create an override.
Will my sales reps see each others' commission data on the dashboard and in reports?
This is optional. You can allow them to see each other's commission data or you can choose to ensure that each rep only has access to their own commission data. Managers will be able to view their team’s information. By default, only administrators ...
How to add a draw
Enable 'Draws' from 'Settings'. Go to 'Draws' and click on 'Add Draw'. Select user to receive the draw and click on 'Next'. Add all other necessary details and click on 'Save Draw'.
How to view or modify a matrix commission
Go to the 'Settings' > 'Commissions' and toggle on 'Matrix Commissions'. Click on the 'Commissions' from the menu options and select the Commission ID. Click 'Next' and update the fields where necessary to complete the commission plan. Click on 'Save ...
How to pay multiple-stage commission
If different individuals receive commission at different stages of a deal, you need to prepare your data file first to make sure all individuals receive their commission. Below is an example of what that data file should look like: Along with the ...
How to create a step up or step down commission
Enable 'Stepped Commission Plan (Revenue Only)' from 'Settings'. Create a target of type 'Total Sales Revenue'. Click on the 'Commissions' > 'Add Commission'. Click on 'Next' to add steps of commission plan. Click on 'Next' to set criteria and save ...
How to create an override
Click on the 'Commissions' and go to the 'Add Commission' tab and fill in the necessary details. Click on 'Next', fill in the details and toggle on 'Is Override'. i. Toggle 'Is Override' ii. 'Group Achieves Target' (the team must achieve a target as ...
How to create a split commission
Click on the 'Opportunities' and select the opportunity. Under the 'Splits' tab, click on 'Add Split'. Select the person and click on 'Add Person'. Add split percentage.
How to create a matrix commission
Enable 'Matrix Commissions' from 'Settings'. Click on the 'Commissions' > 'Add Commission'. Add the details and toggle on 'Matrix Commission'. Click on 'Next' to add row. · Parameter value depends on the module selected · Module can be renamed from ...
How to create a recurring commission
Enable the 'Recurring Commission' permission within 'Settings'. Click on 'Commissions' and go to the 'Add Commission' tab and fill in the necessary details. Check the 'Pay Recurring Commission' box. '# of recurrences' is the duration of the ...
How to add or update product information
How to Add a Product: Click on 'Opportunities' and select the opportunity to add a product to. Under the 'Products' tab, click on 'Add Product', update the quantity and click on 'Add Products'. How to Update Product Information: Click on 'Products' ...
How to view a payee's commission
Rules to View a Payee's Commission: Viewing commissions are based on permissions assigned to a user. - An admin can see all commissions by default. - A payee can see all their commissions by default. - A team leader can see all the commissions of his ...
How to add criteria to commission
Click on 'Commissions' > 'Add Commission' and fill in the necessary details. Click 'Next'. Fill in the necessary details then click 'Next'. Click on 'Add Criteria Tier'. Alias: it’s a system given identity to the criteria Module Name: Tier comes from ...
How to create a tier in commissions
Create a Tier for Category Type - Revenue or Profit: Click on 'Commissions' > 'Add Commission' and fill in the details. Click on 'Next' and fill in the details. If the opportunity is $1,000 worth of sales, they will be commissioned $50. If the ...
How to create a commission based on a product
Note: Confirm that your Target Type includes 'Product Unit or Sales' and is based on 'Total Product Sales or Individual Products' Click on 'Commissions' > 'Add Commission' and fill in the details. Click 'Next'. Select the 'Commission Type' (e.g. Per ...
How to create a commission based on sales revenue or profit
Amount of compensation paid to a Sale Rep based on the amount of sales generated or an incentive awarded for achieving sales targets: REVENUE BASED COMMISSION a fixed amount on sales achieved or a percentage of the total revenue generated in sales ...