Commission Agent is useful for many businesses. Businesses pay sales agent/commission agent commission on every sale they bring.
Enabling & Choosing Commission Agent Type:
By default Commission Agent is Disabled. You can enable it from Settings -> Business Settings -> Sales. Sales Commission Agent drop-down.
You will see 3 different types:
- Logged in User: If this option is used then the Logged in User will be automatically considered as the commission agent for the sales added by him. Meaning the user adding the sales will get the commission for the sales.
- Select from User’s List: If this option is enabled then in POS & Sales Screen you will see the list of “users” present in your business. The user adding the sales will select the commission agent from the list of users displayed.
- Select from Commission Agent List: If this option is enabled then in POS & Sales Screen you will see the list of “Sales Commission Agents” present in your business. The user adding the sales will select the commission agent from the list of “Sales Commission Agents” displayed.
Select the option as per your business requirements.
Adding Commission Percentage:
You can add commission % while adding/editing the User or Sales Commission Agent
Calculating Commission Amount:
To See the commission amount, Go to Reports -> Sales Representative Report.
Select the User for which you want to see the commission amount.
On selecting it will show you the detailed summary of Total Sale, Total Sale Commission & Total Expense. Also, the table below lists all the transactions.
NOTE: Sales commission is calculated without shipping or tax. Sales commissions are from the sales of the items, not the overhead cost such as taxes, freight, shipping, handling, etc.
After getting the commission amount, Stockom have 2 ways to make payment for the commission.
- Calculate the commission from the sales representative report and after paying the amount add it as an expense in Add Expense menu.
- In Add expense, select the Expense-For dropdown