Divide Commission

Contents

Use this area to view/edit company commission and internal commission division for a Contract.

1. Click on the Properties Function/Menu button.

2. Select the Contracts Option Button.

3. Ensure the correct Department is displayed/selected in the Department Drop Down List.

4. At the top of the List of records area enter your search criteria in the Look for field. You may

search for a Contract using any of the Address fields, for example 12 Middlegate Street, Sydney. You may enter, 12 or Middlegate or Street or Sydney. Note: You are also permitted to enter abbreviations such as “Mid” or part of the word contents such as “gate”.

5. Click on the Find Now button.

6. The system will display all results in the List of records area below.

7. Double left click on the Contract to display its details in the Active Window.

8. Select the Divide Commission tab.

9. Gross Commission (GST excl.) displays the company commission less the GST portion.

10. Franchise Fee (GST excl.) displays the Franchise Fee amount less the GST portion.

11. Enter the Lister Portion for Lister if different, the Seller portion will calculate automatically.

12. Select the Partial Settlement checkbox if applicable. Enter the First Commission percent.

13. In the Other Commission Deductions grid, left click on the area under the Commission

Deduction column heading, if not already visible, select the relevant Commission Deduction from the Drop Down list.

14. Press the <Tab> key and enter the Amount. Any amount entered into this area will be

deducted from the company commission, you may nominate whom this deduction applies to i.e.: Lister, Seller, Both or Neither (Unspecified). Note: These may be setup in the Administration > Setup Tables > Commission Deduction area.

Divide Commission

The Divide Commission grid will automatically display & calculate the appropriate commissions break down for each employee involved in the sale of this property.

The commission division is dependant on a gross % split, e.g.: Lister 60%, Seller 40% or Lister 50%, Seller 50% etc. The proportion of this split will determine all amounts in the following columns:

1. The Gross $ amount is the amount of gross commission before any deductions have been

removed.

2. The Gross Adjustment is the total value of all deductions, i.e. any Commission Deductions,

Franchise Fee deductions etc. Note: This figure may be edited, however, please be aware that should you edit this figure and then subsequently press the Recalculate button, these figures will recalculate to their original value.

3. The Adjusted Gross $ is the amount of gross commission once all deductions have been

removed.

4. The Net $ is the amount of commission to be credited to the sales person as per their individual

employee’s settings.

5. You may add/edit this grid.

6. Click on the Recalculate button if you have made adjustments to the commission amounts.

Credit button (See Note)

Note: This option will only be visible if your Administration > Departments > Sales Settings > Contract Settings page has either of the following checkboxes selected;Credit Sales Staff commission when contract is exchanged or unconditional or Credit Sales Staff commission when Section 27 date is entered (Vic only)

This feature will allows you to define the date that you want commission to be credited to the Salesperson/s i.e. appear on a specific date for the commission statement period.

1. Click on the Credit button,

2. A Select Credited Date window will appear.

3. Select the appropriate Radio Button.

4. Click on the OK button

5. A message will be displayed “Are you sure you want to credit commission on this date

dd/mm/yyy”?

6. Select Yes or No accordingly.