Why set up Commission Defaults?
You can set up commission defaults for each manufacturer/product line in order to project how much commission you will earn off of orders or invoices entered into the Repfabric system prior to receiving the commissions for those orders/invoices. Commission defaults are a convenient way to bring a manufacturer’s/product line’s standard commission percentage into the order or invoice entry forms without having to remember the specific percentages.
Additionally, depending on your process for each manufacturer/product line, you can automatically post sales or sales and commission entries during order entry.
Lastly, you can also set the commission’s “Lag time”, or time it takes your line to pay you once you are aware of an invoice that you are due commissions for, from this configuration area.
Configuring Commission Defaults
Follow the Hamburger menu > Settings> Subtables path, and select Commission defaults- Press the “New” button and select which manufacturer/product line you want to configure defaults for.
- If you want to configure different commission percentages for Specification, Origin and Destination Credits, please see the Tutorial:
Projecting Commissions for Spec, Origin, and Destination Credits (linked)
- Enter your default commission rates.
- Enter your lag time (defined as the period of time between your invoice date and receiving commission payment) for Cash Flow Report. You should be loading invoices prior to receiving payment for this projection.
- Upon shipping a Purchase Order from the PO module, you can select “Post Sales” to automatically default when shipping the Order.
- Additionally, you can also “Post Commissions” if you post the invoice and commission at the same time as shipping the Order. The screenshot below depicts shipping the line item in the Order screen where the commission default options to post sales and commission apply.
