I would like to know how I can track commissions for my sales reps.
A customer orders $1000 from Sales Rep A at 10% commission rate. We invoice the customer. 30days later the Customer pays their bill, we pull up a report Sales Rep commissions revenue based. So the report shows us 100 commission payable.
A customer orders 50000 from Sales Rep B at 5% commission rate. We invoice the customer. the customer never pays their bill ( they declare bankruptcy ) If we were to pull up the Sale Rep commission revenue based report we would see $0 commission payable.
Calculating commissions manually is tedious, especially when it requires Excel reports separate from the accounting software or CRM.How much time are you wasting by doing it all manually? And, how much more do you waste whenever you need to fix a mistake?You can mostly have wrong amounts or bonus rates after calculating all accurately.
To handle such complexities, Zoho Experts at Yaali offered Commission Calculator App to compute payments quickly.It was designed specifically to save time, protect you against errors, and give employees visibility into their payments.It integrates well with Zoho Books or CRM or payroll software like Gusto(or other 3rd party platforms)which can be customized easily to meet your specific business demands completely. We can also customize the app to calculate more complicated commissions, or perform extra related functions.
Intrigued to know more?
This is a GREAT IDEA!!! It would seem simple enough for ZOHO to implement.
Brett Dines commented
Any updates or developed commission systems that someone has put together using zoho creator?
Mercy Felesia commented
And this can have columns like
1. New account
2. Existing account
Mercy Felesia commented
I this is very vital. Keeping track of commissions is one vital stricture that all companies need. If it could be possible to have this in the system instead of exporting to excel, where by one can just print commissions report.
We pay both percentage based and fee based commissions. I would cast another 100 votes for item by item commissions!!
Thanks for requesting this feature. As of now, we don't have an option to track commissions. But if your sales person commissions are fixed, you can take a look at 'Sales By Sales Person' report - https://www.zoho.com/invoice/kb/invoices/sales-person.html . This report shows total sales made by sales-person. You can export this report to excel and compute the commission in it.