The Commission Agent feature in IsleBooks POS is helpful for businesses that give commissions to their sales agents for the sales they generate. Here's how you can set up and use Commission Agent in IsleBooks POS:
Enabling and Choosing Commission Agent Type:
1. By default, Commission Agent is turned off. To activate it, go to Settings -> Business Settings -> Sales. Look for the "Sales Commission Agent" dropdown.
2. You'll see three options for Commission Agent types:
- Logged in User: If you pick this, the person logged in and adding the sales will automatically be assigned as the commission agent, and they'll receive the commission for those sales.
- Select from User's List: With this choice, the POS and Sales screen will show a list of users in your business. The one adding the sales can then choose a commission agent from that list.
- Select from Commission Agent List: If this is enabled, the POS and Sales screen will display a list of "Sales Commission Agents" present in your business. The person adding the sales can then select the commission agent from this list.
Choose the option that suits your business needs.
Adding Commission Percentage:
When you're adding or editing a User or Sales Commission Agent, you can specify the percentage of commission linked to them.
Calculating Commission Amount:
To see how much commission is due, go to Reports -> Sales Representative Report.
1. Choose the specific User for whom you want to see the commission amount.
2. The report will show a detailed overview of Total Sale, Total Sale Commission, and Total Expense. Underneath, there will be a table listing all the relevant transactions.
3. Remember, sales commission is calculated based on the sales amount of items and doesn't include shipping or tax expenses.
Commission Payment:
Once you've figured out the commission amount, IsleBooks POS provides two ways to make commission payments:
1. Using Expense: Calculate the commission from the Sales Representative Report and pay it by adding the amount as an expense in the "Add Expense" section.
- In the Add Expense form, choose the right expense category and enter the commission amount.
2. Custom Payment: You can manage commission payments outside the system by manually paying the sales agents.
Choose the method that fits your business processes and needs.
Make sure to follow these steps based on how your business operates.