Chapter 1: General Information
Application Features
These features are offered in the Commission Accounting applications:
- Allows optional flow-through of sales commissions from Accounts Receivable and Order Entry during Invoices Post
- Permits direct entry of sales commissions with optional flow-through to the Sales Analysis application
- Transfers specific commissions to Accounts Payable, and permits optional payment of sales commissions through Accounts Payable
- Offers option of transferring summary or detail information to Accounts Payable
- Allows adjustments to posted sales commissions
- Enables editing of pay status of posted sales commissions before payment
- Provides for holding payment of a sales commission until the invoice generating the commission has been paid by the customer in Accounts Receivable
- Offers three methods of computing commission amounts: by selling price, by product from Inventory Control, or by gross margin
- Maintains sales, costs, and commissions history by month for each salesperson