Welcome to the latest update from SapphireOne, where we are excited to introduce our Enhanced Commission Functionality. This new feature is designed to streamline the way your organisation manages and processes commissions, ensuring that your sales team is rewarded efficiently and accurately.
With SapphireOne’s new update, as soon as an invoice is fully paid and allocated, it will automatically load into the working transaction of the employee or employees, designated as the representative on that invoice. This means that when you modify the working transaction for that employee and select the Commission, SapphireOne will automatically load all those paid and allocated invoices. This automation saves time and reduces the potential for human error, allowing you to focus on what matters most – growing your sales and nurturing client relationships.
Commissions Overview
The importance of tracking internal reference numbers linked to transactions cannot be overstated. These numbers are crucial in ensuring that commissions are correctly processed to the appropriate salesperson or representative. Our updated feature facilitates this process, making it vital for your organisation to maintain meticulous records of these reference numbers.
Commissions and Superannuation in Payroll/HR
When it comes to commission payments added to an employee’s pay, mandatory superannuation will continue to be applied at the current government-mandated percentage. The calculation and inclusion of the employee’s superannuation contribution from commissions will follow the same procedure as for regular pays. This consistency is key in adhering to superannuation regulations and practices.
It’s important to note that when disbursing commissions to an employees, the applicable superannuation rate must be deducted from the commission amount initially. This ensures that SapphireOne’s Payroll/HR incorporates the adjusted commission within each pay run, while also adding the associated superannuation contribution. This process is distinct from the norm for regular pay, ensuring that the employee does not receive superannuation payment twice on the commission amount.
Setting Up for Commissions
To utilise the Enhanced Commission Functionality, navigate to Inventory > Sales > Sales Rep & Carrier. The initial page of the Sales Representative and Carrier, the Details page, is where you’ll configure the commission processing details. It’s imperative to precisely configure two specific data entry fields:
Rep ID – Enter a Rep ID to trace commissions issued by the company and link them to a representative. This ID can match the user or employee ID if required, integrating commissions paid into the Payroll/HR mode.
Commission Percentage – Enter the commission percentage to be allocated to the representative in this data entry field.
By following these steps, you can ensure that your sales team’s commissions are processed seamlessly within SapphireOne.
For a deeper understanding of the SapphireOne Commissions functionality, please refer to our Knowledge Base article: Sales Rep and Carrier.
